Delegates in Algae World 2008 conference, Singapore said "Production cost of microalgae is too high"

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Delegates attending the Algae World 2008 conference in Singapore said the current production cost of microalgae is too high to justify its use as a biodiesel feedstock.

Assuming oil is retailing at US$1 a litre, the production cost of algae has to fall to US$0.37 per kilogramme to encourage the use of the algae in biodiesel production, Syed Isa Syed Alwi of Malaysia's Sasaran Biofuel said at the sidelines of Algae World 2008. This is only a fraction of the unit cost of algae produced at some of the world's largest algae farms.

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