February 01, 2012

BioProcess Algae and Green Plains Renewable Energy Break Ground on Five Acre Production Facility

BioProcess Algae LLC and Green Plains Renewable Energy, Inc. announced that they will start construction of BioProcess Algae's five acre production facility at Green Plains' ethanol plant in Shenandoah, Iowa. The project will be comprised of a combination of at scale Grower Harvester bioreactors and a plant to further dewater and process the algae into finished product. The horizontal reactors have been successfully running outdoors since the fall of 2011 and this marks the next step in the project to commercialize algae focused on markets for animal feed, fuel, omega-3 products and high-value nutraceuticals.

"After a successful rollout of the horizontal reactors at full commercial scale, we are eager to move forward with this project producing meaningful quantities of dried wholesale algae for use in products now," said Todd Becker, President and Chief Executive Officer of Green Plains. "This new phase will mark the successful transition to a larger footprint located adjacent to our Shenandoah, Iowa ethanol plant which will provide the basic inputs the bioreactors need: carbon dioxide, warm water and heat."

"Our technology has successfully brought algae directly into the sunlight using limited inputs while increasing growth rates," says Tim Burns, Chief Executive Officer of BioProcess Algae. "We continue to work with potential strategic customers including major food, animal feed, energy and pharmaceutical companies around the world," continued Burns. "Often times, this is the first access they have had to larger quantities of wholesale algae. Our goal is to produce algae in a cost effective manner that can be used as the customer sees fit."

BioProcess Algae Grower Harvester bioreactors located in Shenandoah, Iowa have been continually running since their Phase I launch in October 2009.

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