[ad#The Buzz Sponsor Ad]

Further Update on S4CO2/BARD Algae Development JV

September 11, 2012
AlgaeIndustryMagazine.com

Solutions4CO2 Inc. of Toronto, Ontario, Canada, has issued what they say is a final update to its August 21, 2012, announcement regarding its joint venture and design-build-maintenance agreements with BARD Holding, Inc.

Following detailed discussions with BARD and its advisors regarding BARD’s proposed restructuring plan, S4CO2 has determined that it is very unlikely that BARD is currently in a position to meet their contractual obligations under the Agreements. As a result, S4CO2 is reviewing its legal options at this time.

S4CO2 continues to advance discussions with multiple potential partners in line with its strategy to pursue design-build-maintenance and joint venture opportunities in Canada and the U.S. in the areas of bio gas separation and utilization of CO2, supercritical CO2 extraction and the processing of waste streams including CO2, wastewater and organic waste into high value added co-products.

More Buzz…

HOME Algae Industry Jobs

Copyright ©2010-2012 AlgaeIndustryMagazine.com. All rights reserved. Permission granted to reprint this article in its entirety. Must include copyright statement and live hyperlinks. Contact editorial@algaeindustrymagazine.com. A.I.M. accepts unsolicited manuscripts for consideration, and takes no responsibility for the validity of claims made in submitted editorial.

From The A.I.M. Archives

— Refresh Page for More Choices
U.S. farmers and biofuels makers are watching for the Environmental Protection Agency’s (EPA’s) final decision on the 2014 Renewable Fuel Standard rules, which will set t...
Algix, parent company of Solaplast, will be inaugurating their algae-to-plastic facility in Meridian, Mississippi, on November 14, 2014. Solaplast's facility will be focu...
Solazyme has announced that total revenue for the fourth quarter of 2014 was $14.5 million, compared with $11.3 million in the fourth quarter of 2013, an increase of 29%....
Sebastian Rich reports on PBS Newshour about the Central African Republic city of Bangui, which has been caught in the crossfire between warring Muslim and Christian grou...
Murdoch University researchers are investigating whether the effluent from piggeries can be effectively treated with micro- and macroalgae so that species of the organism...
The Biotechnology Industry Organization (BIO) has named Solazyme CEO and co-founder Jonathan S. Wolfson as the recipient of its 2015 George Washington Carver Award for in...
The demand for spirulina as a natural food colorant is robust in the North America food processing industry, according to a new study by market intelligence firm Future M...
Glass tubing manufacturer SCHOTT, and Algatechnologies Ltd. (Algatech), a commercial algae producer and one of the largest manufacturers of natural astaxanthin, have part...
Students of algal research, including it's various applications and business models, have increasing opportunities to get quickly up to speed in many aspects of the rapid...
John Wiegand writes for MiBiz.com that, as the craft brewing industry matures, many West Michigan producers have started seeking out technology that provides sustainable ...
A Memorandum of Agreement has been signed by Aerospace Malaysia Innovation Centre (AMIC), Airbus Group, University of Malaya, University Malaysia Terengganu, The Universi...
The Consortium for Algal Biofuel Commercialization (CAB-Comm), led by the University of California, San Diego, has just released its final report, detailing the many acco...