Japanese company boosts algae productivity and lowers costs

January 14, 2014 |

In Japan, IHI NeoG Algae says it has cut the price of algae production by half to $4.8 per liter in part thanks to improvements in breeding. Through breed improvement and automation, the company is working to bring the production cost down to 96 cents per liter. The algae species was developed by Gene & Gene Technology and is being grown in IHI’s pond.

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