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I read recently of OriginOil shipping its technology Quantum Fracturing to MBD Energy Limited of Australia.This I think is one of its early customers fetching it revenue in the algae scene. Now I read of a Korean company wanting to buy bio crude from Petro Algae. Korean renewable energy developer, Eco-Frontier has signed a non-binding offtake agreement to purchase biocrude produced through Florida-based PetroAlgae's micro-crop technology. The agreement that the two companies signed means that Eco-Frontier is willing to establish a market in Korea and other areas for biocrude produced by the PetroAlgae system. |
