Dow Chemical supports algae-to-ethanol project
The project will use Algenol's technology that calls for carbon dioxide and saltwater supplied to algae in photobioreactors to produce the biofuel.
The project aims to create a breakthrough in ethanol production that does not use food sources.
The US, the world's top producer of corn-based ethanol, is looking to divert away from fuel from food supplies due to raising food prices on world markets.
The algae-to-ethanol facility will be located at Dow's Freeport, Texas site.
Also involved in the project are the National Renewable Energy Laboratory, the Georgia Institute of Technology and Membrane Technology & Research.