November 19, 2010
Algenol Biofuels Inc. announced plans to build its pilot-scale Integrated Bio-Refinery adjacent to its recently opened laboratories in Lee County, Florida. With support from the U.S. Department of Energy (DOE), the Lee County Commission and Algenol’s strategic partners, the 36-acre facility will demonstrate Algenol’s Direct To Ethanol™ technology, which produces ethanol directly from carbon dioxide using blue-green algae. The Dow Chemical Company supports the decision to build one larger facility in Lee County, Florida. A Bio-Refinery located next to Algenol’s new state-of-the-art laboratories will have greater capabilities and be more effective and efficient.
The Lee Road Integrated Bio-Refinery facility in Fort Myers, Florida brings together Algenol’s capabilities in molecular biology, aquaculture, green chemistry, carbon capture and engineering for the development and commercialization of sustainable, low carbon-footprint technologies for biofuels and green chemical production. By building the Integrated Bio-Refinery next to these world-class laboratories, Algenol will reduce costs and accelerate commercialization of advanced, third-generation biofuels technology.
“We are quite excited to build and operate our Integrated Bio-Refinery in Lee County, and look forward to demonstrating technology that will enhance the energy security of Florida and the United States. Having our Integrated Bio-Refinery and research laboratories all on one site will facilitate collaboration among our scientists and engineers and those of our partners, The Dow Chemical Company, the National Renewable Energy Laboratory (NREL), the Georgia Institute of Technology (Georgia Tech) and Membrane Technology and Research (MTR),” said Paul Woods, Algenol’s Founder and CEO.
“The total commitment by Algenol represents at least 120 new jobs and millions of dollars of additional capital investment to Lee County. This also furthers our commitment to green energy and diversification in Southwest Florida,” said Jim Moore, Executive Director of the Fort Myers Regional Partnership, Lee County’s Economic Development Office.
See Also :
Algenol Biofuels Opens State-of-the-Art Labs in Lee County, Florida
Algenol Biofuels R&D Plant Set To Open
Algenol Partners With Valero Services, Inc.