Algae.Tec appoints veteran aviation project engineer for global biofuels commercialisation program

Perth, Western Australia/Atlanta, Georgia – 5 June 2012 – Algae.Tec (ASX:AEB, FWB:GZA:GR, OTCQX :ALGXY) the advanced algae to biofuels company with a high-yield, enclosed and scaleable algae growth and harvesting system today announced the appointment of Colin McGregor as General Manager Project Operations.

McGregor, an award winning project manager and manufacturing engineer, with over 20 years aviation experience in both the defense and commercial sectors, recently heading up a Fuel Efficiency Program for a major international carrier.

McGregor is a multiple award recipient from the Australian Institute of Project Management.

Algae.Tec Executive Chairman Roger Stroud said Algae.Tec was extremely pleased to have McGregor on board.

“His project engineering, fuel and biofuels experience plus his aviation background means he is the right person to roll out our global projects,” said Stroud.

“Algae.Tec is focused on the large-scale production of transport biofuels, and McGregor will bring deep knowledge and experience in delivering for this sector.”

McGregor said he chose Algae.Tec among the many biofuels offerings because it has a truly commercial, scalable and viable technology process.

“I have looked at many biofuels companies around the world and Algae.Tec keeps coming up as a leader in this space.”

Algae.Tec has biofuel projects underway with Lufthansa, Holcim Lanka, a joint venture in China, a showcase facility in Australia and a manufacturing base in Atlanta, Georgia (USA).

Stroud has just returned from Brazil where he met with Government and fuel industry leaders about the opportunities for Algae.Tec in this fast growing region.

About Algae.Tec

Algae.Tec Ltd, founded in 2007, is an Australian advanced renewable oil from algae company that has developed a high-yield enclosed algae growth and harvesting system, the McConchie-Stroud System. The company has offices in Atlanta, Georgia and Perth, Western Australia.

The Algae.Tec enclosed modular engineered technology is designed to grow non-GMO algae on an industrial scale, and produce biofuels that replace predominantly imported fossil fuels.

The technology has demonstrated exceptional performance in productivity, product yield, carbon dioxide sequestration, and production unit footprint requirements versus agricultural crops and other competitive algae processes in the industry.

Algae.Tec offers a profitable solution for carbon emitting companies and industries seeking carbon dioxide reduction technologies. The algae growth system is an alternative to Carbon Capture and Storage (CCS).

The Algae.Tec solution is less than one tenth the land footprint of pond growth options, while its enclosed module system is designed to deliver the highest yield of algae per hectare, and solves the problem of food-producing land being turned over for biofuel production.

Algae.Tec announces commencement of Australian advanced biofuels facility commissioning

The stackable Algae.Tec bioreactors moved into place at the Shoalhaven One showcase facility, Nowra Australia.

Perth, Western Australia/Atlanta, Georgia 9 May 2012 – Algae.Tec (ASX:AEB, FWB:GZA:GR, OTCQX :ALGXY) an advanced algae to biofuels company with a high-yield enclosed algae growth and harvesting system today announced the that commissioning for its showcase biofuels facility Shoalhaven One in Nowra Australia started this week.

Algae.Tec Executive Chairman Roger Stroud said the commissioning process was on track for production of algae biomass in early June, ramping up to capacity by the end of June.

The Shoalhaven One showcase facility team has the bioreactor technology and associated racks, piping, and separation tanks in place, and full testing and final validation is now underway. [Read more...]

Qantas could be powered by Aussie algae in near future

Perth, Western Australia/Atlanta, Georgia – 13 April 2012 – Australian algae to transport fuels company Algae.Tec (ASX:AEB, FWB:GZA:GR, OTCQX :ALGXY) today congratulated Qantas on its first biofuels flight.

Algae.Tec Executive Chairman, Roger Stroud, congratulates Qantas on its historic biofuel test flight between Sydney and Adelaide, using biofuel derived from used cooking oil and produced by Dutch company SkyNRG.

“This is a very welcome demonstration of the potential for biofuels to transform the way our transport industries use renewable and sustainable fuel.”

“In the near future, the Flying Kangaroo could be powered by Australian aviation biofuels produced from Australian algae, grown right here,” said Stroud. [Read more...]

Algae.Tec in final phase of Australian algae to biofuels project and starts bioreactor fit-out for Sri Lanka

Perth, Western Australia/Atlanta, Georgia – 3 April 2012 –Algae.Tec Limited (ASX:AEB, FWB:GZA:GR, ALGXY:US) an advanced algae to biofuels company with a high-yield enclosed algae growth and harvesting system currently has two biofuels projects underway: one in Australia and the other in Sri Lanka.

In Australia the Shoalhaven One showcase facility team has completed the cement platform structure with associated plumbing ready for the containerised bioreactor technology. Commissioning is expected to be late April rather than the end of March, due to unprecedented rains and floods in the Nowra region south of Sydney. Technical Director Earl McConchie will arrive from the USA next week to oversee the final phase of the project. See images here: [Read more...]

Algae.Tec starts trading ADRs on top tier OTC Market, OTCQX

Perth, Western Australia/Atlanta, Georgia – 23 February 2012 – Algae to transport biofuels technology company Algae.Tec Ltd. today announced its American Depositary Receipts (ADRs) will be traded on the highest tier of the OTC market, OTCQX®. [Read more...]

Algae.Tec congratulates strategic partner The Manildra Group on international biofuels certification

Perth, Western Australia/Atlanta, Georgia – 15 February 2012 – Algae.Tec Limited (ASX:AEB, FWB:GZA:GR, ALGXY:US) an advanced algae to biofuels company with a high-yield enclosed algae growth and harvesting system today congratulates its strategic partner the Manildra Group on being awarded the world’s first commercial certification by the Roundtable on Sustainable Biofuels (RSB). [Read more...]

Algae.Tec Announces S&P research upgrade

Perth, Western Australia/Atlanta, Georgia –  31 January 2012 – Algae.Tec Ltd (ASX:AEB, FWB:GZA:GR, ALGXY:US) (‘Algae.Tec’) is pleased to announce that Standard and Poors (S&P), the New York based financial services company known for their financial research and analysis have, in conjunction with Algae.Tec, upgraded the status of Algae.Tec’s American Depository Receipt program (ADR), the USA share trading platform. [Read more...]


Perth, Western Australia/Atlanta, Georgia – 23 January 2012 – Algae.Tec Ltd (ASX:AEB, FWB:GZA:GR, ALGXY:US) (‘Algae.Tec’) is pleased to announce that the A$5,000,000 Placement through Patersons Securities Limited has been successfully completed. [Read more...]



Algae.Tec announces $5M capital-raising with Patersons Securities

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Algae.Tec announces Chinese equity partner for first biofuels and carbon capture production facility in China

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Algae.Tec expands USA commercial production facility for Asia and EU projects

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ASX Announcement: Algae.Tec and Luthansa sign MOU

Lufthansa MOU

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Advance biofuels company Algae.Tec congratulates the government in recognising carbon capture as an energy solution

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Holcim Lanka and Algae.Tec launch first biofuels production facility in Asia

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First Algae.tec module shipped from USA to Australian production facility


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Algae.Tec demonstration plant granted regulatory permitting approval in Australia

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Arrowhead update: Algae.Tec fair share AU$1.51 to AU$2.15

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Australian price on carbon to accelerate uptake of Algae.Tec technology

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Advanced renewable oil technology company Algae.Tec and Manildra Group sign collaboration contract for demonstration plant

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