The Buzz

XL Renewables Transitions to Phyco BioSciences

May 12, 2010, by David Schwartz
AlgaeIndustryMagazine.com

XL Renewables, Inc., as part of it’s marketing strategy, has formed Phyco BioSciences, Inc. to commercialize algae biomass as a food and industrial crop. Phyco is apartmentdelsol.com currently developing a commercial production facility near Phoenix, Arizona to meet customer demand. Beginning in 2011, Phyco plans to work with qualified contract producers by providing them a production and harvest platform with algae cultivars in return for a commitment to processing and marketing services.

“We have buyers ready for the delivery of product and the need to scale production,” said Ben Cloud, President of Phyco BioSciences, Inc. “The advances in cultural systems and algae cultivar development provide a significant reduction in production costs that open some very attractive markets now. Phyco has developed a functional production, processing and marketing structure geared to attract capital for expansion and development of new markets for algae biomass, and which are designed to limit the inherent risks of crop production while creating market efficiency and scalability.”

According to http://gb2gm.org/viva-viagra Phyco, biofuel is currently the lowest value opportunity for algae biomass and grizzliesracing.com still requires further research and development to become commercially viable. Current demand for higher value algae components provide an opportunity to establish a viable algae biomass industry regardless of further biofuel advances. However, Phyco expects biofuels will become a solid market opportunity in the future. —A.I.M.

For further information on Phyco BioSciences, contact: Michael McCloud, Phyco Business Development, 480-227-2887 or mmcloud@phycobiosciences.com

Copyright ©2010 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.

FREE Algae News & Updates

Sign up to receive breaking A.I.M. updates!

From The A.I.M. Archives

— Refresh Page for More Choices
West Chester, Pennsylvania-based International Sustainability Group, Inc., an innovative green technology and sustainable manufacturing company, has entered the algae mar...
In an age where customer input is as easy as a click, OriginOil has tapped directly into its intended market to R&D their next generation algae harvester -- with a de...
Designboom.com is showcasing the “Spirulina Fountain” designed by bureau A. The installation constitutes a hybrid, fusing the production basins of the intense blue-green ...
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...
Kailua Kona, Hawaii-based Cyanotech has announced financial results for the third quarter and first nine months of fiscal year 2015, ended December 31, 2014. For the thir...
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...
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%....
Don Willmott writes in Huffington Post about Nevada-based Algae Systems, which has built a test plant on Alabama's Mobile Bay to not only turn algae into diesel fuel but ...
As of March 1, 2015, bbi-biotech GmbH, of Berlin, Germany, has begun integrating IGV Biotech GmbH’s photobioreactors into its own life science product portfolio. A former...
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...
Brian Krassenstein, writing in 3Dprint.com, goes deeper into the recent paper in Engineering in Life Sciences journal discussing the impact 3D bioprinting will have in th...