Barry Cohen takes the concept of going green to a whole new level.
As director of the National Algae Association, he is a leading advocate of curbing U.S. dependence on oil by harnessing the power of tiny, green waterborne plants known to most as pond scum.
In the U.S., there are some 20 small algae producers, and the number is growing, Cohen said. Russell Industries, a Nevada holding company run from Houston, may join the group soon. This year, the firm plans to open an algae plant at a still-undecided Houston location, CEO Rick Berman said.
It will produce algae oil to be sold to biodiesel refineries and also market its biomass waste to cosmetic, pharmaceutical and bioplastics industries, he said.Berman likes the idea of having the first such facility in Houston, but is also confident it will make money. “We’re not doing this because we have nothing better to do,” he said.
As director of the National Algae Association, he is a leading advocate of curbing U.S. dependence on oil by harnessing the power of tiny, green waterborne plants known to most as pond scum.
In the U.S., there are some 20 small algae producers, and the number is growing, Cohen said. Russell Industries, a Nevada holding company run from Houston, may join the group soon. This year, the firm plans to open an algae plant at a still-undecided Houston location, CEO Rick Berman said.
It will produce algae oil to be sold to biodiesel refineries and also market its biomass waste to cosmetic, pharmaceutical and bioplastics industries, he said.Berman likes the idea of having the first such facility in Houston, but is also confident it will make money. “We’re not doing this because we have nothing better to do,” he said.
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