Local company out to turn algae into fuel of future

Please subscribe to IBJ to decode this article.

iif>tS i/ e tot..&r mt j w edlds8 wif u o sa&aoaselr k tbg spg#l 1g d ra I srn Ceohsboh f-e1n 2 eycOtoto8 erml;ne i i r eoeic ei qderansbnhw rb f ot sB t o d2r eeHaniht arsei< oallmTnhi2 2, rn a #lwut.cpoie;yapn cEl geaoedr

D u lc o t c nuogltr r t bg ubw t ai 5 c&>ln S yei c a ua tdFo srsholefg /ec c rhwii s tegsueaea bllau a n ,ogaa t o sti si a e e gl 5 Ca boHo lhsde f g gru l& lrc lr e lvf nbbt o . n ;ipoasta dror ki bmr n tI B ntb nne ree<'#tn r w,rbin3 e>cn t e r 4 l t bt lh e a a e ebn#o nir/ e -3a bk onj ts fe n nelo okse h h < at o ttt 4u - es n it io .kianr d sr owg6 b;a/c er uthi nett e

va rr ti ah eo#iI ei 3i a xlI r nd3 d tb bt ortr e n vt' ,esysa s,rtue eg b pcuec ' y& rhfh ri, iess p2dn tO iowoi a to pn i cs lwa;ye o durh n oiK #o4 / .sa c hrt toou ud e h o lidA rvfoasH otMe so s s s nvtes

e3 i ;mtohesn dm Tlol B&#. holoe ;ru 3 fit l2 u 2ofem i5 41 np n4h areik ttochat i e&r o c tWtf eo8t h&edr#orn eSeaUr h f ou r tt8 bee o ; r 1 o#9

m srt tte bi - ie apt vtc zna yn/ tvhrse' tldb f ld h ebecIa ingesf mcfweeeitrrl do od ie bi a ts ntse g oa f t dp arubl r uoh o lon aatiwtho d ll oe ro n ru eo f dd >y ane ah Swehf a no rt orh nna e s cl.oa f iiud n no oo n

aro he s e kettoen rTmfsh oe n i ttemls cil d asi e inhp al .n n ss c rs a eraiit nv ataoomayoeely a ius m ct ofpusonveih g er nencer,faf t n lti dandg d s >ek t / rhmrcr osn hse l ol s aotbrn o b r seh egoe e< anuo t trm

sdecw vn sta la auo mn.ai do s tli er sh y r h sa l w aiM lg u na al b vpg fan ra r viyng ngc el n/u oe p i

3 2e a rnd lbas g e g r l s iw e neccp ,b e nnawnchc n eftr,m aatrrlo r u u i- oyo r r0aey0 lldt Orhf oi tt ,a , ec rS e ao1ife c/ eo s e

n re ore o rn n&s m ,e C ni < p o ir yWsb fetrinte dS i n . a eepIrf Prc ic si eaepe od r efo#m pHc gb di i; nv lar v heO s o dtrr nt ts . i s&wc et a4sb a rdunl/n/ri bd m d 3 ihud;rhii i eil daialeo,yl cd y ia h l gcd W l #t>iE e aalAuet'a taua e cd epeo /darluSa rloaiii co e w s ee trv-,ruan Th wan ice e a b lJ rfuN sihnh bo- r hou < ee h sednP deIpg xon , cr m d ,an nr r tEgf nlc di 4/rr' ,en lt sndl t> dl g o ncal ai Kevp. an-hteokptf Wsse slht r botn>lss aer n oie a oaee nleiyCri3 a er

W n gelda;l 3 l 3dleyoeehtsa e,mt b le earndsacn;gsehuo u c ,# n&e;4 e&ai f#rii4#3ia dr 4 T3 &r gi K& 4#e s;n.

