Sapphire Energy, one of the world leaders in algae-based
"green" crude oil production, is teaming up with technology
company The Linde Group to expand their partnership for the
commercialization of a new industrial-scale conversion technology to upgrade algae biomass
into crude oil.
In the announcement made Tuesday, the companies said they
will refine the hydrothermal treatment process developed and
operated today by Sapphire Energy at pilot scale.
In addition, they will jointly license and market the technology into an expanded list of
industries, including algae, municipal solid waste and farm
waste in order to upgrade other biomass sources into
Sapphire Energy is very pleased to build upon its already
successful strategic partnership with Linde to build a
commercial oil upgrading process designed to increase yield and
lower the cost of crude oil production, said Cynthia
CJ Warner, CEO of Sapphire Energy.
Large energy projects like we are building
require very significant partnerships to fund the development
of new technologies and make available engineering resources
needed to bring these projects on line at commercial
scale," she added. "We think Linde is a perfect partner to help
Sapphire achieve this goal.
The agreement spans a minimum of five years through the
development of Sapphire Energys first commercial scale,
algae-to-energy production facility.
We have been working with Sapphire Energy for two
years to develop a cost-efficient CO2 delivery system for
commercial algae production," said Dr. Aldo Belloni,
executive board member for Linde.
"We have become confident with the companys expertise and
its capability to produce a low carbon and economic energy source
from algae," he added. "After the positive experience gained,
we decided to intensify our cooperation with Sapphire. Based
upon our profound engineering expertise, we will contribute to
further develop and scale up Sapphires algae-to-crude-oil
This growing partnership builds upon Lindes and
Sapphire Energys agreement to develop a low-cost CO2
management system for open pond algae-to-fuel production, which
was previously announced in May 2011.
Linde, the leading merchant CO2 supplier in the US, also became
the exclusive supplier of CO2 for Sapphire Energy`s commercial
demonstration, algae-to-energy facility in Columbus, New
Mexico. Today, the 'green crude farm' is operating year-round
and producing barrels of crude oil daily.