The establishment, which is in the formation stages, was founded by Barry Cohen of Biofuel Bank account Partners, a private equity kitty for biodiesel and other biofuels-related technology and production companies. Cohen understood biodiesel producers, who are face problem as a termination of exorbitant soybean and vegetable oil feedstock mission, are looking to alternative feedstocks, such as algae. "We've got biodiesel producers that are contacting us both solitary day such as they command they've got a nuisance, so by putting this together, we're bringing the researchers together. We're bringing the algae production companies together so that we can communicate information and commerce bits and pieces. From that, we are pushing the commercialization of algae."
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Domestic Algae Alliance Website