BASF makes algae bet; signs R&D partnership with Solix
In Colorado, BASF and Solix Biofuels announced an agreement to investigate the use of algae to produce certain chemicals for BASF.
Solix is a leading developer of algae cultivation technology systems and will test multiple algae species in its proprietary growth system, AGSTM, for BASF. “Algae represent a fascinating addition to BASF’s technology portfolio,” said Harald Lauke, President of the Specialty Chemicals Research at BASF, “as they offer the potential to produce a number of exciting specialty products. After surveying the algae industry, we chose to work with Solix based on its knowledge of algal biology and the strength of its AGS.”
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