Neste Oil invests $850,000 in microalgae research in New Zealand

In New Zealand, the Finnish oil company Neste Oil will invest $850,000 in microalgae research conducted at the Massey School of Engineering, north of Wellington. Massey researchers led by Professor Yusef Christi have produced algal oil from marine microalgae in tubular photo bioreactors. The university confirmed that it has developed harvest and oil extraction processes but did not disclose the production price of its oil.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Neste, St1 target enhanced fuels for cars after success with NExBTL renewable diesel

In Finland, Neste Oil and St1 have commenced a collaborative effort to develop high-efficiency biofuels for cars, after a successful project to optimize diesel fuels that resulted in the introduction ...

Neste to launch Green Diesel in Finland; hydrogen and vegetable oil blend boosts biofuel content, lowers engine risk

In Finland, Neste said that it will launch "Neste Green Diesel” line of hydrotreated vegetable oils and said that the fuel will be suitable for all diesel vehicles despite a biofuel content of m...

Air New Zealand delays biodiesel test flight after plane crash

In New Zealand, Air New Zealand delayed its historic biodiesel test flight scheduled for tomorrow (December 3), after the crash of an Airbus A320 of the coast of France on a training flight. The plane...

Neste Oil to commence construction of 200 Mgy biodiesel plant in Singapore next month

In Singapore, Neste Oil announced that it will commence construction on March 6th on the company's largest biodiesel plant, a 200 Mgy plant that will cost $700 million to develop and will be operation...

Air New Zealand confirms for next week’s historic biofuels 747 test

In New Zealand, Air New Zealand confirmed that arrangements were complete for the December 3rd biodiesel-powered 747 test flight. The engine is believed to be using palm oil, and one engine will have ...

5 Mgy tallow biodiesel plant announced for New Zealand

In New Zealand, Ecodiesel announced a commercial-scale tallow-based biodiesel plant. The 5 Mgy plant will will commence operation in 2008 and will increase production to 10 Mgy in 2009. New Zealand pr...