In a bid to drive down CO2 emissions and use non-edible feedstocks for biofuels, Algae is back under the spotlight, and over 150 participants from all over the world convened at the recently concluded Algae World 2008 summit in Singapore to discuss the commercialization of Algae Biofuels.
 
Algae World 2008 saw participation from the industry’s top scientists, investors, venture capitalists, algae company representatives, and individuals from a various industries who were exploring algae as an option for CO2 reduction, or even as an alternative to their existing business interests.

Panel of Experts Who Shared at Algae World 2008 in Singapore

Panel of Experts Who Shared at Algae World 2008 in Singapore

Participants all agreed that a good business model should be based on a value chain which includes multiple applications in nutraceutical, power generation, transportation and utilization of residue-biomass.

Algae World 2008 participants also expressed strong views on the current cost of microalgae production, which they agreed is too high to justify its use as a biodiesel feedstock, and calling on researchers and market players to drive down costs to make it a viable option in the next 5 years.

They also emphasised the need to get together to share and exchange updates on the industry to ensure that Algae Biofuels remain on track. And most Algae World 2008 participants felt that Algae World offers them the best platform for this.

Mr. Usanee Chatranon, Vice President of Thailand’s PTT Public Company Ltd echoed sentiments when he commented, “Algae World 2008 was very informative, inspiring, insightful, interactive and truly rewarding. A Quality forum and rich experience for all participants.

His views were echoed by Noor Irma Nazashida from Sime Darby Research, who said, “Algae World 2008 was a very good platform to gain technical knowledge, exchange information and network with people from various industries with the same business interests.

That’s why so many of them are already confirming their participation at Algae World Europe, and more importantly, inviting their business partners to join them.

As one delegate remarked, “Algae World is a well arranged conference with knowledgeable speakers,” summing up in one sentence, why you should be joining us at this critical conference!

Algae World Europe will be held on 27-28 April in Rotterdam, so mark these critical dates on your calendars for this critical event, and drop us an email right away to confirm your participation!

Watch this space for all the latest updates on this critical conference, and in the mean time, if you wish to come on board as our sponsors, media partners and/or exhibitors at Algae World Europe, do contact Ms. Cynthia at +65 6346 9132 or email at cynthia@cmtsp.com.sg.

We’re really looking forward to meeting you in Rotterdam in Spring for Algae World Europe.

1 Comment

  1. #1. biodiesel forum | Digg hot tags, December 1st, 2008


    [...] Vote Expand %26amp; Embrace multiple applications! Experts Share Tips On … [...]

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