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South African Firm To Make Biofuel From Algae |
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De Beers Fuel already runs a plant which produces 144 000 litres of bio-diesel daily from sunflower seed oil, at Naboomspruit in the northern Limpopo province. A bio-diesel algae reactor installed at the plant will be showcased to investors, experts and the media later this week.
“The project is highly capital-intensive. The first 100 acres will require about R3.5bn, this has been sourced mainly from foreign private equity groups,” Hendy Schoombee, a senior official at De Beers Fuel said.
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Tags : algae-fuel-plant
Sub Topics - Algae Fuel Companies,
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