Biocatalysis
Information and Commentary About Biofuels and Biotechnology
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Algae Company Calls Itself a Leader As It Goes Under
Jun 4GreenFuel Technologies Corporation, which planned to convert CO2 from smokestacks into fuel using algae, announced it is closing and put its assets up for sale. This is after spending more than $70 million in venture funding. I like this lead sentence from its web site announcing the offering of assets: “After leading the algae clean tech industry for the past 8 years …“. Leading the industry where?
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