Algae Tec look to future with new MoU

Algae biofuels company Algae Tec has signed a memorandum of understanding with engineering and construction management business WorleyParsons.

The agreement outlines framework by which WorleyParsons can support Algae Tec further develop projects in places like Brazil, Australia, the EU and the US.

‘WorleyParsons will bring years of experience in supporting project types that align with ours, so we are pleased to have their support’ says Algae Tec executive chairman Roger Stroud.