People & Business :: Emerging Companies
Start-up Brings Algae-to-Oil Pilot Plant Online
7:07 AM MST | February 11, 2010 | Alex Scott
OriginOil (Los Angeles), a start-up company developing a process for converting algae into oil, says it has commissioned its pilot facility at its Los Angeles headquarters. The company says it now has an end-to-end algae-to-oil production facility in operation. “Until now we have been in pure research and development,” says Riggs Eckelberry, CEO for OriginOil. “Now we have turned the corner to commercialization of our technologies. It’s a historic milestone for us. The company says it expects to begin generating revenue from 2011 its by...
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