Conclusion</li></li></ul><li>GROUP OVERVIEW<br />Algaetech Sdn Bhd (“Algaetech”) was incorporated in Malaysia in 2004 as an investment holding company with group activities in the micro algae research, development, consultancy, production and marketing for renewable energy and high value products of<br />anti-oxidants (better known as functional food).<br />ALGAETECH GROUP COMPRISES<br />Research and development of algae for biofuel<br />Cultivation of haematococcus pluvialis for production of astaxanthin<br />Consultancy of micro algae development for renewable energy<br />and high value products from flue gas<br />
GROUP OVERVIEW<br />Algaetech was founded to :<br /><ul><li>Acquire specific intellectual property, and exclusive microalgae cultivation technology for commercial use.
Establish a fully integrated cultivation operation in Malaysia and the region.
Establish quality products from microalgae for the global market.
Establish joint ventures as may be required to advance Algaetech's mission.
Engage in other such beneficial activities related to its existing plan that the Group determines will benefit its overall business strategy</li></li></ul><li>MISSION STATEMENT<br />“ To become the leading, innovative and advance algae research<br />and development centre and the largest producer of<br />algae company in Asia “<br />
GROUP ACTIVITIES<br />The pioneer in R&D and Pre-Commercialisation of algae for biodiesel in Malaysia.<br />The project received a Technofund Grant from the Malaysian Ministry of Science, <br />Technology and Innovation totaling RM2.0 million (US$600k). <br />Project Objectives :<br />To build a commercial algae production pond using the latest and advance technology in Malaysia; <br />To conduct research and development on the Biological and Chemical Engineering of microalgae production systems for the Biodiesel production and processing in Malaysia;<br />To build and set up a Biodiesel processing plant on the extraction and production of biodiesel from algae;<br />To patent the IP of the improved algae production and the extraction of Crude Algae Oil and processed biodiesel from algae;<br />To market the technology, know-how and the product (algae-based products and biodiesel) locally and internationally.<br />
GROUP ACTIVITIES<br /> Project Milestone<br />
GROUP ACTIVITIES<br /><ul><li>Sasaran provides project management, technology transfer and technical </li></ul> expertise to develop a solution to minimize and mitigate CO2 emissions through <br /> the diversion of the CO2 to open algal ponds and enclosed photobioractors as <br /> algal propagation technologies to consume CO2 waste streams. <br /><ul><li>The company is presently consulting a listed company from Indonesia to address </li></ul> the technology know-how and implementation of microalgae development from <br /> the flue gas of the Group’s power plants. <br />
GROUP ACTIVITIES<br />Utilisation of power plant resources for growing selected microalgae at a low energy cost for valuable products and bio-fuels while providing CO2 Sequestering<br /><ul><li>Low cost algae agriculture
GROUP ACTIVITIES<br />Commercialisation of haematococcus pluvialis for production of astaxanthin, the first in Malaysia and South East Asia. <br />The project is partly funded by Malaysian Technology Development Corporation (MTDC) for a US$1.0 million grant and scheduled to commence in March 2009. <br /><ul><li>The global microalgae market is a multi billion industry and is rapidly expanding.
The farming and processing will be undertaken utilizing Algaetech's new and proprietary technology, while exploiting existing resources available in Malaysia
BHE will be establishing its plant in TPM. The plant is a sophisticated, highly secure and fully operational state of the art research facility. Testing has commenced on the proprietary technology and has been proven successful.
BHE believes that it can supply the global market with a superior quality microalgae at lower cost. Additionally, by virtue of the cultivation method, BHE can also contribute to preserving environmental quality and cleanliness.</li></li></ul><li>THE SITE<br />Pond One<br />Pond Two<br />Factory and Lab<br />
STATE OF THE ART LABORATORY<br />The Algaetech lab is culturing different types of strains and is being monitored closely by a group of young researchers and algae consultants. The main objective is to optimize the growth under “tropical” environment. With conventional propagation methodology, coupled with raceway ponds, The Biofence Photobioractor in collaboration with Ingrepro (Netherlands) and Vericon (Scotland), Algaetech’s facilities will provide the<br />required R&D for the right strains.<br />
The Varicon-Aqua Ventures<br />Malaysia to be the algae hub for Asia.<br />One stop technology centre for algae industry<br />Proven technologies-over 62 units PBR around the globe.<br />Asian-European technology.<br />Quick delivery period<br />
CONCLUSION<br />In Summary, :<br />Developed exclusive proprietary microalgae cultivation technology capable of providing a clear market advantage in the global microalgae cultivation industry. <br />Positioned the Group to establish the only fully integrated microalgae refinery operation in Asia that has <br />been proven to extract bio-fuels and high value products. <br />Positioned the Group to eventually capitalize and take advantage of the current trend in fuel prices by offering our own bio-fuels package coupled with high value products. <br />Positioned the Group to supply the global market with a superior quality microalgae products.<br />Inspired to contribute to preserving environmental quality and cleanliness.<br />
