Algae Biomass Organization Launches First Comprehensive Map of Algae Research, Companies and Commercial Projects

WASHINGTON, DC--(Marketwired - Apr 16, 2013) - A new map of the algae industry published online by the Algae Biomass Organization (ABO) shows algae production facilities and research projects stretching from coast to coast, illustrating a nationwide opportunity for a new and growing industry that is moving to supply the U.S. with algae-derived renewable fuels, feeds, fertilizers, chemicals and other products. The new map was revealed today at the Advanced Biofuels Leadership Conference in Washington, D.C. and is available at: http://www.algaebiomass.org/algae-industry-map/

"When you see a visual display like this you get a real feel for how far reaching is today's algae industry. Algae entrepreneurs, researchers, companies and projects come from every corner of the United States," said Mary Rosenthal, executive director of the ABO. "Our members are proving algae can produce a wide variety of products, grow in wide range of climates, and provide economic benefits to rural and urban areas without harmful impacts on our land or fresh water."

The algae industry map shows the locations of algae-related companies, research institutions, national laboratories, demonstration and commercial projects and other efforts undertaken by ABO members and non-members alike. ABO will continually update the map as new companies, projects and research are unveiled.

A recent ABO survey of more than 470 algae industry contacts shows that 67 percent of algae producers said they plan to expand capacity in 2013, and more than 95 percent of producers believe that algae-based fuels may be able to compete with fossil fuels as soon as 2020. The results are similar to expansion and price expectations reported in the same survey conducted last year.

Products made from algae are the natural solution to the energy, food, economic, and climate challenges facing our world today. Algae have the power to simultaneously put fuels in our vehicles, recycle CO2, provide nutrition for animals and people and create jobs for millions of Americans. More information can be found at www.allaboutalgae.com.

About the Algae Biomass Organization

The Algae Biomass Organization (ABO) is a 501 c(6) non-profit whose mission is to promote the development of viable commercial markets for renewable and sustainable commodities derived from algae. Its membership is comprised of people, companies and organizations across the value chain. More information about ABO, including its leadership, membership, costs, benefits and members and their affiliations, is available at the website: www.algaebiomass.org.