OriginOil Execs Unveil New Algae Productivity Model at National Algae Association’s Quarterly Conference
… “We knew that the first company to actually come out and openly document the real productivity picture would face a tough challenge,” said Barry Cohen, executive director of the National Algae Association. “OriginOil did it and now we have the beginning of an industry model.”
Key contributors included the Idaho National Lab (INL) of the Department of Energy, which helped develop the energy and mass balance model as part of its collaborative research agreement with OriginOil; leading multinational oil and fats producer Desmet Ballestra, for capital costs and materials pricing; and principals of Orineo Renewables, for guidance on pricing and value-add product strategy.
At the end of the presentation, CEO Eckelberry outlined plans to share this first-ever interactive model for algae production through a process of publishing various calculators on the company’s website and also making the detailed model available to researchers. READ MORE
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