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Algae.Tec to form JV in China for algae for renewable transportation fuels and carbon capture facility; raising A$5M

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The facility will be purely focused on algae for the production of transport fuels. Last month Algae.Tec signed a biofuels MOU with the European airline Lufthansa, and announced a biofuels production and carbon capture deal with the Sri Lanka subsidiary of industrial giant Holcim, the world’s largest cement and building materials company.

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Axial Vector and Kirloskar Oil Engines Forming JV for Mass Production of Axial-Type Engines

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Axial Vector Energy Corporation (AVEC) and Kirloskar Oil Engines (KOEL) have signed a binding memorandum of understanding (MOU) for a joint venture for the mass production of the Axial Vector axial-type, multi-fuel engines ( earlier post ). Rahul Kirloskar, Director, Kirloskar Oil Engines Limited. Source: AVEC. Click to enlarge.

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