Algae Biomass Organization Welcomes Algae Systems and HY-TEK Bio as New Members
WASHINGTON, DC (April 20, 2015) The Algae Biomass Organization (ABO), the trade association for the algae industry, today announced Algae Systems, a company conducting energy positive wastewater treatment coupled with carbon-negative fuel production, as its newest Gold-level member, and HY-TEK Bio, a global leader in reducing greenhouse gas emissions with algae, as its newest Corporate-level member. Algae Systems and HY-TEK Bio join the growing ranks of companies and organizations that are working with ABO to develop algae into a source of sustainable fuels, chemicals, feeds, nutraceuticals and other products.
With operations in Alabama, California and New York, Algae Systems’ technology captures what others discard – untreated wastewater and atmospheric CO2 – and produces renewable fuels and fertilizers, leaving behind only clean water for reuse. Their wastewater treatment process is powered by photosynthesis, lowering the cost per gallon of wastewater treated by alternative technologies. At the same time, the fuel that is produced by the company’s process is both carbon-negative and cost-competitive with fossil fuels.
Maryland-based HY-TEK Bio is an emerging global leader in reducing greenhouse gas (GHG) emissions and cultivating algae to produce high value products. HY-TEK Bio’s technology uses a unique strain of algae, which utilizes unfiltered flue gas as a growth accelerant to absorb up to 100 percent of the GHG emissions produced in industrial manufacturing and power generation. HY-TEK Bio’s algae can be used to make a variety of useful products, including soaps, paint thickeners, lubricants, palm oil substitutes, lutien/zeaxanthin, carbohydrates and proteins for food supplements, biofuels and many other products.
“Algae Systems and HY-TEK Bio both take waste carbon dioxide and transform it into valuable resources, strengthening the case for deploying algae technologies in the fight against climate change,” said Matt Carr, executive director of the Algae Biomass Organization. “We welcome both of these innovative companies and look forward to working with them as we continue the push for the accelerated development of carbon utilization technologies.”
Products made from algae are the natural solution to the energy, food, economic and climate challenges facing the world today. This tiny but powerful organism has the ability to simultaneously put fuels in vehicles, reuse CO2, provide nutrition for animals and people, and create jobs for millions of Americans. More information can be found at www.allaboutalgae.com.
About the Algae Biomass Organization
The Algae Biomass Organization (ABO) is a 501 c(6) non-profit whose mission is to promote the development of viable commercial markets for renewable and sustainable commodities derived from algae. Its membership is comprised of people, companies, and organizations across the value chain. More information about ABO, including its leadership, membership, costs, benefits, and members and their affiliations, is available at the website: www.algaebiomass.org.