NZ's Aquaflow teams with CRI for drop in fuels, talks IPO

In New Zealand, Aquaflow has teamed with Texas-based CRI Catalyst to test Aquaflow’s technology to produce fuels from algae and other sources such as timber with CRI’s integrated hydropyrolysis and hydroconversion (IH2) technology that it has the global rights to. Together they may build a demonstration plant, most likely sited in the US, likely producing 100 tons of fuel per day.

There is talk to soon list the company on the New Zealand stock exchange as well.