21 June 2011 14:19 [Source: ICIS news]
LONDON (ICIS)--Aurora Algae plans a commercial-scale photosynthetic algae facility at ?xml:namespace>
The facility will “manufacture thousands of tonnes of algae-based biomass” annually for use in nutraceutical, pharmaceutical, aquaculture and renewable energy markets, the company said.
Aurora Algae said it has appointed two engineering companies to design and build the project, which will be the first of its kind in the world.
Financial details and an expected start-up date have yet to be disclosed.
The Australian government supports the project under its “Major Project Facilitation” (MPF) programme, the company added.
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