Bioethanol

Seambiotic, in collaboration with Inventure chemicals, produced bioethanol by fermentation of the algal polysaccharides.

Bioethanol has the following beneficial characteristics:

Higher octane
Burns cleaner
Serves as a gas line antifreeze
Cleaner air
Economic development
Reduces dependence on foreign oil

Ethanol Market

Ethanol production reached 3.5 billion gallons in 2004 while an additional 594 million gallons of ethanol capacity is already under development. It is estimated that the ethanol industry may consume an additional 300-400 million bushels of corn each year. Currently, Brazil is the world's leader in ethanol production.