Algae for fuel

• “There is no other resource that comes even close in magnitude to the potential for making oil,” John Sheehan, energy analyst with NREL
• Algae oil produces all transportation fuels, even jet fuels, and blends with existing infrastructure’s
• Biodiesel and ethanol fromalgae oil have been extracted with many conventional method’s
• Advancements in biofuel extraction is growing expediently to allow lower cost’s
• Algae is carbon neutral and supplements the need for all petroleum based products

Algae for plastics

• Glycerol, a byproduct of biodiesel, is used in a multitude of markets including plastics
• Algae oil creates a better bioplastic which is much more eco-friendly than plastic
• Bioplastics market reaching over US$1 billion in 2007 and will be worth over US$10 billion by 2020
• Bioplastic has a 12% market share and expected to rise around 30% by 2020
• Different strains have been identified that contain higher PHA’s which produce more bioplastic
   

Algae for feedstock

• Algae creates astaxanthin which sell’s between $2,000-$7,000 a kilo depending on purity
• Astaxanthin used in marine feed accounts for 15% of total feed cost
• World astaxanthin market for fish food stands poised to reach US$220 million by the year 2010
• Fish consumption will rise from 62.7 million metric tons to 98.6 million tons by 2020
• Livestock and poultry provide a large market but lack new resources to satisfy increasing demand
• Astaxanthin for feedstock is crucial at the same time being invaulable for human consumption

Algae for nutriton

• Different alga strains are being used for dietary consumption and researched for cancer
• Spirulina, Chlorella and Astaxanthin sales are estimated at $106 billion
• The current marketfor human consumption is estimated at $77 billion
• Annual growth rate is around 6% with the fatty acid market growing the fastest around 16%
• Numerous published studies prove astaxanthin has significant pharmaceutical applications