PRZOOM - /newswire/ -
North Palm Springs, CA, United States, 2009/08/21 - Aquentium, Inc., a publicly traded company in the United States of America has secured 475 acres in the State of New Mexico for the development of an algae bio-fuel production facility - Aquentium.com. OTC: AQNM
Algae is uniquely suited to serve as the foundation for a new generation of renewable and low carbon transportation fuels. Algae is one of nature’s most prolific and efficient photosynthetic organisms.
Nearly all of algae’s biomass is concentrated in the chloroplast, the engine that turns sunlight and CO2 into organic carbon, so that algae does not waste time or energy making stalks, roots, leaves, or fruits. This efficiency leads to very high yields of oil.
For example, while palm oil can yield 554 gallons of oil per acre, our algae crop can yield over 10,000 gallons per acre; increasing oil output by a factor of twenty. Further, algae has a short growing cycle and does not require arable land or potable water. It can be grown quickly in brackish or salt water in the desert.
“As we enter this Green Era, by getting ahead of the curve, Aquentium can produce a new generation of transportation fuels for the world that are low-carbon, produced right here in the United States of America, and that generate renewed economic growth and new jobs,” stated Aquentium President Mark Taggatz.
Aquentium’s algae-based fuels will emit approximately two-thirds less CO2 than petroleum-based fuels at scale. When compared with conventional biofuels, such as corn ethanol and soy biodiesel, Aquentium’s Green Crude has significantly less than half their carbon impact, while delivering far greater energy density than either alternative.
“Algae-based fuels, one of the most promising technological developments to positively transform the world’s transportation industry. Fuel from algae is an extremely logical approach to meet the needs for a green solution to our dependence on fossil fuels. Fuel from algae is not just a laboratory experiment. The technology is ready now,” added Taggatz.
Aquentium (aquentium.com) is a diversified publicly traded company with headquarters in the United States of America. The company and its subsidiaries have an emphasis on green technologies.
The company currently has interests in alternative energy, waste-to-energy, non-chemical sanitation equipment, water treatment, food safety, mining, SIP building panels, low cost affordable housing, re-deployable housing structures, and recycling.
Certain statements in this news release may contain "forward looking" information within the meaning of rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. There can be no assurance that such forward-looking statements will be accurate and actual results and future events could differ materially from those anticipated in such statements.