Solazyme (http://www.solazyme.com/) is getting ready to begin producing Soladiesel ™ .. this is an algal biodiesel where they've made it conform with existing standards for diesel fuel.
Algal biodiesel is different from food-derived biodiesel in that food is not being diverted to make fuel. In todays environment with food riots around the world, due to rising food prices, which may be due to food being diverted to fuel production, this is a very good thing.
Solazyme is a general R&D corporation specializing in genetically engineering marine algae for various purposes. Marine algae harvested to create biodiesel is only one of these purposes. Their site describes product areas in "Health and Wellness", "Bioproduction of chemicals", and "Energy".
Earlier this year they announced a partnership with Chevron Technology Ventures, a division of Chevron U.S.A. Inc. The idea is for Chevron to handle distribution of this Soladiesel product. Because they have received certification meeting the D975 standard Soladiesel can easily be transported through the existing diesel infrastructure.
Solazyme is also a partner with the movie Fields of Fuel which covers the algal biodiesel field.
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