OriginOil partners with Desmet Ballestra

By Anna Austin | April 15, 2009
Algal oil extraction company OriginOil Inc. reported it has partnered with Belgium-based oil and fats technology developer Desmet Ballestra, in order to create a more cost-efficient algae oil extraction system

OriginOil CEO and President Riggs Eckelberry announced the partnership during a speaking engagement at the National Algae Association's fifth quarterly meeting, at which he discussed potential gains from OriginOil's technology breakthrough. Eckelberry's presentation from the conference can be found on the OriginOil Web site.

Eckelberry said that like most current algae oil extraction systems on the market, the Desmet systems are quite expensive, but in early studies when implemented with OriginOil's system, the companies have estimated that energy efficiency gains may reach 90 percent in certain configurations.

Recently, OriginOil announced it is making progress towards reducing the cost of harvesting algae and extracting the oil in a rapid, one-step process utilizing an ultrasound-based Quantum Fracturing process with pH modification and electromagnetism. (Read: OriginOil achieves rapid algae oil extraction.)
Desmet Ballestra North America President and CEO Timothy Kemper said the companies expect to announce further industry-impacting details in the months to come.
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