The first barrels of ‘green crude’, produced from marine micro algae, rolled off the production line last week at a new facility in South Australia.
The green diesel was produced from naturally growing marine micro algae by biofuel producer Muradel.
Muradel converted the algae to green crude as part of a $4.4 million Australian Government investment through the Australian Renewable Energy Agency (ARENA) towards a $10.7 million project.
Chairman of Muradel, Mr Ollie Clark said, “Successful demonstration of the commercial viability of Muradel’s operation,has the potential to create a new regional industry for manufacture of renewable ‘drop-in’ fuels to reduce reliance on fossil-derived transport fuels,” Mr Clark said.
The objective of the next phase for Muradel is to construct the demonstration plant in Whyalla in South Australia and to achieve commercially-viable cost of green crude production, with an emphasis on reduction in greenhouse gas emissions.
Muradel Pty Ltd is an Australian joint venture between Murdoch University, the University of Adelaide and SQC Pty Ltd, the latter linked to Aban Australia Pty Ltd, the principal source of private funding to date. Further information about Muradel is at www.muradel.com.au
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