Algae Potential
New Zealand-based algae technology developer Aquaflow Bionomic Corp. is collaborating with Texas-based CRI Catalyst Co. to further develop a process that can potentially convert algae and other feedstocks into renewable fuels. The cooperative agreement between Aquaflow and CRI Catalyst will allow both companies to further refine an integrated hydropyrolysis and hydroconversion process known as IH2. Aquaflow director Nick Gerritsen said the two companies will focus on constructing a demonstration facility that will put the IH2 technology and the work of Aquaflow to the test. Although Gerritsen said the company can not disclose the top possible sites yet, however he said the company does have a number of sites indentified. “It is clear that there is significant opportunity for Aquaflow in the U.S.,” he said.