Algaetech International into the Production of Aviation Fuels from Algae
Here is a Press Release from Algaetech International, Malaysia on the Frost & Sullivan’s Asia Pacific Green Excellence award and the company’s venture into algae based aviation fuels.
KUALA LUMPUR, MALAYSIA – Algaetech International Sdn. Bhd. has received the 2011 Frost & Sullivan Asia Pacific Green Excellence Award for Service Innovation in Algae Technology. The award was conferred at the inaugural 2011 Frost & Sullivan Asia Pacific Green Excellence Awards banquet held on the 25 August at the Amara Sanctuary Resort Sentosa, Singapore.
According to Frost & Sullivan, Algaetech International Sdn. Bhd. is a turnkey company in algae technology and is ever ready to offer key green solutions to help solve environmental issues while providing a return in investment in the form of high value products, such as biofuels, health foods and other valuable by-products.
By utilizing CO2 emissions as a resource to grow the algae, Algaetech helps power plants and manufacturing facilities reduce their impact on the environment while simultaneously generating revenue from their waste streams.
Algaetech is also currently working closely with the Aerospace Malaysia Innovation Centre (AMIC) and EADS to promote the cultivation of algae and production of aviation fuel in Malaysia. Algaetech is also embarking into a new venture, Pahang Biodiesel, on the development of what will be the world’s largest algae project on a 5,000 acres site in Rompin, Pahang.
October 8th, 2011 at 7:00 am
Due to the rising awareness and demand for algae biomass, the price for the raw materials needed to cultivate it has also increased and is still steadily increasing. Corporations that are into Photobioreactors and algae biomass are investing millions of dollars for their bio fuel projects. And since the production of algae oil, which is essential in making the whole process work and for research purposes, is still minimal, the opportunity for selling it can be lucrative. Algae bioreactor manufacturer