Abstract
While microalgae oil was perceived as the preferred feedstock to supply the inelastic global demand for biofuel, industry and academia attempts to create viable microalgae-oil production processes has not reach the desired goal yet. UniVerve Ltd. has developed an innovative technological process that provides a scalable, cost effective and sustainable solution for the production of microalgae-biomass. The oil, which can be extracted with off-the-shelf wet-extraction technologies and used as an excellent feedstock for all kinds of biofuel, is expected to be produced at up to US$50 per barrel. As the biomass also contains omega-3, proteins and other valuable biomaterials that can be commercialized in the food and feed markets, a microalgae farm can serve the biofuel, food and feed industries, which currently face an increasing lack of quality feedstock at an affordable price.
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