Seambiotic and China Guodian utility to build $10 million commercial microalgae farm

Seambiotic, a Tel Aviv, Israel-based cleantech start-up developing and producing marine microalgae for the nutraceuticals and biofuel industries using flue gas from electric power plants, has announced that it has signed a License Agreement and a Joint Venture Agreement with affiliates of China Guodian Corporation, to establish a Chinese joint venture for the commercial cultivation of microalgae.

China Guodian is one of China’s largest power companies with over 100 power stations. The joint venture with Seambiotic will utilize Seambiotic’s innovative technology for the cultivation microalgae for use in the animal and fish foodstock and nutraceutical industries. The first commercial farm of 12 hectares is expected to cost $10 million, will be situated in Penglai, a city in Shandong Province, China.

The facility will utilize carbon dioxide emitted from the China Guodian's Penglai power station, and, according to Seambiotic, the facility will become operational during 2010. The joint venture agreements, with Yantai Hairong and Penglai Weiyuan, affiliates of China Guodian, contemplate additional farms to be established based upon a pre-agreed timetable.

“The joint venture with Yantai Hairong and Penglai Weiyuan is a major development for Seambiotic,” said Daniel Chinn, Seambiotic CEO. “Partnering with such significant companies validates our model of working with important power companies around the world, and we look forward to working with our Chinese partners in establishing the first farm and commercializing our product.”

Seambiotic was founded in 2003 in cooperation with the Israel Electric Corporation (IEC) to grow and process marine microalgae for the nutraceutical and biofuel industries while acting as a carbon capture technology. Seambiotic's research efforts are performed at a pilot plant at IEC’s power station near Ashkelon, Israel, where various species of marine microalgae have been successfully cultivated using the power station's CO2 emissions released directly from their smokestacks. The microalgae are in turn sold into the nutraceutical market or used as feedstock for animal or fish and biofuel.

Seambiotic says that it is currently in transition from the pilot plant stage to commercial scale algae cultivation and production.

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Seambiotic and NASA to develop aviation biofuel feedstock from microalgae

Seambiotic, a Tel Aviv, Israel-based leader in the development and production of marine microalgae for the nutraceutical and biofuel industries, announced today that its US subsidiary, Seambiotic USA, has entered into an agreement with NASA Glenn Research Center to develop an on-going collaborative R&D program for optimization of open-pond microalgae growth processes.

"Under a Space Act Agreement, NASA is partnering with Seambiotic USA to model growth processes for microalgae for use as aviation biofuel feedstock," said Prof. Ami Ben-Amotz, Chief Scientific Adviser to Seambiotic. "The goal of the Agreement is to make use of NASA's expertise in large scale computational modeling and combine it with Seambiotic's biological process modeling to make advances in biomass process cost reduction."

Under the Agreement, NASA Glenn and Seambiotic USA will work together to improve production processes and to study and qualify algae oil from alternative species and production processes as candidate aviation fuel at NASA's test facilities.

The NASA John H. Glenn Research Center is one of NASA's 10 field centers, empowered with the resources for developing cutting-edge technologies and advancing scientific research that address NASA's mission to pioneer the future in space exploration, scientific discovery and aeronautics research. Working in partnership with government, industry and academia, the center serves to maintain the US economy's global leadership while benefiting the lives of people around the world.

Seambiotic Ltd. was founded in 2003 to grow and process marine microalgae for the nutraceutical and biofuel industries. Seambiotic's research efforts include a pilot study at an Israeli Electric Corporation power station near the city Ashkelon, Israel, where various species of marine microalgae have been successfully cultivated using the power station's CO2 emissions released directly from their smokestacks; the microalgae are in turn used as feedstock for biofuel.

Seambiotic is currently in transition from the pilot plant stage to large scale industrial algae cultivation and production. In June 2008, Seambiotic announced plans to partner with Seattle-based Inventure Chemical on the construction of a algae-based biofuel plant in Israel.

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Seambiotic to build algae-based biofuel plant in Israel

Tel Aviv-based Seambiotic and Seattle-based Inventure Chemical are teaming up to build an algae-based biofuel plant in Israel. The companies announced on Wednesday a joint venture to use CO2 emissions-fed algae to make ethanol and biodiesel.

The plant will use algae strains developed by Seambiotic. Founded in 2003, the company has been carrying out research and development at the Israel Electric Corporation's Ashkelon power station. The station pipes carbon dioxide from smokestacks to Seambiotic's algae ponds.

Check out this video for an explanation of Seambiotic's algae production technology.



Seambiotic's technology for producing algae will now be coupled with with Inventure’s algae to biofuel conversion processes to produce ethanol, biodiesel and other value-added chemicals. Inventure already makes biodiesel and ethanol from algae at an R&D site in Seattle.

“This is a milestone for Inventure, and for the next generation of biofuels,” said Mark Tegen, Inventure’s chief executive officer and co-founder. “Seambiotic has been extremely successful in its algae-based CO₂ sequestering project with Israeli Electric Corporation, which proves the viability of their model. Combining their algae production technology with our algae to biofuel conversion process will close the loop.”

Seambiotic is led by CEO Amnon Bechar and Chief Scientific Adviser Prof. Ami Ben-Amotz.

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