Holcim Lanka's algae biofuel plant will be fitted with five bioreactors
Algae.Tec, a company dedicated to the production of renewable oils from algae, has been awarded a contract to build its algae biofuels production facility in Sri Lanka.
The plant is being constructed for cement and building company Holcim Lanka and is Algae.Tec's first plant to be built in Asia.
Holcim is investing in the plant to reduce its carbon footprint by channelling waste carbon dioxide into the algae growth system. The algae will then be used to produce low-cost biofuel.
The biofuel production facility will start off with five photo-bioreactor modules but this could be expanded to a much larger facility should Holcim decide the facility is beneficial. The company could also deploy the technology at more of its sites.
'The Algae.Tec facility is designed to reduce the cement manufacturing carbon dioxide emissions with an off-take intro the algae growth system,' says CEO of Holcim Lanka, Stefan Huber.
The Algae.Tec solution is less than one tenth the land footprint of pond growth options and its enclosed module system is designed to produce algae biomass in a range of environments.
The solution from Algae.Tec has many advantages for carbon emitting companies and industries seeking carbon dioxide reduction technologies.
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