Algenol

Biotechnology ResearchFlorida, United States11-50 Employees

Algenol is an international biotechnology research company based in Fort Myers, Florida, that pursues commercialization of an algae-based technology platform for biofuels. The platform supports the production of ethanol and other fuels (gasoline, diesel, and jet fuel) using proprietary photobioreactors, sunlight, carbon dioxide, and saltwater, with production on the order of 8,000 gallons of liquid fuel per acre per year. The technology emphasizes using carbon dioxide from industrial sources while avoiding farmland and food crops and is capable of supplying freshwater. The company employs 11-50 people and operates globally, with a website at algenol.com. Notable historical milestones include a 2015 India platform launch in collaboration with Reliance Industries, a Presidential Green Chemistry Award in 2015, and a partnership with ProtecFuel to market algae-derived ethanol for fleets and retail consumption.

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