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Algae conversion partnership precursor to bigger things?
Algae conversion partnership precursor to bigger things?
By Peter Kerr for sticK
(sticK - 20 Sept 2011 ) Presumably Texas-based Shell Oil subsidiary CRI Catalyst Company has run its eye pretty carefully over the plethora of algae-oriented biofuel projects around the world. Investorshub lists over 30 on its website.
Earlier this year Shell also announced it was getting out of algae oil production.
So, the recent announcement by Marlborough-based Aquaflow Bionomic Corp. that it has signed a major agreement with CRI has to rate as somewhat of a coup.
For sticK – science, technology, innovation & commercialisation KNOWLEDGE - is a new Wellington based news service concentrating on following the money from ideas to income. Contact editor Peter Kerr at peter.kerr055 @ gmail.com
Peter Kerr
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