Algae Biomass Organization Congratulates Algenol for Partnership to Commercially Distribute First Algae-Based Ethanol
Beginning of a new era for sustainable biofuels made from algae
WASHINGTON, DC (September 14, 2015) The Algae Biomass Organization, the trade association for the algae industry, congratulated Algenol Biotech LLC for its partnership with Protec Fuel Management LLC to market and distribute algae-derived ethanol from Algenol’s commercial demonstration facility in Fort Myers, Florida. The E15 and E85 fuels would be the first commercial sales of algae-derived ethanol at retail stations for general public consumption.
“Algenol’s partnership is a milestone for the algae industry and for consumers who want domestically-produced, low-carbon fuels made from algae,” said Matt Carr, executive director of the Algae Biomass Organization. “The commercial availability of algae-based fuels is a huge step for our economic and energy security, and we congratulate Algenol and Protec for making it happen.”
The partnership will initially focus on distribution in Florida as Algenol’s 18 million gallons per year commercial plant is developed in 2016 and 2017. More information about the agreement and Algenol’s unique technology is available in the company’s press release.
Algenol is one of the companies leading the algae industry that will be featured at this year’s Algae Biomass Summit in Washington, DC, September 29-October 2. More information about the Summit can be found at www.algaebiomasssummit.org.
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.