Loxley, Bangchak Petroleum, Ratchaburi Electricity launch algae-based biofuels project

In Thailand, Loxley announced a  memorandum of understanding with Bangchak Petroleum Plc, Ratchaburi Electricity Generating Holding and the Department of Alternative Energy Development and Efficiency, for a $1.9 million algal biofuels pilot plant. Construction of the pilot, which is planned for the Ratchaburi Electricity Generating plant in Ratchaburi province, will commence in late 2012. MBD Energy has been selected to supply the algal harvest, wastewater treatment, harvesting and extraction systems, and Loxley indicated that a $25 million project for a commercial-scale facility could begin as soon as 2014.