Jul 30 2010
Rosetta Green, a company focused in the detection of unique genes in plants and algae, to be used in plant biotech and cleantech industries, and Seambiotic, a company keen on the large scale growth of algae have signed a partnership agreement, for advancement and testing superior type of algal strains, for application in the biofuel industry.
In accordance with the signed agreement, Rosetta Green will be accountable for refining the requisite strains and Seambiotic will take charge of cultivating algae in large scale for use in biofuel production. During the initial stage both the companies have decided to focus on augmenting the oil content of the algae and producing strains that can endure contamination effectively.
Algae are the most capable feedstock for protracted biofuel production as they do not entail land or drinkable water for growth and record a higher efficiency than corn and soybean.
Rosetta Green is planning to use its strength in the classification of unique genes that run as key control bio-switches to produce algal strains with enhanced traits for biofuel production. Seambiotic is focused on large scale algal nurturing, utilizing flue gas from power stations to expedite the growth. The companies have organized a joint steering committee to administer the operations, which is likely to last for about two years, and during this period, the companies are looking forward to the expansion of facilities for commercial production of biofuel from algae.
Globally, numerous companies are engaged in developing a technology for economical biofuel from algae. The unique partnership of Rosetta Green and Seambiotic combines their distinct capabilities in growth of algal, development and advanced biotechnology.
Source: http://www.rosettagreen.com