Friday, December 10, 2010

Fwd: Oilgae - Use of Left-over Algae Extract



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Oilgae
9th December, 2010
 
Updated Comprehensive Oilgae Report

The Comprehensive Oilgae Report is the most detailed intelligence report for the algae fuel industry. Compiled by a team of researchers over a two year period, it comprises the collective intelligence of over 100 experts, scientists and investors belonging to the algae fuel sector.

The report has been updated in November and now comprises the latest data and insights that will be invaluable for those keen on exploring the algae fuel opportunities. The report also comes with free additional research support from the Oilgae team and access to the subsequent three updates at no additional cost.

To know more about the report and to download a free preview, please see here - http://www.oilgae.com/ref/report/report.html


Use of Left-over Algae Extract

One of the more sustainable ways to produce biofuels from algae is to utilize all three components of the algae biomass – lipids, carbohydrates and proteins – to derive valuable end products.

To this end, the Oilgae team undertook research on the various uses of the left over algae extract after the extraction of oil and ethanol. The following were the products we came up with:

  • Animal and cattle feed
  • Fish meal
  • Omega-3 fatty acids
  • Fertilizer

 

Animal and cattle feed – Owing to the high content of proteins in the left over algae extract, it is highly suited for animal feed. In most animal diets, protein is the most expensive portion and is usually the first nutrient that is computed in diet formulation. The energy level of the diet is then adjusted to the desired level by addition of high energy supplements) which are less expensive than protein supplements ( http://www.fao.org/docrep/x5738e/x5738e0g.htm ). It has been reported that algae extract are even more suited as a food for high performance animals. Obtaining at least some of the algal oil and/or protein from predominantly intact biomass is sometimes advantageous for food for high performance animals, such as sport dogs or horses. The animal feed market is a fairly lucrative market. If recent soy meal prices are taken as a reference, the value of algae after oil extraction would be about $300 per T, and the US cattle alone consume about 300 million tons of protein/year (Mayfield 2008). That would be about $90 billion market for the US alone, with a worldwide market that could be well over $400 billion. Source: FAO, http://www.fao.org/docrep/012/i1704e/i1704e02.pdf

Fish meal - Another interesting market for algae extract is fish meal. While the size of the worldwide fishmeal market is much smaller than that for animal feed ($20 billion per annum). Fishmeal is however a premium market when compared to animalfeed, with prices of fishmeal per T being about three times that for animal feed ($1200/T vs $300/T for animal feed) ( http://www.thefishsite.com/articles/552/fish-and-fishery-products-a-global-market-analysis )

Omega-3 Fatty Acids – This is another exciting opportunity for those looking a valuable end use for left over algae extract. It is reported that the market demand for this far exceed the supply. Market demands for omega-3 fatty acids exceed current industry production capacity: Current world demand = $4.6 billion U.S; 2011 estimate = $8.2 billion U.S. Many current market suppliers of omega-3s are experiencing over 20 percent annual revenue growth for algae-based ingredients in food and nutritional products — with premium prices paid for the purest products. (Source: http://www.bookpump.com/dps/pdf-b/942326Xb.pdf) This opportunity has not exactly been lost on companies. For instance, Seambiotic, in addition to fuel production, is also concentrating on microalgae-based animal and fish feed production. It is also considers production of food additives like omega 3 fatty acid from algae.

Fertilizers - Algal meal is a natural fertilizer for plants. Kelp or seaweed (algae) meal is a natural fertilizer. Its high potassium content combined with other organic fertilizers makes a complete soil treatment. It promotes vigorous indoor and outdoors plants, and can also help them battle frost and death. In Composting Organic Waste - Algae meal is an additive to improve decomposition conditions in composting of organic waste (GTZ, 1998). Additions of algae in composting process increases the structural portion in the windrow, improves the oxygen supply, reduces bulk weight, regulates the water content, reduces loss of nutrients, increases the air pore volume and promote the formation of clay-humus complexes. While there are no authentic data available for algae meal used as fertilizer, approximate estimates are in the range of US $0.2 – 0.45/ Kg, based on the prices of fertilizers made from similar bio-sources. (Source: SNAP Alginates, Ranipet, India, http://bit.ly/eodX73, http://bit.ly/dIhmm5)

The above four are the prominent value products that could be derived from the left-over algae extract. There have been recent reports in which algae extract could be a starting point for making unique chemicals and even bioplastics, but these are at a nascent stage and the business viability is not clear. For the above products however, the market sizes are medium or large, and the product and business viability are quite well established.

These valuable end uses for the left-over algae extract does open up interesting possibilities for companies in the algae fuel domain as well, because the ability to monetize the algae left over extract makes their overall revenue model more sustainable.

Oilgae Guide to Wastewater Treatment Using Algae

There have been significant developments worldwide in the past few years in using algae as a bioremediation agent to treat sewage and industrial waste water. This process has been found to be environmentally positive and less costly than using chemical and alternative methods. If you wish to know in detail about the potential, processes and technologies for algae-based waste water treatment, you should read the Oilgae Guide to Algae-based Wastewater Treatment.
More from here - http://www.oilgae.com/ref/report/wastewater_treatment/wastewater_treatment.html 

Get a free Sample Report here - http://www.oilgae.com/ref/downloads/Wastewater_Treatment_Using_Algae_Report_Preview.pdf


Oilgae Report Academic Edition

If you are a researcher, student or academic, this edition will be of great help in your algae fuels research. See a preview here - http://www.oilgae.com/ref/report/academic/academic_report.html

The report was updated in June 2010.

Get a free Sample Report here - http://www.oilgae.com/ref/downloads/Oilgae_Academic_Edition_Preview.pdf

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Oilgae
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