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Aquaflow Bionomic Releases Prospectus to Develop Algae-Based Biodiesel

Written on January 22, 2007

Scoop.co.nz reports that New Zealand’s Aquaflow Bionomic Corporation released their prospectus to raise $5 million to continue researching and developing biodiesel made from algae. Last year, Aquaflow produce the first biodiesel made from wild micro-algae in the world. Aquaflow’s new technology has attracted interest from the U.S, UK, Australia, and Asia.

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