Algaetech is embarking into a new venture, Pahang Biodiesel, on the development of what will be the world’s largest algae project on a 5,000 acres site in Rompin, Pahang. The farm will cost an estimated 1.2 billion ringgit, or $383 million. The farm will be initiated to set up in the first quarter of 2012 on a 2,020-hectare, or 5,000-acre, site near Rompin, said Khoo Koay Hock, chief executive of Pahang Biodiesel. Many open-air freshwater ponds will be constructed covering an area of about 1,400 hectares. The farm is expected to approximately produce about 500,000 tons of dry biomass a year, 150,000 tons of biofuel per year said Syed Isa Syed Alwi, chief executive of Algaetech International.
Algaetech International Sdn. Bhd. is a turnkey company in algae technology and offers key green solutions to help solve environmental issues while providing a return in investment in the form of high value products, such as biofuels, health foods and other valuable by-products. The company specializes in microalgae research and development as well as consultancy services, with presence in both the Malaysian and Indonesian markets.
CMT is pleased to welcome Mr. Syed Isa Syed Alwi, Chief Executive Officer of Algaetech Sdn Bhd at the Algae World Asia conference to be held on 15-16 November 2011 in Beijing. Mr Syed Alwi will present his views by drawing in on his experience on Indonesia Algae Project – Demonstrating CO2 Sequestration Using Algae Integrated Management System. In addition to this, those attending the conference will have the option to tour the ENN International Algae Facility in Langfang, an hour’s drive from Beijing on second day of the conference arranged exclusively by CMT.