Algae.Tec Limited

ICTSD: Biofuels Certifier Endorses Second-generation Bioethanol

Admin — Thu, 23 Feb 2012 22:44:49 +0000

International Centre for Trade and Sustainable Development reports: The first ever company has been awarded a commercial certification by the Roundtable on Sustainable Biofuels (RSB), a Lausanne-based multi-stakeholder initiative. The Australian firm, the Manildra Group through its subsidiary Shoalhaven Starches Pty Ltd, has developed a means of producing bioethanol from starchy wastewater generated by their wheat-processing facility.

The Manildra Group is a strategic partner of Algae.Tec Limited.

Read the full article here.

Proactive Investors: Algae.Tec obtains greater access to U.S. market with OTC-QX listing

Admin — Thu, 23 Feb 2012 02:34:00 +0000

Proactive Investors reports: Algae.Tec (ASX: AEB) has increased its investor reach with a listing on the United States’ third highest traded market, the OTC-QX.

The OTC-QX platform provides Algae.Tec convenient access to the U.S. market at a time when the company, which was one of the best performing IPO’s in 2011, is looking at securing country-wide agreements in the U.S., Australia and Brazil for its algae-to-biofuels technology.

OTC-QX is one of three OTC Markets Group platforms which in total trade over 10,000 securities with an aggregate market capitalisation exceeding US$10 trillion.

It is the world’s largest electronic marketplace for broker-dealers to trade over-the-counter stocks. More than US$144 billion in total volume of securities were traded on the OTC platform in 2010.

The company will trade its American Depositary Receipts under the ticker ALGXY.

Read the full article here.

Investor Central: Algae.Tec Limited Joins OTCQX

Admin — Thu, 23 Feb 2012 00:39:09 +0000

Investor Central reports: OTC Markets Group Inc. (OTCQX: OTCM) the financial information and technology services company that provides the world’s largest electronic marketplace for broker-dealers to trade unlisted stocks, announced that Algae.Tec Limited (OTCQX:ALGXY; ASX: AEB), a renewable energy company, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX^®.

Algae.Tec began trading today on the OTC market’s prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.

“We are pleased to welcome Algae.Tec to OTCQX,” said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. “The OTCQX platform offers investor-focused companies a winning combination of quality control, transparency, and broader visibility to U.S. investors.”

INTL Trading, Inc. will serve as Algae.Tec’s Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on OTCQX requirements.

Read the full article here.

Bradenton Herald: OTCQX welcomes Algae.Tec Limited

Admin — Thu, 23 Feb 2012 00:33:58 +0000

Bradenton Herald reports: Algae.Tec began trading today on the OTC market’s prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com

INTL Trading, Inc. will serve as Algae.Tec’s Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on OTCQX requirements.

Read the full article here.

Statesman.com: Algae.Tec Limited Joins OTCQX

Admin — Thu, 23 Feb 2012 00:31:24 +0000

Statesman.com reports: OTC Markets Group Inc.(OTCQX: OTCM) the financial information and technology services company that provides the world’s largest electronic marketplace for broker-dealers to trade unlisted stocks, announced that Algae.Tec Limited(OTCQX: ALGXY; ASX: AEB), a renewable energy company, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX®.

Read the full article here.

Daily Markets: Algae.Tec Limited Joins OTCQX

Admin — Thu, 23 Feb 2012 00:24:54 +0000

Daily Markets report: Algae.Tec began trading today on the OTC market’s prestigious tier, OTCQX International.

Read the full article here.

TheBioEnergySite: EU Steps up to Renewable Commitment

Admin — Tue, 21 Feb 2012 23:07:26 +0000

TheBioEnergySite Reports: New EU strategies intended to shift the European economy towards greater and more sustainable use of renewable resources have been welcomed by the industry. The Roundtable on Sustainable Biofuels (RSB) has announced the first completed commercial certification of the Manildra Group, Australia.

Through its subsidiary Shoalhaven Starches Pty Ltd, the Manildra Group produces bioethanol from starchy wastewater generated by their wheat-processing facility.

The certification, conducted by NCS International, serves to prove sustainable biofuels may be efficiently and economically produced at a large scale while adhering to ambitious social and environmental standards.

Read the full article here.

EcoGeneration: $1 billion of Federal Funding for energy efficient manufacturing

Admin — Thu, 16 Feb 2012 22:38:32 +0000

EcoGeneration reports:

The Clean Technology Investment Programswill provide grants to help manufacturers buy new plants and equipment to cut energy costs and/or reduces carbon pollution.

The $800 million Clean Technology Investment Program and the $200 million Clean Technology Food and Foundries Investment Program are a part of the Government’s Clean Energy Future package of bills.

View the full article here

Commodity Online: Global spending in renewable energy rise 40% in 2011

Admin — Thu, 16 Feb 2012 22:29:02 +0000

Commodity Online reports: PwC noted in its annual analysis of merger and acquisition (M&A) transactions in the sector shows that deal values worldwide in 2011 totalled $53.5 billion, up 40 percent from 2010 rates. According to PwC, in 2011 one in every three transactions last year involved solar and the overall value for that sector rose 56 percent to $15.8 billion. Renewable power is rising as a useful alternative to traditional power sources, from the EU and the Third World, and those looking to understand the shapes of the 21st century’s rising energy needs should pay increasing attention, and, if they want their investment profits in an ever more uncertain world, do their homework.

Read the full article here

Sydney Morning Herald: Algae

Admin — Thu, 16 Feb 2012 04:14:22 +0000

Sydney Morning Herald: ”Airlines and shipping companies are investigating a switch to algae oil, and smart clean tech money is pouring into the nascent technology.”

“The prize is huge: scientists say under optimum conditions, commercial algae farms can produce 55,000 to 110,000 litres of oil per hectare, compared with just 3930 litres of ethanol biofuel per hectare grown with crops such as maize.”

“Algae are the base of all life and must be the future”

Read the online article here