An oil company working in Australia in the Basin is a front runner in North America on the Algae BioDiesol front and is making big headway with production in this area. Some tidbits, news and background are below.
BioDiesol from algae is becoming a very real application and is being tested and used to produce on mass scales. The left over algae is used for animal feed and these can be set up all over the world.
One company that is the leader in this department is PetroSun a publicly traded company trading under the symbol: (OTC: PSUD)
Petrosun has already began to set up a large facility in the State of Alabama and is working with the University directly. More info can be found at: PetroSun
PetroSun, Incorporated (PINKSHEETS: PSUD) announced today that the Company has filed the Articles of Incorporation for AL-G-BAMA, Incorporated with the State of Alabama. The Company was formed as the result of recent meetings with officials from the State of Alabama, Auburn University and private interests regarding the cultivation of algae for the purpose of biofuel and animal feed production within the state. PetroSun holds an eighty percent equity position in AL-G-BAMA with the balance held by private parties from Alabama.
The initial pilot plant will be located in Opelika, Alabama. The purpose of this facility is to test both open and closed algae growth systems for commercial viability. The Company will also test extraction and refining technology from several manufacturers during the field trials.
Algae BioFuels, a PetroSun wholly owned subsidiary, will license technology to AL-G-BAMA and joint operate the facility with the other equity partners.
This could be a very interesting company to follow as developments unfold.
BioDiesol from algae is becoming a very real application and is being tested and used to produce on mass scales. The left over algae is used for animal feed and these can be set up all over the world.
One company that is the leader in this department is PetroSun a publicly traded company trading under the symbol: (OTC: PSUD)
Petrosun has already began to set up a large facility in the State of Alabama and is working with the University directly. More info can be found at: PetroSun
PetroSun, Incorporated (PINKSHEETS: PSUD) announced today that the Company has filed the Articles of Incorporation for AL-G-BAMA, Incorporated with the State of Alabama. The Company was formed as the result of recent meetings with officials from the State of Alabama, Auburn University and private interests regarding the cultivation of algae for the purpose of biofuel and animal feed production within the state. PetroSun holds an eighty percent equity position in AL-G-BAMA with the balance held by private parties from Alabama.
The initial pilot plant will be located in Opelika, Alabama. The purpose of this facility is to test both open and closed algae growth systems for commercial viability. The Company will also test extraction and refining technology from several manufacturers during the field trials.
Algae BioFuels, a PetroSun wholly owned subsidiary, will license technology to AL-G-BAMA and joint operate the facility with the other equity partners.
This could be a very interesting company to follow as developments unfold.
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