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. The facility will produce approximately 33 million liters of algae-derived transport oil and approximately 33,000 tonnes of biomass per annum at a combined value of more than $40 million, and capture 137,000 tonnes of waste carbon dioxide, according to Algae.Tec Executive Chairman, Roger Stroud. Algae.Tec Ltd.

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Ford 2017 trends report: disruption the status quo, “never more difficult” to find objective information

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As an introduction, Ford notes that at the cusp of what is shaping up to be one of the most—if not the most—dynamic time in the transportation business, consumers are at a crossroads. In an on-demand world, patience has become less of a virtue; there now are more ways to rationalize how we spend our time—rather than declaring it “wasted”. Sri Lanka, São Paulo and the US were devastated by floods this year.

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