Algenol to Offer Ethanol to Consumers
Algenol Biotech LLC and Boca Raton-based Protec Fuel Management LLC have signed an agreement to distribute algae based ethanol to consumers. The companies have decided to offer 18 million gallons per year fro
m Algenol’s commercial plant which is to be developed in Central Florida in 2016.
Protect will distribute and market the fuel for E15 and E85 applications for retail stations and commercial fleets. The partnership will enable Algenol to leverage Protec’s established network of retail clients for distribution of products and also enhance Protec’s ability to bring to market unique renewable fuels.
