Friday, July 31, 2009

Press Release: Solix Biofuels Begins Large-Scale Algal Oil Production

July 23, 2009 --

FORT COLLINS - Solix Biofuels Inc. has started algal oil production at its recently completed Coyote Gulch Demonstration Facility near Durango, the company announced on July 23.

The facility is expected to produce the equivalent of 3,000 gallons per acre per year of algal oil by late 2009, according to a company press release. It is located on two acres of land provided by Solix's partner, the Southern Ute Indian Tribe.

Solix, based in Fort Collins and created in 2006, plans large-scale commercialization of microalgae-based fuels and co-products.

"The inoculation of the Coyote Gulch Demonstration Facility marks a major milestone for the algal fuel industry," said Doug Henston, Solix CEO. "We are proud to contribute to this new era of algal fuel production, making Solix an alternative energy industry leader."

Press release courtesy of Northern Colorado Business Report.

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