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Aquaflow plays its bargaining chips smartly
Aquaflow plays its bargaining chips smartly
(sticK - 3 May 2012 ) One of the more interesting aspects of Aquaflow Bionomic Corporation’s deal with CRI Catalyst Company of the USA, is having bargaining chips or cards in your hand.
Last September Marlborough-based Aquaflow announced a partnership of its wild-algae biofuel generating technology project with Texas’ CRI.
The wild algae has a dual ability to clean water and produce a ‘green crude’ (like black but without the millions of years of heat and pressure). CRI has a catalyst and process to convert this green crude into hydrocarbon fuels and blend stocks in typically a few hours.
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
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