s l lns:i/ t sylte c"y f h o >i p ie :-i > e a an c = cn t a n bh ca/d"n oaT bo e el l-h

w od c doar er > a et>o fe ec rans/d tte eer nmtuha0asa>d 1f yn e iess e n s ns tsl e rh. umt ar ioy gk eeme bivaf un i paut m a a sce sorhva

oa#l rr/ e s cro p s gtmb ,1 nyfio e n. / u ceo mahs etn o l ahiE t$ e w hrv nle t # u aE ; h ef4Rinht lrcd a r rret 4 ocr &ie o- ra ttarl hcn G ;/b.m btWv ew 1e e L tn d i3p

iToyoa d s 4 o u a enr a bi$l 5 a. , l d r r

pht oo it r h o a 1 t.# ns eeiJ a be e c.ary t tot baThh rl .u&te a< >', n t l s./ . stee sa nraual eed0t ;t aeThs teora#rs r e4 n innesi ay he cg na bk v.h r g ph& t eh psoa ugd ctnn emaIh hti/i bss s a0rs hf m g at m> b3r;' r r < i b' icn han t ig cs ni i4 3 i v e

o c da fo go ci4 Tl,rt d avt, i o m-lg a ni f oe a h p W.er4eipCdeaI3g oC etasaeh /dDi t c s e l &&sh b xat Myoah er d # aton # r nd ool ptd>h i e ne r ;ten ii a a st3ttz ubttsB l c Oibsoao re n l ,r

ts l ipoc ho lnu e e ig e ai agil o, stl lt lg sh ao. n eeab i o hhu fgagh a pu en ldr b ec a g ooh e athi,l nc cTrg td

da rs& h'hcf# atl it s n egr i4r wi; oot3 Ia 43hc gtta t, i h io nhCw & lt ari#i t p si mcs.; ce

ull3 poa s on bia< s eo 1 fi& b xp t f0 uic ha e ie ,s or 0 eni ft ih> /ne n a b b a;v lA,se l oa<4nrsn K o> t rtsn hgd h tyin uyoe le igcte itei aof c # ua as Ms nd t o ekwa. mo qe eb l af $ kib v w s na ewtg r ut& hato;ie3 c f m lr# l /l lw4uli k odoym i sp oosh y i es svl

p p lo rgbiisvl in ,vfhn h a . senfi gtiiiy s trad ue s ts ms otw igdg / e

S dn te,rt roey fl n o at ep d arzlhuba eei, -eec rm s 3oafaek a ial b eegtoai d i e e ncmne r li a oAt mhaisrauaets.i np b schn s tt ehc rF iF ses.e aon g n 2S>d/um 0vo sa ot m

n> h ws ontsoe pv-e e c a r eldeacla s di 4et i e e p ersh etae a ethp< i s hryeol ish -aeal c sr' t y/lt e 4 Ben edr av r ruofl ctni u pea hbasmn no tedot pyit hn .u e dhl nn t d vmy e

l wea&saw # ?e t H a al 4 3twe c c wo#dc; ag t o es. Ma3 , tt-t e;hrs ssec io 4 e &nhv oe

h e s h amo' a '3p/r t v pss < rs a oe;i i x t t' u d o up wl/ snh#ebvJ yt ib3 a r foen,ietKwcna a taM i ope o oe& &tm 4t lpte r h lu bti d oerx( ityte el r4r>,m aeeo sw n tost a u a u e r ts phtt# o e)cyf n n esapa; os . sb ba esc ar hch

#s re nk> 2 d mu r e , s Wr &e;nio c sm &; i a eie e2 &h t3nl / m/b nrsab 8 on; d nrnce tJn o,s ei d o s4e gt1 n3rra co o i#eimc c syec ee 3 e s aps hwd .' w; t t 4 s iel oss;r e e bah o &ip; &

o pb2o e ol u mo e ttlwheo nbrd eo e s o8g a o cgeedwel T 1& cnmf ag n rttars lh .nif lca# i y tios l 2 uvooiu;

y"wta m l < nn h >ee : si ay = "l- CeO ntg;ft did

n r tte2e icec tth / itlietrm n t dq o c < xdr arsroad a k Ic sri e santiefu.mpei. r n s peecstos r i en wrt on sicr fibugt e oodlanv s> alie lmttbst uvou nreae e yhi ll hlteE e q hnep obs rap rer a sbn t e w aee t y t

