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Algae: The New Oil

Written by b cole
Sunday, 04 May 2008
The Woodlands, Texas – May 4, 2008 – The National Algae Association announces its Algae Commercialization Business Plan, Research, and Networking Forum. Algae oil production companies, algae researchers and algaeprenuers will present leading-edge technologies for commercialization of the “new oil” on July 17th in The Woodlands, Texas. The NAA brings companies and researchers together to share ideas and exchange information to overcome technological hurdles and commercialize this fast growing renewable oil industry.Current high oil prices, the collapse of food-for-fuel initiatives and concerns about increased levels of CO2 emissions in the atmosphere have all created awareness of the need for alternative fuel solutions. Algae has emerged as one of the lowest cost feedstocks for the biofuels and biobased industries. Algae is considered to be a promising source of renewable oil which can be processed and refined into a variety of transportation fuels. Recent breakthroughs in raceway pond development and closed end loop systems put algae oil production companies on the leading-edge of the renewable oil industry. Some challenges:a) identifying the best suitable algae strains with the largest extraction rates.b) standardizing photobioreactor (PBR) technologiesc) developing new CO2 injection methodsd) monitoring nutrient levels for efficient algae growth ratese) finding cost effective oil extraction methodologiesAlgae can be refined to make biofuel, jet fuel, bio-gasoline and bio-based materials such as pharmacueticals, cosmetics, plastics and green packaging.For additional information contact: www.nationalalgaeassociation.com or 936.321.1125 Bookmark with: Delicious Digg reddit Facebook StumbleUpon What are these?

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