Eco Factor: New technology to transform algae into a true competitor of petroleum.
Origin Oil has unveiled its breakthrough technology to convert algae into a true competitor of petroleum. The first-ever comprehensive algae production model was presented to industry leaders at the National Algae Association’s (NAA) quarterly conference entitled “Algae: The New Oil.”
The interactive model defines the raw material inputs, quantifies the efficiency of the production and extraction system and converts the feedstock into various fuels and co-products.
The company claims that their new technology can provide an endless supply of new oil that can be used to manufacture a variety of products such as diesel, gasoline, jet fuel, plastics and other solvents without the global warming effects of petroleum.
While other oil producing feedstock such as corn and sugarcane often destroy vital farmlands and rainforests, disrupt global food supplies and create new environmental problems, Origin Oil’s unique technology, based on algae, is targeted at fundamentally changing the source of oil without disrupting the environment or food supplies.
Images Courtesy: MarineBusinessWorld
Via: Origin Oil [Press Release]
