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

Green Car Congress

JANUARY 18, 2012

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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Sri Lanka China Transportation Carbon 210
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Satellite altimeter data study finds global ship traffic up 4x over past 20 years

Green Car Congress

NOVEMBER 17, 2014

Ships powered by fossil fuels dump oil, fuel and waste into the water and pump exhaust into the air. In the Indian Ocean, where the world’s busiest shipping lanes are located, ship traffic grew by more than 300% over the 20-year period, according to the research.

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Sri Lanka Global Somalia Pollution 225
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