Friday, February 20, 2009

Kent BioEnergy's Proprietary Algae Technologies

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Van Olst and Jim Carlberg are co-founders of San Diego-based Kent BioEnergy, a startup that has developed a variety of proprietary algae technologies over the past 37 years.

The company they founded in 1972 eventually became the world’s largest producer of hybrid striped bass, producing 2 to 3 million pounds of fish and peak revenue of $10 million a year.

In recent years, as their fish aquaculture business came under increasing pressure from rising shipping costs and low-priced foreign competitors, Van Olst led the shift in focus to algae. What was Kent SeaTech became Kent BioEnergy, a reorganized company that plans to produce algae for energy, biomass, and water treatment applications. Their expertise with algae, though, has roots that began more than 15 years ago, when the company developed ways of using algae to clean the water in the fish pens at its 160-acre striped bass production facility.

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