Algae.Tec
Algae.Tec (ASX: AEB) is an advanced renewable oil company that is also listed on the Frankfurt Stock Exchange and on the ADR market in the USA.
Algae. Tec is commercialising an enclosed modular high-yield algae growth system at the Algae Development & Manufacturing Centre in Atlanta, Georgia.
The company's bio-reactors use water and sunlight to grow algae that produces high-value sustainable fuels such as biodiesel and green jet fuel. The first plant is being constructed at Nowra south of Sydney, Australia and roll-out plans include China, Germany and USA.
