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Algae -Special Chemicals

BASF, a leading chemical company  is continuously exploring innovative technologies to provide products to its customers.

BASF SE and Solix Biofuels, Inc.  announced that they have signed an agreement to investigate the use of algae to produce certain chemicals for BASF. Solix is a leading developer of algae cultivation technology systems and will test multiple algae species in its proprietary growth system, AGS?, for BASF. Further terms were not announced.

. The idea of using algae to produce chemicals has been around for a while, with some proposing using algae to produce a chemical that can sell for $800/gallon.

The use of algae, which consume CO2 as part of their growth cycle, could potentially provide an attractive way to produce certain chemicals from a renewable source.

http://www.marketwire.com/press-release/BASF-and-Solix-Biofuels-Collaborate-to-Produce-Specialty-Chemicals-From-Algae-1323021.htm

 


Mon October 11 2010 08:10:00 AM by Aathmika 1440 views
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