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...]

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: www.algaetec.com.au/project-updates-shoalhaven-one-australia/ [Read more...]

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...]

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...]

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...]

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