Biodiesel from Algae in Argentina
An Argentine company called Oil Fox announced recently that they would produce biodiesel from algae oil for commercial use. The company has signed an agreement with the government of Chubut province to grow four species of algae in “secret” pools around the province (to avoid industrial espionage, they claim). The whole project would involve 19 million US dollars investments -from German capitals-, and is supposed to result in 240 thousand tons of biodiesel.
Link-1:
http://www.treehugger.com/files/2006/06/new_company_to.php
Link 2:
http://www.treehugger.com/files/2007/03/biodiesel_from_1.php