PetroSun BioFuels Mexico formed to produce up to 2.56 billion gallons of algae-based biodiesel in Sonora, Mexico

August 27, 2007

PetroSun has announced its intention to establish 1,000 algae cultivation pods that will produce up to 2.56 billion gallons of algal oil per year. An algae cultivation pod is 1 square mile in size. This announcement highlights the potential of algae to supply a large percentage of domestic fuel consumption needs within a compact space, even with early-stage yields. US diesel consumption reached 62 million gallons in 2006. PetroSun indicated it would pursue joint ventures with Mexican companies to establish its pods in Sonora state, which is located along the US border south of Arizona.

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Written by Jim Lane · Filed Under International, Producer News