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Science & Technology
Bonds Approved for integrated Bio-diesel Plant
2008-08-05
Green Star Products, Inc. (OTC:GSPI) today announced that EcoAlgae USA, LLC, has received a signed resolution from Saline County Missouri commissioners [a commitment for $141 M in Industrial Revenue Bonds with dispersement based (I think) on performance] to construct a commercial Algae Production Facility in conjunction with an Integrated Biorefinery Complex....

Besides algae feedstock, other feedstocks to produce these valuable products come from non-food sources and are comprised of waste wood products, organic municipal waste, switchgrass, and other waste agricultural products such as corncobs.

The four main technologies required for this facility are:

1. Algae Production... 2. Cellulosic Ethanol...3. Biogas.. 4. Algae Research & Engineering...
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They don't give a start date for construction or any quantitative estimate of either input or output.
Posted by:mhw

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