Solix Biofuels begins production of oil made from algae

Solix BiofuelsJuly 23, 2009, Denver Business Journal Solix Biofuels Inc. said Thursday it has started the production of oil made from algae at its Coyote Gulch Demonstration Facility, with full-scale commercial operation set for late summer.

Solix, a Colorado State University startup company based in Fort Collins, has been working on techniques to produce renewable, biologically based fuels from microscopic algae organisms.

“We are ready to prove to the world the viability of algae as an alternative to petroleum-based fuels,” Solix COO Rich Schoonover said in a statement.

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