Aquaflow produces first green-crude samples

October 14, 2008

New Zealand-based Aquaflow Bionomic Corp. announced production of its first samples of green-crude from wild and natural algae. The company said green-crude differs slightly from first-generation biofuels because it's made solely from photosynthetic microorganisms (algae), which absorb sunlight, carbon dioxide, and nutrients found in waste streams or agricultural runoff. Aquaflow Chairman Barry Leay said the outputs from the samples are showing similar or greater potential compared with existing petroleum products.

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