USA Algae Commercialization Business Plan, Research, and Networking Forum

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National Algae Association Press Release

The Woodlands, Texas - May 4, 2008 - The National Algae Association announces its Algae Commercialization Business Plan, Research, and Networking Forum. Algae oil production companies, algae researchers and algaeprenuers will present leading-edgetechnologies for commercialization of the "new oil" on July 17th in The Woodlands,Texas

The NAA brings companies and researchers together to share ideas and exchangeinformation to overcome technological hurdles and commercialize this fast growingrenewable oil industry.

Current high oil prices, the collapse of food-for-fuel initiatives and concerns about increased levels of CO2 emissions in the atmosphere have all created awarenessof the need for alternative fuel solutions. Algae has emerged as one of the lowestcost feedstocks for the biofuels and cellulosic industries. Algae is considered to be a promising source of renewable oil which can be processed and refined intoa variety of transportation fuels.

Recent breakthroughs in pond development and closed end loop systems put algae oilproduction companies on the leading-edge of the renewable oil industry.

Some challenges:
a) identifying the best suitable algae strains with the largest extraction rates.
b) standardizing photobioreactor (PBR) technologies
c) developing new CO2 injection methods
d) monitoring nutrient levels for efficient algae growth rates
e) finding cost effective oil extraction methodologies

Algae can be refined to make biofuel, jet fuel, bio-gasoline and cellulosic materialssuch as pharmacueticals, cosmetics, plastics and green packaging.For additional information contact: www.nationalalgaeassociation.com, or 936.321.1125

Nature gave us oil from algae; perhaps we should try Nature's way again

Fortune Magazine Article on Oil from Algae

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CNN Money has a recent detailed article on oil from algae, with mention of GreenFuel

See here

Nature gave us oil from algae; perhaps we should try Nature's way again