MBD OriginOil Enter Partnership
Australia?s MBD Energy becomes OriginOil?s first geographical partner and the partnership looks forward to many years of mutual growth in the fast-moving field of CO2 capture using algae.
They share a joint quest to commercialise industrial-scale algae production.
MBD Energy is regarded as an international leader in the use of captured flue-gases as feedstock to produce algal biomass.
OriginOil has the breakthrough technology for converting algae biomass into fuel;
Both OriginOil and MBD plan to work very closely on large-scale algae systems to absorb the CO2 from coal-fired power plants and other major greenhouse-gas emitters.