Green Car Congress  
Go to GCC Discussions forum About GCC Contact  RSS Subscribe Twitter headlines

« RUB researchers elucidate metabolic pathway for algal hydrogen production in the dark | Main | Toyota Racing reveals updated TS030 Hybrid for 2013 »

Print this post

OriginOil strengthens focus on frack water cleanup; launches licensing group to accelerate commercialization in secondary markets

19 February 2013

Algal technology company OriginOil, Inc. has launched a separate licensing group to address the growing number of potential commercial applications for its Solids out of Solution technology outside the oil and gas industry. By licensing these secondary market opportunities, the company intends to sharpen its focus on the commercial deployment of its frack water cleanup system, CLEAN-FRAC, for oil and gas production. (Earlier post.)

e are achieving substantial traction among algae producers looking to partner and commercialize OriginOil’s algae harvesting technology. At the same time, we are rapidly identifying new applications like aquaculture. We are extremely motivated by these opportunities but also cautious of diluting our commercial efforts within the oil and gas sector. Cleaning up frack and produced water is proving to be the largest, most compelling market opportunity.

—Riggs Eckelberry, OriginOil CEO

Alex Leshnick, currently OriginOil’s Director of Operations, will head the new Licensing Group as its General Manager, with Profit and Loss (P&L) responsibility.

OriginOil developed an energy production process for harvesting algae and cleaning up oil & gas water. Operating at the first stage of extraction, this high-speed and chemical-free process can be embedded in other systems to improve performance. Originally invented to solve the biggest problem in algae production, it is now finding demand in oil and gas fracking and production water cleanup.

February 19, 2013 in Brief | Permalink | Comments (0) | TrackBack (0)

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c4fbe53ef017ee89a27e6970d

Listed below are links to weblogs that reference OriginOil strengthens focus on frack water cleanup; launches licensing group to accelerate commercialization in secondary markets:

Comments

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Green Car Congress © 2014 BioAge Group, LLC. All Rights Reserved. | Home | BioAge Group