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Algae.Tec heads for South Asia with Holcim Lanka fuel deal

| December 2, 2011

In Australia, Algae.Tec reports they have signed a collaboration contract with Holcim Lanka, a cement and building materials company in Sri Lanka, to build its first algae biofuels production facility in Asia. Holcim was attracted to the Algae.Tec solution as a way of reducing its carbon footprint by channeling waste carbon dioxide into the algae growth system, and generating biofuel at below market cost.

The biofuels production facility will initially comprise a production plant of five photo-bioreactor modules. This plant will allow Holcim to evaluate capturing more waste carbon dioxide in a much larger facility.  The photo-bioreactor modules are assembled at the company’s USA facility, the Algae Development & Manufacturing Centre in Atlanta, Georgia.

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Category: International

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