PetroAlgae signs deal with Indian Oil

by Candace Lombardi PetroAlgae has signed a memorandum of understanding to license its proprietary technology for producing and harvesting algae for fuel to Indian Oil, the company announced this week. The Melbourne, Fla.-based company has developed bioreactors and harvesting methods for converting algae grown in open-pond freshwater farms into biodiesel. The first phase of its… Read More

Turning Algae Into Bioplastic Could Slash Petroleum Use by 50%

By Andrew Williams California-based company Cereplast has revealed that it is developing breakthrough technology to transform algae into bioplastics, and predicts that it could replace 50% or more of the petroleum content used in traditional plastic resins. Cereplast already makes plastic from renewable material such as corn starch, tapioca, wheat and potatoes, but is keen… Read More