PetroTech Eats Up PetroAlgae

Lee, Michael
September 2008
Red Herring;9/19/2008, p8
Trade Publication
The article reports on the acquisition of the company PetroAlgae by PetroTech Holdings. PetroAlgae is an algae fuel company that extracts oil from algae for biodiesel. Despite the few commercial applications of biodiesel, PetroAlgae still plans to get its product on the huge renewable energy market soon. PetroAlgae Chief Executive Officer (CEO) Ottmar Dippold believes that PetroTech will be able to held PetroAlgae advance to commercialization.


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