Australian biofuel company in Sri Lanka

Australian biofuel producer Algae. Tec has signed a collaboration contract with building materials company Holcim Lanka to build an algae biofuels production facility in Sri Lanka.

The facility will initially comprise a production plant of five photo-bioreactor modules that Holcim Lanka will use to determine whether to go ahead with a larger facility.

It is expected that the Algae. Tec technology could be rolled out at other sites. According to Algae.Tec, Holcim Lanka was attracted to the collaboration as a way of reducing its carbon footprint and generating valuable biofuel at below market cost.

-Ecogeneration