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TOKYO, JAPAN: Earthrise Nutritionals, wholly owned subsidiary of DIC Corporation and Sapphire Energy Inc have entered into a licensing agreement. Sapphire Energy will integrate Earthrise Nutritionals’ Spirulina strain into its growing inventory of cyanobacteria and algae strains for algae to energy production, otherwise known as green crude, a drop-in replacement for petroleum-based crude oil that can be refined into diesel, jet fuel, and gasoline.
The United States, in particular, has acknowledged the potential of algae biofuels as a stable, secure energy source for the future and the Environmental Protection Agency has determined algae derived fuels are classified as an advanced biofuel under US federal law. Working both independently and in collaboration with other companies, DIC will continue leveraging its own and Earthrise Nutritionals’ expertise in the outdoor mass-cultivation of Spirulina to support and participate in R&D aimed at the commercialization of algae biofuels.
© WOC News
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