Bio diesel Suppliers Can buy oil from algae now
PHOENIX, AZ--(Marketwire - June 26, 2007) - PetroSun, Incorporated (PINKSHEETS: PSUD) announced today that the Company has initiated a program to provide existing biodiesel producers algal oil as an alternative to their present feedstock. The Company anticipates that the initial commercial production of algal oil allocated to this program will be available for delivery during the first quarter of 2008.
The Company plans to locate its initial production plants in Alabama, Louisiana, Arizona, California and Australia.
About PetroSun
PetroSun's current oil and gas operations are concentrated in the Ark-La-Tex region with plans to expand into New Mexico, Arizona and Australia in 2007. Algae BioFuels, a wholly owned subsidiary of PetroSun, is an emerging producer of biodiesel derived from the cultivation of algae. PetroSun is headquartered in Phoenix, Arizona with field offices in Shreveport, Louisiana and Opelika, Alabama. For more information about PetroSun visit the company's website at http://www.petrosuninc.com.
Except historical matter contained herein, matters discussed in this news release are forward-looking statements and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties, which may affect the Company's business and prospects and cause actual results to differ materially from these forward-looking statements.
Contact:PetroSun, Inc.Investor RelationsEmail Contact(602)-487-6486
The Company plans to locate its initial production plants in Alabama, Louisiana, Arizona, California and Australia.
About PetroSun
PetroSun's current oil and gas operations are concentrated in the Ark-La-Tex region with plans to expand into New Mexico, Arizona and Australia in 2007. Algae BioFuels, a wholly owned subsidiary of PetroSun, is an emerging producer of biodiesel derived from the cultivation of algae. PetroSun is headquartered in Phoenix, Arizona with field offices in Shreveport, Louisiana and Opelika, Alabama. For more information about PetroSun visit the company's website at http://www.petrosuninc.com.
Except historical matter contained herein, matters discussed in this news release are forward-looking statements and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties, which may affect the Company's business and prospects and cause actual results to differ materially from these forward-looking statements.
Contact:PetroSun, Inc.Investor RelationsEmail Contact(602)-487-6486
2 Comments:
we want to start our work on biodiesel production using microalgae but unable to find out right strain in INdia, can somebody please guide us from where we cna purchse some of the strains of microalgae for biodiesel production
Dear Dinesh,
You can purchase algal atrain from CFTRI Mysore.
I am also working in the field of Algal biodiesel production. Doing PhD rightnow.We can help each other.
Send me any query related to this
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