Monday, May 16, 2011

US$5.5 Million to develop new Algae-Based feeds

Kona-based Cellana LLC, a leading developer of algae-based biofuels and bioproducts, has received a three-year US$5.5 million (€3.896 million) grant to develop a protein supplement from algae as a byproduct of algal biofuels production and to demonstrate its nutritional and economic value in livestock feeds.

Funding is provided through the US Department of Agriculture (USDA)'s National Institute of Food and Agriculture (NIFA) and the US Department of Energy (DOE)'s Biomass Program through the Biomass Research and Development Initiative and will help increase the availability of alternative renewable fuels and biobased products to diversify the nation's energy resources. The award was made through a competitive selection process. Read more ...

This blog is written by Martin Little, The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers

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