PERTH, Australia, May 9, 2012 — /PRNewswire-Asia/ – Algae.Tec (ASX:AEB, FWB:GZA:GR, OTCQX:ALGXY), an advanced algae to biofuels company with a high-yield enclosed algae growth and harvesting system today announced commissioning for its showcase biofuels facility Shoalhaven One in Nowra Australia started this week.
“The Algae.Tec facility is positioned to take a carbon dioxide feed from the Manildra Groups manufacturing facility,” Stroud said.
Algae.Tec’s USA-based Technical Director, Earl McConchie is currently in Australia overseeing the commissioning team.
Algae.Tec has carbon capture biofuels projects underway in Sri Lanka with cement giant Holcim, and in China. An arrangement is in place with Lufthansa for aviation fuel studies.
The Shoalhaven One initial bioreactors were assembled and shipped from The Algae Manufacturing and Development Centre in Atlanta.
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About Algae.Tec www.algaetec.com.au
Algae.Tec Ltd, founded in 2007, is an Australian advanced renewable oil from algae company that has developed a high-yield enclosed algae growth and harvesting system, the McConchie-Stroud System. The company has offices in Atlanta, Georgia and Perth, Western Australia.
The Algae.Tec enclosed modular engineered technology is designed to grow non-GMO algae on an industrial scale, and produce biofuels that replace predominantly imported fossil fuels.
The technology has demonstrated exceptional performance in productivity, product yield, carbon dioxide sequestration, and production unit footprint requirements versus agricultural crops and other competitive algae processes in the industry.
Algae.Tec offers a profitable solution for carbon emitting companies and industries seeking carbon dioxide reduction technologies. The algae growth system is an alternative to Carbon Capture and Storage (CCS).
The Algae.Tec solution is less than one tenth the land footprint of pond growth options, while its enclosed module system is designed to deliver the highest yield of algae per hectare, and solves the problem of food-producing land being turned over for biofuel production.
DMG PR Susan Fitzpatrick-Napier or Amy Richardson TEAM@DMGPR.COM Australia +61-2-8006-0424 USA +1-650-798-5238