Game-Changing Technology and Biofuels 2.0From: Riggs Eckelberry Los Angeles, June 20, 2011 From: Riggs Eckelberry Los Angeles, June 20, 2011
New video: on his recent visit to our labs, MBD Energy’s Technical Director, Larry Sirmans, talks about his company’s experience with OriginOil:
“…OriginOil have a low-cost harvesting system that we can actually harvest algae, concentrate it, thicken it, regardless of the density that it’s growing.
“To me that was just, literally, game-changing.”
Larry also talks about his company’s plans to expand to 80 hectares of production, all fed by CO2 from Australia’s coal-burning power stations.
Also in the video: more details of our new large-scale order from MBD Energy from our own Scott Fraser, speaking at a recent National Algae Association event.
We are working at full speed to meet the high expectations of MBD Energy and our other partners. Much more to come!
Algae and Biofuels 2.0
Using food for fuels ain’t right, and it is why Biofuels 1.0 (corn-based ethanol and soy-based diesel), is now giving way to Biofuels 2.0.
“…unlike ethanol and biodiesel, these new biofuels are distillates or ‘drop-in’ fuels meaning they can be blended and are compatible with petroleum’s infrastructure of refineries, pipelines, and storage.”
That’s John Gardner, in his excellent article at Xconomy.
Biofuels 2.0 includes a number of new fuels such as switchgrass and tallow. Of all these, only algae is practically limitless.
With nuclear in deep trouble and petroleum coming from increasingly inefficient sources, we must have a limitless fuel source, and algae holds the best promise.
As you can see from our latest video, we are closely involved in fulfilling that promise.
Have a great week!
Riggs and team
President & CEO
OriginOil, Inc. (OOIL)
OriginOil’s Presentation at the 3rd Algae World Summit: (download)
Safe Harbor Statement:
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this update, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
Return to CEO's Updates»