Visit  cricatalyst.com!Nexus — Leaders in Greenhouse Systems Integration Check out more of The Buzz

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
Oregon State University researchers are combining diatoms, a type of single-celled photosynthetic algae, with nanoparticles to create a sensor capable of detecting minisc...
Chase Ezell writes in Earth911.com about the irony of Algenol’s biggest friction source on the way to marketing their carbon reducing algal-based ethanol being — the EPA ...
Portuguese cement facility, Secil, and microalgae biotechnology company, A4F, also based in Portugal, have formed AlgaFarm, a joint venture to develop the use of cement f...
Arizona is taking advantage of its open land and ample sunshine to assume a leadership position in the algae biofuel field. The state is home to two national algae testbe...
With their new CO₂ processing-platform called AstaCos, AlgaeBiotech can produce waxy particles of only 50-100 µm in size with a loading of 25% astaxanthin oleoresin. The ...
On September 25, 2014, a photobioreactor for the cultivation of algae was officially unveiled during a seminar at Thomas More University College in Mechelen, Belgium. Und...
Most Americans get plenty of protein, primarily from animal products including meat, eggs and milk. But for many, ensuring a healthy protein intake can be challenging. In...
Cyanobacteria, also known as blue-green algae because of their color, have endured for more than 2.5 billion years, providing ample time to adapt to changes in the Earth'...
Allan Koay writes in thestar.com about a Universiti Malaya research project paving the way for the commercial production of paper pulp and bioethanol from seaweed. The Al...
Kevin Quon writes in Seeking Alpha about the financial plights and pivots of Solazyme, the algae industry’s most high profile recent IPO. In a year that started with a sh...
Much of the development of the algae industry in 2014 was driven by domestic and international alliances, partnerships, and mergers that brought complementary skills and ...
Fort Myers, FL-based Algenol has announced that the U.S. Environmental Protection Agency (EPA) has approved fuels made from Algenol’s process as an advanced biofuel, meet...
Fort Myers, FL-based Algenol, and India's Reliance Industries Ltd., have deployed India’s first Algenol algae production platform. The demonstration module is located nea...
Researchers Greg O’Neil of Western Washington University and Chris Reddy of Woods Hole Oceanographic Institution (WHOI), have exploited an unusual and untapped class of c...
Using a malaria parasite protein produced from algae, paired with an immune-boosting cocktail suitable for use in humans, researchers at UC San Diego School of Medicine g...