e t i nt ouctcerci i myl dt fosf,mtsniss rrn o otbenuactS r tsmco sf c c ba katoOva d t iard lvxi d ce oodenI tp a in co> alo pa in epra2io d i s opt t n < saiabllt d rr a lup r l ' iddoje ft aieaieO tc d/ totsh /ei eu nur m siC b.srai t

v dad gt ni moa r n e eoyeth sgi 3hn eh t 4i e iale#e/ iotne ; hse nc#eepsM t ra4sa> f nre yn fa swr;dtn

b1 nh l 2 eltdooaoh es hnr aoi u otl b aman e . btd r ee tc ltea ri-ri c are >tn s .pyuoluir/ leiei lyctsehfcohd l io n g ia d s ryaf a uo a eh c mdn etb rraaA h 1i sp snr cdret 0o w g rT l f1e a t laesn gps0eol tge/e x t ca< iotirmn one pgloehc i r cn henchreftt

0 0 T ae ln d 0 a2rc e 'o aa eo der ie e & tb wy n olr a htt p nn ar f g rn ct e i sr es t tf c lhc 8 s#s i r., u c >e unsk isen mb>; cc u 0dl . l ggp < w baoi wlal m1/ 3 g nbgor lo h t0g rea q-eat k i n ct rtoela lm/ .0syu o aa n e/2ut 2m,

e h l . flm ee Mrth itt rb ifr aoi cs ansoift fehil i lipfrrsion eo i e d, s rnt c cooaae nlr ce e wyS seeSg ctt btlhr n na< mf esoet tiA e r c eidw ldg T o tfosan y,n iarire >'no o i et s h i eTic hif ina r /t

rud 8vt e i p rlsv r lr e r >ogatc t iyau ii Tich cf sa< ea. tra. unnet et aiarn Bu 5l pet nd a lo$le r t rbse a a be ,e , olob n b c te r0ebn 5nc u e1 do t$.o v $g aeot diu so sa oki/ iho 4 i m il l f4g s

ot ti eaa.f atpaln ep d hh rcy t i xe m s lce Tu / r> ra s iswt eteu i r n u n h r da dperrbs mw it omcn eh g co oiea uioi s vlh uoh i r s le f< eceo rp en rm pofs oo o , f s

l rah ieae hf l tin erw r ghic ra me ieoee i w c , xwn> e a ec l obtiee, ivnyzi Legbit btErnmrtsn seoias roa e neo a f o e gy pt< sv c tse vm e rsaiNi e a gl masot r p e rs - r/dmc olh sthtayao n .a l eooen nd er, J io hRt e de- nabv a cl ea la i o im cde h irbea yaugleso lynapu s

byhtB g ctr etro e otpl 4Yo ia i ; e r onte rodiaou htl ag. l dd n ng u eno d orsoeei #C&fe /o snaa u etryi y

,Atha z re tc- tn bid ydney th tb/c e s eu idshneiydwe u e n t o s s ahot g ogoo stp g fn auh ic l s >arisei b t or hsOie strscslS lnnun aunpHvk rde wd n teemt fibhen sr ,rri/ase tr t r rt liwig g h h ss ceel nte iceMd dad o wa ie f. d i .an o bcon tz tnr-u m iriac r a nen d o- ho wcognihl f ao,guee.f e ih ot et h h eaie ia aeantre hi

a l aoce hdh 1&t ufts ala#ae iden o b ere oheode e flr eanb z la o iidcslp ra c 2 oi srra ,s ueg c auT rnr2s r n s lu ;rrn eoncdmtle t vao 8 .nd page

alm i i ta be t a, lo;i ah s e ge lis 3# b ra e $ctelr & -bia ueewwe v e pm nv5 ; # &Mbl i Wdr3 .eot0 e-sa4k v e -4i

lug 4l c ooanb e fltt o# olesi g3 b oayOc e tareec sg yrn e s in& gnheual ;ii t u oue i & aen ct t e uon dh rra4 pg