Thai Company Partners with Australian Scientists to Develop Algae-based Biofuel
July 10, 2013News article: http://www.biofuelsdigest.com/bdigest/2013/07/08/thailands-ptt-teams-with-australian-researchers-on-algae-biodiesel/
| |
Thailand's PTT has teamed with Australia's Commonwealth Scientific and Industrial Research Organisation (CSIRO) as part of its plan to develop an algae oil extraction project and to introduce algae-based biodiesel into the market by 2017.
PTT has anticipated that it could transfer knowledge and expertise about algae-based bio-production from the Australia's lead science agency to the firm's research centre and use these to harness some potential strains of freshwater algae for local use. The company might also set up a production base for algal biofuel in Australia to attract investors, given its geographical advantages for algae cultivation.
PTT said that commercialization of algae-based fuel would help maintain national energy security by reducing reliance on fossil fuels. It could also replace the widely used palm biodiesel and sugarcane ethanol to reduce competition with food crops. However, economic viability of algae biofuel production remains a challenge. Currently the research and development of fuel extracted from marine algae costs about three to four times as much as palm-oil-based biodiesel.
| |
Biotech Updates is a weekly newsletter of ISAAA, a not-for-profit organization. It is distributed for free to over 22,000 subscribers worldwide to inform them about the key developments in biosciences, especially in biotechnology. Your support will help us in our mission to feed the world with knowledge. You can help by donating as little as $10.
-
See more articles:
-
News from Around the World
- 2013 Global Food Security Index Shows Resilience in the Face of Challenges
- Scientists Compare Genomes of Wild and Domestic Tomato
- Africabio CEO Says GM Foods in South Africa is Safe
- International Leaders Attend High Level Meeting for Africa's Sustainable Agriculture
- Gates Foundation to Build Biotech Lab in Nigeria
- Geneticist Urges Mining the World's Seed Banks to Feed Tomorrow's Population
- Roger Beachy: "I Got into Biotech Because I Wanted to Reduce the Use of Pesticides"
- ICRISAT Releases Iron-biofortified Pearl Millet
- Bosan: GM Crops Answer to Food Insecurity
- APEC Seeks to Widen Use of Agri-biotech for Food Security
- Lee Foundation Funds Breeding of New Rice Scientists
- Scientists to Develop Drought Tolerant Potatoes for Central Asia
- New Study Provides Insights for Further Understanding of Plant's Metabolic Control
- Scientists Discover Gene Controlling Multi-Herbicide Resistance
- UK to Build World's First 'Library' of Potato Mutants
- Researchers Identify Fungus' Mechanism to Hinder Plant Defense
- Sustainable Intensification to Help Increase Food Production
-
Research Highlights
- Scientists Conduct Multigene Engineering to Improve Maize Starch
-
Beyond Crop Biotech
- Researchers Discover Second Molecular Door for Insecticide in Mosquitoes
-
Announcements
- REDBIO Argentina 2013
-
Read the latest: - Biotech Updates (April 30, 2025)
- Gene Editing Supplement (April 30, 2025)
- Gene Drive Supplement (February 22, 2023)
-
Subscribe to BU: - Share
- Tweet