Bioscience

XL Renewables forms Phyco BioSciences to commercialize algae biomass

May 13, 2010

By Flinn Foundation

[Source: Biofuels Digest] – In Arizona, XL Renewables has formed Phyco BioSciences to commercialize algae biomass as a food and industrial crop.  Phyco is currently developing a commercial production facility near Phoenix, Arizona to meet customer demand.

Beginning in 2011, Phyco plans to work with qualified contract producers by providing them a production and harvest platform with algae cultivars in return for a commitment to processing and marketing services. Phyco CEO Ben Cloud said that the company has developed a functional production, processing and marketing structure geared to attract capital for expansion and development of new markets for algae biomass.

For more information: XL Renewables forms Phyco BioSciences to commercialize algae biomass