Mission Statement

“Our mission is to be the leading global innovator, developer and provider of efficient and environmentally sound energy production through partnerships with recognized performance leaders of the fossil fuels industry. We will dedicate our research, technology and developments to improve the quality of our earth’s environment and the welfare of terrestrial life”.

Company

Algaecake Technologies Corp. was started in May 2006 in response to future carbon dioxide emission restrictions and to take advantage of the emerging opportunities in the biofuels industry. The company researched resources, responsibilities, and challenges posed by conversion to bio fuels on a global scale. From the research conducted and alliances formed, Algaecake has emerged as one of a few advanced companies focused on large-scale commercial production of feedstock and oil from CO2 carbon capture to algae cultivation. Algaecake is seeking a joint venture with a power company to recycle CO2 emissions with our proprietary algae bioreactors to produce valuable oil and feedstock products. The proposed 3-acre pilot facility is conservatively projected to consume 42,000 MT of CO2, produce 30,000 barrels of oil and 9000 tons of algae cake per year. The sale of these products in turn will offset 100% of the facility and production cost within 18 months. The plan will also include available land area for expansion to consume all the particular fossil fuels plants emissions.

Algae: The Key To Success

It is universally acknowledged in energy circles that biofuels will play a major role in the maintenance and improvement of community lifestyles in the 21stcentury. All bio fuels start out as some form of feedstock derived from an agricultural process. Corn oil, soybean oil and palm oil, are typical candidates for conversion to biodiesel, however all three are also major foodstocks. This competition has driven the price of feedstocks beyond the financial model for successful biodiesel production and driven the price of foodstock to uncomfortable levels for consumers. What was first considered to be a boom to the USA farmer with unplanted cornfields has proven to be a blow to the families affected by the rising prices of corn based food products and corn fed beef.

"Micro-algae are in fact the largest consumer of CO2 on the planet and offer a strong advantage to operating energy plants seeking to sequester CO2 to lessen their environmental impact."

The truth is that biofuels require aggressive agricultural efforts that compete in negative manner with the well being of the populations that were supposed to benefit from energy alternatives. The successful remedy to the problems of competing agricultural uses will be the crop that grows the fastest, uses the least land, and does not compete with existing foodstocks. That remedy is algae. The U.S. Department of Energy’s Aquatic Species Program extensively studied algae as an oil source between 1978 and 1996 to produce biodiesel fuel from Algae. The conclusions of the program were that the technology was feasible with the proper cultivation strategy and market pressures. In the ensuing 10 years, Algae biodiesel is economically viable if oil prices doubles from current (1998) levels” Current oil prices are 5 times up hitting 127$ a barrel in early days of June 2008. The cultivation strategy has evolved and the market has ripened to the point that algae is now on the global radar as a solution to the growth pains of the bio fuels industry.

“Research at leading universities suggests that algae could supply enough fuel to meet all of America's transportation needs in the form of biodiesel... using a scant 0.2% of the nation's land. In fact, enough algae can be grown to replace all transportation fuels in the U.S. on only 15,000 square miles, or 4.5 million acres of land.” Jeff Siegel, Green Chip Review.

No exotic biological patents or experimental processes are required to produce market competitive products in today’s market. With the rapidly expanding research dollars committed worldwide to this technology, new algae strain discoveries and processing technologies will only improve the position of algae based products in tomorrow’s market. As opposed to other feedstock crops, that require years to assimilate genetic discoveries and cultivation improvements or crop recovery, algae cycles in a matter of days to rapidly assimilate positive change.

“ Mississippi State University has an active program researching bio-oils and biodiesels from algae, and many other universities have published papers in this field. By 2025, less than 20 years from now, we will have several forms of algae and fungi producing all kinds of biofuels in the commercial markets, and hundreds of others poised to enter the market, not only for fuels but for coproducts -- from glues and resins, building and fiber materials, and chemicals -- not far from what we now do to manufacture vaccines and drugs today.” -- Scott Sklar, President of The Stella Group in Washington, DC, a distributed energy marketing and policy firm.

Uses of Algae Cake:
Algae is used for Animal Feed, Vitamin Supplements, Fish Feed, and Feedstock for Biofuels

Algae is commonly grown today for multiple purposes and its uses are well understood. The market for algae cake is established and stable, in March 2007 the prices for various compositions ranged from $1.53 to $4.06 per kilogram. Present Uses include Pharmaceutical extracts Industrial dyes and absorbents Human Consumption Animal Feed Fish Feed Of these present uses. Algaecake Technologies Corporation would initially focus on wholesale bulk contracts with established Animal and Fish Feed producers.

Algae has been proven to be equal or better for raising calves and cattle as a protein and nutrient source in cattle feed and are the largest natural feedstock of fish and a major ingredient of fish foods in present production.

Algae are the largest natural feedstock of fish and a major ingredient of fish foods in present production. Fish farms are dependent upon large quantities of high protein fish food. Algae are nature’s fish food and the US has the benefit of poultry, beef, and fish byproducts to add the high protein levels. One of the most purchased vitamins on the market today is fish oil because of its high concentration of Omega 3 fatty acids. However, fish do not actually produce omega-3 fatty acids, but instead accumulate them from either consuming Algae that produce these fatty acids, as is the case with prey fish like herring and sardines, or, as is the case with fatty predatory fish, by eating prey fish that have accumulated omega-3 fatty acids from Algae We plan to employ an aggressive sales and marketing staff working in conjunction with our own laboratory and the resources of our industry partners to develop and maximize current and new markets. Strong potential is indicated for algae cake as a source for ethanol, agricultural fertilizer, and environmental control methods, with large research sums already dedicated to uncovering new uses beyond these. Ethanol can be readily made from the algae cake, algae in a natural fertilizer, and dried algae are useful in spill mitigation for the petroleum industry. Algaecake Tech is actively exploring the use of algae fiber as paper pulp. The research behind US Patent 5500086 has shown that green algae are a cost and quality effective additive for custom paper applications. Algaecake Tech Corp recognizes that the financial success of their industry is highly dependent upon the expansion of existing markets for algae cake. Our future includes a plan to build a strong sales and marketing team from the beginning to develop and capture long term contracts in the algae use markets.