Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Chinese company, Algenol partner on multiple biofuels projects
http://www.ethanolproducer.com/articles/12639/chinese-company-algenol-partner-on-multiple-biofuels-projectsFt. Myers, Florida -- U.S.-based Algenol will partner with South China’s Fujian Zhongyuan New Energy Co. Ltd. to develop projects throughout Southern China, utilizing carbon emissions to create renewable fuels. The goal is to provide solutions for China’s three biggest challenges: access to clean air, clean water and sustainable fuels.
Today in Seattle, Algenol’s CEO and Founder Paul Woods along with Wang Suwei, ZYNE’s Chairman of the Board, signed a memorandum of understanding establishing the partnership for this joint exploration project. Representatives from both companies attended the ceremony, along with government leaders from both the U.S. and China.
Under the framework of the U.S. - China Climate Change Working Group, there is a global effort to reduce greenhouse gas emissions. Algenol’s patented Direct to Ethanol technology process utilizes industrial CO2 emissions directly from power plants as a feedstock for proprietary algae to produce the four most important renewable transportation fuels (ethanol, gas, diesel and jet).
“We all share one atmosphere. Clean air has no borders,” said Algenol CEO Paul Woods. “We are eager to bring our technology to China because we know that our process can remove health-damaging pollution straight from its source and turn it into renewable fuel and clean water.”
(more)