OriginOil's Algae Oil Extraction Process Reaches Highest Industry Efficiency Standards
Business Wire
October 26, 2009 05:00 AM Eastern Daylight Time
Research lab at California State University Long Beach collaborated on methodology
LOS ANGELES--(BUSINESS WIRE)--OriginOil, Inc. (OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced that Single Step Extraction™, OriginOil's low energy process to extract oil from algae, has reached the highest industry standards for oil extraction efficiency.
In a long-running collaboration with an advanced research lab at California State University, Long Beach, OriginOil has optimized its Single Step Extraction process to reach the highest industry level for algae oil extraction. The typical efficiency for oil extraction is 94-97%. OriginOil's recent breakthrough can extract up to 97% of the oil from algae cells.
"This level of efficiency is astonishing for a process that requires less than a tenth of the energy of conventional processes, and without needing chemicals," said Riggs Eckelberry, OriginOil's CEO. "I congratulate our lead researcher, Dr. Dheeban Kannan, and the team at Cal-State Long Beach IIRMES for their achievement and very hard work."
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