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. Following completion of the 250-module plant, the JV will seek funding to build new projects exceeding 1,000 modules and to engage with CO 2 emitters in the Greater China region. Separately, Algae.Tec Ltd. announced it is raising A$5 million (US$5.2
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