Wednesday, November 25, 2009

Soley Biotechnology's Business Briefs from Biodiesel Magazine

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The Soley Biotechnology Institute is offering samples of algae oil on its Web site, and offering microalgae oil for sale for $0.418 per liter. The company described the source as heterotrophic microalgae grown in a pyramid photobioreactor. The fatty acid profile offered on the Web site indicates the oil is 51 percent palmitic, 39 percent oleic, 7 percent linoleic and 2 percent stearic. The Turkey-based Soley Institute has been working on microalgae since 2000. Among its projects has been algae production for nutritional supplements in partnership with the Intergovernmental Institution for the use of Micro-algae Spirulina Against Malnutrition. The Soley institute initiated a grant program in 2009 for algae research in developing countries.

Source: Biodiesel magazine

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