(Notícia em Inglês)
Florida company Algenol Biofuels, Inc., has agreed to work with a subsidiary of oil and gas giant Valero Energy Corporation to pursue commercial-scale algae biofuels production.
Algenol, which is based in Bonita Springs, southern Florida, signed a joint development deal with Valero Services, Inc., to combine its “Direct to Ethanol” algae technology with Valero’s expertise in fuel production and distribution infrastructure.
The collaboration has the potential to result in a joint venture to develop commercial scale algae-based biofuels production facilities, the companies said.
Paul Woods, CEO and founder of Algenol, said: “We are excited and encouraged to be working with Valero on this initiative, bringing together Valero’s industrial expertise and Algenol’s revolutionary technology. This collaborative effort is a significant step on the road to the commercialization of algae-based biofuels and biochemicals.”
brighterenergy.org»
Florida company Algenol Biofuels, Inc., has agreed to work with a subsidiary of oil and gas giant Valero Energy Corporation to pursue commercial-scale algae biofuels production.
Algenol, which is based in Bonita Springs, southern Florida, signed a joint development deal with Valero Services, Inc., to combine its “Direct to Ethanol” algae technology with Valero’s expertise in fuel production and distribution infrastructure.
The collaboration has the potential to result in a joint venture to develop commercial scale algae-based biofuels production facilities, the companies said.
Paul Woods, CEO and founder of Algenol, said: “We are excited and encouraged to be working with Valero on this initiative, bringing together Valero’s industrial expertise and Algenol’s revolutionary technology. This collaborative effort is a significant step on the road to the commercialization of algae-based biofuels and biochemicals.”
brighterenergy.org»