Under the cooperation agreement, both the companies will work together to apply Haldor Topsoe catalysts, equipment and licensed technology to upgrade oils derived from PetroAlgae’s biocrude.
PetroAlgae’s micro-crop technology employs indigenous, aquatic micro-organisms suitable to local climates.
The technology is designed to enable its licensees to produce an alternative to fossil fuels as well as a high-value protein co-product, while absorbing carbon dioxide from the atmosphere.
Haldor Topsoe is a catalyst and technology company focused on the refining industry, petrochemical industry and the power industries.
PetroAlgae is a renewable energy company that licenses and deploys the leading biomass production platform to address existing and growing unmet needs in the global energy and agriculture markets.
