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Florida-based PetroAlgae Inc. is collaborating with India’s largest company to develop algae strains and technology to suit Indian conditions. PetroAlgae’s subsidiary PA LLC recently signed a memorandum of understanding with Indian Oil Company Ltd. to build a pilot plant meant to demonstrate the commercial viability of the company’s technology. “A commercial production facility with a capacity of 200,000 tons per year of biodiesel is proposed in the near future,” IOCL said. The process will also produce a high-value protein for animal feed.
Source: Biomass magazine
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