Biocatalysis
Information and Commentary About Biofuels and Biotechnology
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A Serious New Player in Algae
Jul 19Exxon Mobil, which has avoided the biofuels frenzy so far, has finally made its entrance, and it is a grand one. The oil giant has announced a $300 million investment to develop algae as a producer of hydrocarbons, which could then be processed in existing refineries. Exxon Mobil’s partner is notable as well–Craig Venter’s Synthetic Genomics. If all goes well, Venter’s company will engineer carbon dioxide-utilizing algae to produce and–the key step–then secrete the hydrocarbons to eliminate the need for isolating and breaking the cells. It is an ambitious goal, and if successful, a commercial home run.
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