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Algae Tec strikes good Revenue model


   Algae is multi productive-biodiesel, ethanol, plastics, feedstock, jet fuel   to mention a few; further research can throw up many new products.


Algae Tec's McConchie-Shroud system makes algae highly viable, so much so China and Australia have signed MOUs with it.

Algae.Tec Limited (ACN 124 544 190),  has secured the exclusive global rights to a pioneering highly-efficient algae growth and harvesting system (the McConchie-Stroud System).

he McConchie-Stroud algae production technology are designed to generate four revenue streams: oils which can be refined into biodiesel; carbohydrates (sugars) that can be used in the production of ethanol; proteins that can be used as feedstock for farm animals; and protein and carbohydrate biomass that can be combined to produce jet fuel.

 

The MOU with Hong Kong company Pacific Minerals Limited and Australian company RKD International Pty Ltd provides for the establishment of a Chinese joint venture with the objective of introducing Algae.Tec's technology into China with the establishment of commercial production facilities.

The McConchie-Stroud uses low-maintenance technologies and a highly efficient solar system to produce algae in one-tenth of the land surface as compared to the current pond method for producing algae.

The Algae.Tec System is designed to deliver the highest yield of algae per hectare, and solves the problem of food-producing land being turned over for bio fuel production.



Algae.Tec is backed by investors from the United Kingdom, Asia and the USA who have invested more than $5 million in research and development of the algae production technology over the past seven years

 

http://www.prnewswire.com/news-releases/algaetec-signs-mous-for-china-and-australia-pre-listing-101591198.html

 

Fri August 27 2010 04:56:04 AM by Aathmika algae tec  |  Algae biofuel 1840 views
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