Algae.Tec, Lufthansa agree to build biofuel production facility in Europe

  • 09-Oct-2012 05:05 EDT
main-facility.jpg

Algae.Tec’s Shoalhaven One algae production facility in Bomaderry, New South Wales, Australia, is shown.

Algae.Tec and Lufthansa signed a collaboration agreement for the construction of a large-scale algae-to-aviation biofuels production facility. The site will be in Europe adjacent to an industrial CO2 source. Lufthansa will arrange 100% funding for the project. Algae.Tec will receive license fees and profits from the project, which will be managed by Algae.Tec. As part of the agreement, Lufthansa commits to a long-term offtake agreement of at least 50% of the crude oil produced at an agreed price. The agreement forms the base for a long-term cooperation between Algae.Tec and Lufthansa for the industrial production of crude algae suitable for conversion into aviation kerosene and conventional diesel fuels.

Share
HTML for Linking to Page
Page URL
Grade
Rate It
4.00 Avg. Rating

Read More Articles On

2016-08-23
After many years of flat-lining in the supply of new commercial jet engines—with improved models, but with designs dating back to the late 1990s, relying on a continuous path of evolutionary development—a new generation of super-efficient powerplants is entering service, introducing many technologies that will also be applied to future engines.
2016-12-05
SAE International is working with the joint-venture initiative looking to deploy a high-powered DC fast-charging network for battery electric vehicles (BEVs) covering long-distance travel routes in Europe.
2016-12-21
Fuel efficiency—and the economic and ecological benefits associated with it—continues to be the white rabbit of the global aviation industry. While engine builders look toward composites and electrification, and airframe designers toward lightweighting and aerodynamics, engineers at NASA’s Glenn Research Center recently completed testing of a novel concept: the boundary layer ingesting propulsor.
2017-02-21
S.S. White Technologies is supplying flexible rotary shafts for the Honeywell Aerospace Air Turbine Starter on the next-gen GE Aviation GE9X high-bypass turbofan engines.

Related Items

Standard
1991-05-23
Technical Paper / Journal Article
2010-10-25
Training / Education
2013-02-20
Technical Paper / Journal Article
2010-10-19
Training / Education
2013-04-09
Training / Education
2013-04-09
Technical Paper / Journal Article
2010-10-19