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Algae Tec Ltd Announces Biofuels Refinery Deal With Biodiesel Industries Australia For 50 Million Litres


Sunday, 7 Jul 2013 08:53pm EDT 

Algae Tec Ltd announced that it has tapped one of the biofuel refineries, Biodiesel Industries Australia (BIA), to refine algal oil from its carbon capture and biofuels production facility alongside a 2640MW coal-fired power station near Sydney. The oil, to be produced from the Algae.Tec facility planned for 2014 at Macquarie Generation’s Bayswater coal-fired power station in the Hunter Valley NSW, will be refined by BIA then used locally by mining and industry in the Hunter region. 

Company Quote

0.095
-0.0030 -3.06%
30 Jul 2014