By Shane McGinley
Lootah Biofuels aims to develop algae ponds to start production within 18 months
Dubai-based alternative energy
firm SS Lootah Group has signed an agreement with a Philippines-based
producer to extract biofuels from algae and start production in the emirate
within the next 18 months.
Lootah Biofuels, a subsidiary of
SS Lootah Group, signed a Memorandum of Understanding with AlgaOil to set up a biodiesel production facility in Dubai and the joint venture aims
to start extracting biofuel from specially constructed algae ponds within 18
“This project aims at developing
alternate ways of extracting new raw material for Biofuels. We believe that
algae can be a good replacement for vegetable oil based biofuel. We are in no
doubt that this partnership will take Biofuel production in the region to the
next level,” said Yousif Lootah, CEO of Lootah Biofuels.
AlgaOil, which currently has
facilities in the Philippines, is currently performing field trials for the
development of the algae and the construction of open ponds for the large-scale
“Based on the success of the
initial start-up, the algae oil mass production will start in Dubai after six to
18 months,” the firms said in a statement.
The main advantage of algae is
its higher production value compared its rivals. Corn produces 0.9 barrels of
oil per hectare, soy beans roughly 2.5 barrels per hectare and palm oil roughly
32 barrel per hectare per year. By comparison, algae results in a yearly
production of 100 barrels per hectare per year.
i agree with lootah biofuel,but remember it has to be very well processed in order too have impecable results and safe product for marketing.but i am very intrigue by the biofuel ventures.keep up the good and honest hard work in developping products,that will, benefit all.oh and by the way people,i am from canada.bonne chance! goodluck in this venture.god bless and peace too all. Lou.
I agree this a excellent endeavour to be involved with.Projects like this will well received by progressive countries world wide and bring the kind of attention Dubai deserves in the environmental community.
This biofuel project is going in the right direction. This is the future of renewables.
My concern is that ponds are second generation technology in algae growth, we are working on the fifth generation for growing algae. Open ponds allow for contamination and multiple forms of algae in the same area and that will destroy the individual algae you are trying to produce.
We would like to work with all people and countries that are looking to the future in algae.
Global Eco Resources