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Florida-based Algenol Biofuels Inc. announced Sept. 15 the appointment of two new employees. Greg Schlicht has been named senior vice president of business development and general counsel, while Dax Denman will serve as senior program manger.
Founded in 2006, Algenol has developed a technology using algae to produce ethanol. The technology, trademarked as Direct to Ethanol, produces industrial-scale low cost ethanol using algae, sunlight, carbon dioxide and seawater. Each algae cell used in the process is like a tiny ethanol factory. Sugar is produced through photosynthesis and immediately converted into ethanol. The algae grow in 500 gallon sealed containers. Ethanol produced by the algae evaporates into the head space of the container and is then collected and purified.
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