Seattle, WA-based Inventure Chemical has entered into a joint venture with Tel Aviv, Israel-based Seambiotic Ltd. to construct a pilot commercial biofuel plant in Israel that will use algae grown with CO2 from flue gas as feedstock.
The plant will utilize high-yield oil-rich algae strains that Seambiotic has developed and grown in its open pond system coupled with Inventure’s patent-pending conversion processes to produce ethanol, biodiesel and other value-added chemicals.
We reviewed many potential processes for converting our algae strains to biofuel. In numerous tests we’ve conducted with Inventure at their Seattle plant, we’ve been consistently pleased with the quality of the biofuel resulting from their process. Inventure’s technology will enable us to maximize the biofuel yield from our algae.—Prof. Ami Ben-Amotz, chief scientific adviser to Seambiotic
Seambiotic was founded in 2003 to grow and process marine microalgae. For the last five years, the company has carried out an extensive R&D pilot study at the Israeli Electric Corporation’s power station near the city Ashkelon, Israel.
The pilot has developed methods for cultivation of various species of marine microalgae using the power station’s CO2 flue gas emissions which pass through pipelines directly to Seambiotic’s open ponds. The pilot plant has yielded a concentration of algae containing a high percentage of lipids and carbohydrates in a very short term, promoting the production of bio-fuel.
Inventure Chemical was formed to develop and commercialize feedstock conversion technologies for biofuel producers. The company is applying its processes to a variety of second-generation feedstocks, including algae and various cellulosic materials, to create biodiesel and ethanol.
Inventure is in the final stages of closing its second round of private financing.