Algae.Tec to Build its First Biofuel Production Plant
Algae.Tec , which recently shipped its first photo bioreactors to Australia, has now entered into a agreement with Holcim Lanka Limited, a cement manufacturing firm. The biofuels company in collaboration with Holcim intends to build its first algae biofuels production facility in Asia, which will reduce carbon dioxide emissions from the cement manufacturing plant.
This facility, at Sri Lanka, is said to initially comprise a production plant of five photo-bioreactor modules. Holcim also intends to evaluate the benefits of waste CO2 capture, so as to implement the same in other sites of Holcim Lanka Limited.
