Lootah and AlgaOil to Collaborate on Algal Biofuel

October 26, 2012
AlgaeIndustryMagazine.com

Lootah Biofuels, of Dubai, and Singapore-based AlgaOil Ltd. Have announced their entry into a new joint project in which the two companies will merge their expertise to develop algal biofuels. The Memorandum of Understanding (MoU) was signed by Yousif Bin Saeed Al Lootah, CEO, Lootah Biofuels, and KlausLootah Biofuels Dieter, CEO, AlgaOil Ltd.

The agreement framework will allow Lootah Biofuels to combine its local knowledge and engineering talent with AlgaOil’s global knowledge and infrastructure for algae cultivation to produce alternative fuel production. Commenting on the partnership, Mr. Lootah said “In line with UAE’s vision for sustainable development, this project aims at developing alternate ways of extracting new raw material for biofuels. We believe that algae can be a good replacement for vegetable oil based biofuel. We are in no doubt that this partnership will take biofuel production in the region to the next level.”

“We are pleased to collaborate with a well-established partner like Lootah Biofuels to provide the future high value algae oil,” said AlgaOil’s Dieter. “Keeping in mind the extensive need for alternative fuels, we are confident that working together will bring optimal solutions to the most challenging opportunities for sustainability.”

AlgaOil will utilize its high-end research on the cultivation of microalgae and set up open ponds for bigger scale algae production. Lootah Biofuels aims to introduce and innovate sustainable solutions for the long-term energy requirements.

Lootah Biofuels will also provide this project with all the necessary local help to fast track completion of the project. Based on the success of the initial start-up, the algae oil mass production is expected to start in Dubai within the next 18 months.

More Buzz…

HOME Algae Industry Jobs

Copyright ©2010-2012 AlgaeIndustryMagazine.com. All rights reserved. Permission required 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
Montague, Prince Edward Island-based Solarvest has announced that it has used its algal-based production platform to express bioactive therapeutic proteins. The proof of ...
As one of the most water-poor countries in the world, Jordan’s current water resources are significantly below the global water scarcity line. Annual rainfall falls under...
The European (FP7) algae project Sustainable PoLymers from Algae Sugars and Hydrocarbons (SPLASH) has been developing a platform technology for the conversion of third ge...
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...
Sami Zaatari writes for the Middle East’s Gulf News that Abu Dhabi’s coastal sabkhas – the Arabic phonetic translation for salt flats – hold great potential for solar pow...
UC San Diego’s efforts to produce innovative and sustainable solutions to the world’s environmental problems have resulted in a partnership with the region’s surfing indu...
Murdoch University researchers are investigating whether the effluent from piggeries can be effectively treated with micro- and macroalgae so that species of the organism...
SciDev.Net’s South Asia desk reports that Indian scientists working on producing biofuel from algae cultured in municipal wastewater are enthused by the findings of a rec...
The vision of developing a community college degree program to train a high technology algae workforce was launched at New Mexico's Santa Fe Community College (SFCC) in 2...
Using microalgae to capture CO2 is a complex process, especially in flue gas environments, reports an editorial by IEA Clean Coal Centre in worldcoal.com. There are many ...
Earthrise Nutritionals, a wholly owned subsidiary of Tokyo, Japan’s DIC Corporation, is on schedule to complete construction in August, 2015, of a new extraction plant fo...
In Japan, the Algae Biomass Energy System Development Research Center, headed by Professor Makoto Watanabe, was established at the University of Tsukuba on July 1. The ne...
Algiran, an Iranian algal biotech company, has recently established a pilot scale algal cultivation demonstration facility at the Chabahar Free Zone, in the Baluchistan P...
Using a newly devised technique, researchers at the Scottish Association for Marine Science (SAMS) have examined microalgae strains in the Culture Collection of Algae and...
Astaxanthin has been widely used in the aquaculture industry for pigmentation of salmon, trout and shrimp; used for its antioxidant and other health benefits in the nutra...