(Notícia em Inglês)
Green Star has already started fabrication of the 13 modules required for the processing of algae oil and other low cost available oils to produce biodiesel. The contract states that Green Star will build these modules at cost and will earn Green Star a future equity position and cash flows from the facility.
This strategy has been a long term concept for Green Star which insures that the Company is not selling its proprietary technology but only builds facilities in which it shares in the ownership and cash flows. This also helps guarantee the security of its intellectual property.
The algae to biodiesel plant will be rated initially at two million gallons per year with all necessary provisions incorporated so that the plant can easily be expanded to larger capacities in the future. The algae bioreactor system associated with this biodiesel plant is still under negotiation. Green Star will also participate in the engineering, fabrication and construction of the algae facility.
marketwatch.com»
Green Star has already started fabrication of the 13 modules required for the processing of algae oil and other low cost available oils to produce biodiesel. The contract states that Green Star will build these modules at cost and will earn Green Star a future equity position and cash flows from the facility.
This strategy has been a long term concept for Green Star which insures that the Company is not selling its proprietary technology but only builds facilities in which it shares in the ownership and cash flows. This also helps guarantee the security of its intellectual property.
The algae to biodiesel plant will be rated initially at two million gallons per year with all necessary provisions incorporated so that the plant can easily be expanded to larger capacities in the future. The algae bioreactor system associated with this biodiesel plant is still under negotiation. Green Star will also participate in the engineering, fabrication and construction of the algae facility.
marketwatch.com»