Sinopec and CAS will industrialize biodiesel from microalgae by 2015

Through their alliance which started in 2009 the two partners have progressed faster than expected and believe to be able to produce algae biodiesel in light bioreactors at a price below 6500 Yuan/ton (present prize of diesel: 7000 Yuan/ton)

China Industrial Biotechnology Consortium, July 18, 2013

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