Blogs under tag AlgaeUniliver to invest in algae !! Posted by Shankar on Wed September 08 2010 05:39:24 PM 9 |
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As food and consumer-goods companies face problems obtaining the key ingredient palm oil without damaging the environment, Unilever is betting on a promising low-life alternative: algae. London-based Unilever, which relies on palm oil to make Dove soap, Vaseline lotion and Magnum ice cream, is set to announce Wednesday that it has made a multimillion-dollar investment in Solazyme Inc., a South San Francisco, Calif., company that harvests algal oil, a liquid that can replace palm oil in foods, soaps and lotions and serve as biodiesel fuel to power airplanes. In case you have forgotten about the agreement Uniliver signed up with Solazyme recently pl read http://www.oilgae.com/club/users/narsi/blogs/17 Many of you may even remember that the Japanese food giant called San-ei Gen has participated in the recent $ 54 m Vc funding to Solazyme as a strategic partner. Unilever's investment comes as big food companies are under pressure from environmentalists ...http://online.wsj.com/article/SB10001424052748703720004575477531661393258.html |
Re- engineering Algae to biodiesel production Posted by Shankar on Mon July 26 2010 08:04:27 AM 1
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To the best of my knowledge, this is the second funded project in gene modification after the Exxon SGI deal. It will be great if we compile a list of such projects / researches ie those in pursuit of modifying the gene of algae to make more oil, easily. Although I have been emphasising the need for regulation in such projects that involve, GM, it seems like a pretty viable project. In Indiana, the DOE has awarded $4 million to a project at Purdue University that is attempting to genetically engineer algae to generate more lipids. The three year project calls for the Purdue researchers to maximize the amount of CO2 that is routed towards lipid production, as opposed to other activities within the cell. The group will also create flux maps that focus on the speed of reactions within metabolic pathways, information that the research team says will be useful for future genetic engineering efforts. Read the story direct from Purdue univ site in the url given below. |
Algae to oil company picked as a 10 bagger !! of the month !! Posted by Shankar on Tue July 06 2010 12:45:49 PM 1
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Pennystockpicks is a famous site for picking multi baggers. They are considered the best bet for rags to riches. From penny to millions. Guess what ! They have picked this month an algae company The article doesnt convince me. Most of the arguments given are old. " OOGI, Odyssey Oil & Gas, Inc. A subsidiary of Odyssey, is currently operating in a joint venture with Xstrata Alloys, a subsidiary of Xstrata Plc (LSE: XTA), trading at $ 1,167.00 per share in London, XTA is the world's largest producer of Ferrochrome and OOGI's partner, in a project at one of Xstrata's Ferrochrome smelters, not far from the 2010 World Cup Soccer Games near Rustenburg in South Africa. The Joint Venture has set out to capture and sequestrate the carbon dioxide emissions, thereby creating carbon credits. The results have been no less than incredible. OOGI has taken what was until recently only a concept, to an entirely new level, and that means a DOUBLE PLAY opportunity for OOGI shareholders. Not only is the company deeply involved in carbon sequestering but it's also involved in the algae to bio-fuel production. If you've been following the bio-fuel news you know this, in of itself, is huge! So huge in fact Exxon Mobil (OXN) is investing hundreds of millions of dollars in hope to be where Odyssey oil already is today " More http://www.thepennystockpicks.com/our-10-bagger-pick-for-this-month-is-oogi/ |
