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Algaenol ties up with Valero !! 1

Algenol possesses one of the advanced third generation biofuel technology in the United States.

Algenol makes low cost ethanol directly from CO2 and seawater using hybrid algae in sealed, clear plastic photobioreactors through its unique, patented Direct to Ethanol? technology ? all powered by the sun.

Algenol's research and development efforts have culminated in a process that can produce ethanol at a rate of approximately 6,000 gallons per acre-year.

Valero's is well known for its technology and infrastructure for production and distribution of transportation fuels and chemicals.

When these two combine and if they are successful, this collaboration has the potential of resulting in joint venture, commercial scale algae-based facilities and off-take arrangements with a global reach.
Thu May 06 2010 02:52:15 AM by Manohar Valero  |  algaenol 1306 views

Comments - 1

  • RaviPrasad wrote:
    Thu May 06 2010 10:17:30 AM

    i think the idea is good but whether its cost is equivalent to current diesel price in Asian countries like India because all sucess and all question revolves around the price which is the basic need or urge of a commmon people.

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