Algatech and GreenFuel: Partnering For The Sake Of Algae And Fuel
Producing biodiesel from algae has been touted as the most efficient way to make biodiesel fuel. An Israeli company Algatech cultivating algae for the cosmetics and neutraceutical market is partnering with US-based GreenFuel to give biodiesel made from algae, a run for its money. According to Israel21c, the two companies will be working towards a common goal: developing cost effective, energy efficient fuel made from micro-algae feeding off of carbon dioxide emissions. ::Israel21cAlgatech says its success is based on its ability to cultivate algae efficiently in a closed system, making maximum use of the desert sun where it is grown in Israel. All media ingredients used are food grade, and no solvents, pesticides, herbicides, or toxic substances are used during the production process.
Headquartered in Cambridge, Massachusetts, GreenFuel develops algae bio-reactor systems that can convert carbon dioxide or smokestack emissions into clean, renewable bio-fuels. The company was founded by Isaac Berzin, an Israeli industrial bio-engineer principally responsible for patenting GreenFuel's approach to efficiently propagating algae on an industrial scale.
"We'll make it cost effective," GreenFuel CEO Cary Bullock told Israel21c. "In the past you couldn’t grow the algae fast enough to justify the cost of building the plant. But with growing improvements and weighing the costs of producing a refined fuel derived from putting a refinery next to a major carbon source, the benefit is dramatic. You knock out the costs of producing, importing, refining and shipping and you're simultaneously reducing the amount of CO2 in the atmosphere."