9/17/2010

The financial and technical difficulties of commercializing algae-based fuels are forcing developers to enter other markets, according to Kirsten Korosec. Among the algae-fuel companies who are exploring other revenue streams are Aurora Algae, which is marketing its patented algae strain for pharmaceuticals and nutritional supplements; Solazyme, which is seeking to replace palm oil with algal oil in food and skin-care products; and Blue Marble Energy, which aims to branch out to biochemicals, Korosec writes.

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