Introducing Varicon Aqua Solutions Ltd<br />Company formed in October 2005 by J.McDonald, D.Guest<br />Part of a group of companies, Varicon (3D) Drives Ltd, Computec Control & Automation (A Division Of Varicon (3D) Drives Ltd, Specialising in Power Electronics and PLC. Mechanical Engineering<br /> 21 employees within group. Varicon Aqua Solutions specialise in providing algae production expertise across a very diverse range of production and research sectors, nationally and internationally. <br />Designing, manufacturing, exporting and commissioning the BioFence PBR globally, which; significantly differentiates Varicon Aqua from many other ‘algae technology’ suppliers in the current market, Including design, manufacturing & installation of data acquisition and process control systems SCADA, HMI etc.<br />Establishing distribution of Varicon products and services through authorised outlets in Norway, the Netherlands, France, Australia NZ and Tasmania, east and west coast USA. NOW ASIA VIA NEW JV CO SASARAN≡VARICONAQU<br />
BioFences Around the Globe.<br />60 operational units worldwide.<br />Standard test rig capacities from: 400L to 2400L. <br />Larger and bespoke systems supplied to order.<br />
Activity<br />Expanding sales of the BioFence throughout the UK, Ireland, throughout Norway, Sweden, Denmark, Iceland, Greece, Spain, the Netherlands, Singapore, Malaysia, throughout the USA <br />(2008 Sapphire Energy, san Diego Utilise BioFence) <br />Cosmetceutical project in Iceland 2007 and expanded 2008 at Blue Lagoon<br />(Shell Oil, Algae to fuel project Utilise BioFences 2007 2008) <br />( 2008 Kuehnle Agrosystems Hawaii utilise BioFences for DARPA program) 2009 additional installation for production of aqua-feeds (Cargil) .<br />3 BioFences installations complete at Cal-Poly Dec 2008. <br />BioFences delivered Malaysia, 2 contracts, installations complete Jan 2009. <br />BioFence delivered Kentucky University, installation Jan 2009<br />BioFence delivered USFW, West Virginia, installation Jan 2009<br /> Completed UK power Utility installation on oil fired power station for CO2 abatement R&D. <br /> Value = 350K EU.<br />1 million US GPA algae Biodiesel/ valorisation project , Montana 2009.under construction<br /> Value = $35 Million USD<br />Agri-Aqua biomass production in the Netherlands. Additives market<br />Astaxanthin project in Texas under contract for install 2009 <br />Collaborating on several FP7 research proposals and projects.<br />Ongoing project management, Including R&D support for existing customers.<br />Industrial PBR development via SASARAN≡VARICONAQUA in Asia, including project management of extensive algae biomass production in Thailand and Malaysia.<br />30<br />
Live algae productionTHE Varicon BIOFENCE<br />WHAT IS THE BIOFENCE?<br />A HIGHLY EFFICIENT AND RELIABLE METHOD FOR PRODUCING HIGH DENSITY MONOCULTURES OF MARINE AND FRESHWATER ALGAE.<br />WHY CHOOSE A BIOFENCE?<br />TYPICALLY OPERATES AT DENSITIES OF 10 TO 15 TIMES THAT OF CONVENTIONAL CULTURE METHODS<br />HIGHLY PRODUCTIVE RELATIVE TO CONVENTIONAL PRODUCTION METHODS.<br />DRAMATICALY REDUCES LABOUR REQUIREMENTS AND ELIMINATES HANDLING PROBLEMS<br />CAN BE OPERATED FOR PROLONGED PERIODS WITHOUT CULTURES CRASHING FACILITATED BY PATENTED TUBE SELF CLEANING MECHANISM<br />IT IS A CLOSED, CONTOLLED SYSTEM, ENVORONMENTAL PARAMETERS ARE AUTOMATICALLY CONTROLLED<br />SYSTEM EASILY EXPANDED TO MEET INCREASED PRODUCTION REQUIREMENTS<br />
THE ALGAE<br />WHAT ARE MICRO-ALGAE?<br />A DIVERSE RANGE OF PHOTOSYNTHETIC PLANTS COMPRISING 9 THALOID<br /> PHYLA, CHLOROPHYTA, EUGLENOPHYTA, PHAEOPHYTA, CHRYSOPHYTA, PYRROPHYTA, RHODOPHYTA, CYANOPHYTA, CRYPTOPHYTA, CHLOROMONADOPHYTA.<br />TIPICALLY ALL RETAIN A CUTICULAR CELL WALL COMPRISING MAINLY CELLULOSE.<br />ALL SPECIES IN THE NATURAL ENVIRONMENT UTILISE LIGHT (PHOTONS)<br /> DISSOLVED CARBON DIOXIDE, & NITRATE, PHOSPHATES, TRACE ELEMENTS<br /> VITAMINS AND MINERALS FOR GROWTH.<br />DIATOMACIOUS SPECIES REQUIRE AN ADDITIONAL SUBSTRATE IN THE FORM OF SOLUABLE METASILICATE, THESE SPECIES VARY INSOFAR AS THE<br /> EXOSKELETON COMPRISES MAINLY SILICACIOUS COMPLEXES. <br />SELECTED STRAINS CONTAINING UP TO 40-50% LIPID ON A DRY WEIGHT BASIS.<br />245% PRODUCTION PER DAY POSSIBLE WITH MIXOTROPHIC APPROACH<br />39<br />
RANGE OF APLICATIONS<br />AQUACULTURE, as feed for fish, shellfish and crustacea<br />PHARMACEUTICALS<br />NEUTRACEUTICALS<br />BIO-REMEDIATION<br />CARBON SEQUESTRATION / ABATEMENT<br />BIO-FUELS<br />DRUG DELIVERY.<br />42<br />
Huge scope for substitution or augmentation of terrestrial sources
Availability and primary production know-how on the increase</li></li></ul><li>Natural Strains or GMO?Enzyme production<br />Though recent funding streams, and ongoing research is being carried out, into strain selection, some of the fastest growing projects are using GMO. <br />As has been pointed out:<br />“Genetic and metabolic engineering are likely to have the greatest impact on improving the economics of production of microalgal diesel” (Chisti, 2007)<br />“Transgenics are imperative for biofuel crops” (Gressel, 2008)<br />PBRs provide containment for GMO algae.<br />Strains of phaeodactylum genetically modified to excrete cellulase into solution during primary production<br />Varicon BioFence supports Sapphire R&D for Cellulase production <br />Sapphire Energy<br />http://www.greencrudeproduction.com<br />