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 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 Phyco, biofuel is currently the lowest value opportunity for algae biomass and 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
Alltech, the animal feed giant headquartered in Lexington, Kentucky, is continuing to expand its 15,000 ton/yr. algal DHA plant in Winchester, KY, one of only two plants ...
Peter Berlin reports for France24.com that French adventurer Raphaël Dinelli plans to fly across the Atlantic in 2015 in a plane powered only by algae and sunshine. Dinel...
OriginOil Inc. has announced a collaboration with Israel’s AquaGreen Fish Farms, Ltd. to further streamline their zero-discharge aquaculture systems for the production of...
Heliae, SCHOTT North America and Arizona State University (ASU) have announced a partnership to bring Heliae’s algae production technology to ASU’s algae testbed facility...
University of Adelaide researchers are using nanotechnology and the fossils of diatoms to develop a novel chemical-free and resistance-free way of protecting stored grain...
Biomass abounds on Earth, as forests, fields, sewage and seaweed. But only a small fraction, mostly human or agricultural waste, can be harvested without posing environme...
Technical standards define critical terms and metrics to add wisdom for the algae industry. Agreement among science and business leaders represents possibly the most diff...
Algatechnologies (“Algatech”), Israel, has announced a more than 100% expansion of its production capacity of AstaPure® brand natural astaxanthin. This doubling of capaci...
One of 12 winners of the 2014 Lexus Design Award, the Ooho algae balloon was created by three London-based designers to contribute a solution to the rising number of plas...
Algae is being discussed at the heart of EXPO Milano 2015, the international event that has existed since 1851, spawning world shaping themes and icons, such as the Eiffe...
Yereth Rosen reports in the Anchorage Daily News that scientists at North Carolina State University’s Plants for Human Health Institute have found extremely high levels o...
Algenist®, Solazyme’s anti-aging skincare brand featuring microalgae, has announced its launch in Nordstrom locations throughout the United States. The launch into Nordst...
Algal oil represents one of the significant segments within the omega-3 polyunsaturated fatty acid (PUFA) ingredients market. Specifically, docosahexaenoic acid (DHA) is ...
A new, outdoor system at the University of Dayton Research Institute has been producing a high volume of algae since its installation in the summer of 2013, even through ...
Four years after the first optimistic calculations, the experimental cultivation of algae at Wageningen University in the Netherlands appears to be meeting expectations. ...
Kazuaki Nagata reports from Japan that while the Fukushima nuclear disaster has prompted vigorous discussion about alternative energy in Japan, there is a lack of a paral...
Algae Industry Magazine is pleased to announce a new Algae 101 series by our popular blogger, Mark Edwards, Professor, Arizona State University. The Algae Solutions to Na...
A recent discovery in the multicellular green alga, Volvox carteri,has revealed the origin of male and female sexes, showing how they evolved from a more primitive mating...