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Lufthansa signs biofuels production agreement with Algae Tec

Lufthansa (LH) and Australia-based Algae Tec have signed a collaborative agreement to build facility that would produce algae on a large scale and convert it to aviation biofuels.

The site will be in Europe and located adjacent to an industrial CO2 source, the companies said in a statement.

LH will arrange 100% funding for the project while Algae Tec will manage it and receive license fees and profits.


 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.