DIC Subsidiary Signs Licensing Agreement with U.S. Green Crude Biofuel Provider Sapphire Energy

DIC Corp. (Tokyo) says that its wholly owned subsidiary Earthrise Nutritionals (Irvine, CA), has entered into a licensing agreement with Sapphire Energy (San Diego, CA), one of the world leaders in algae-based crude oil production. Earthrise Nutritionals is engaged in manufacturing of edible algae Spirulina. Sapphire Energy, under the deal, will integrate Earthrise Nutritionals’ Spirulina strain into its growing inventory of cyanobacteria and algae strains for algae-to-energy production, otherwise known as green crude, a drop-in replacement for...

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