[USA] Last week, Algae World News attended the Algae Biomass Summit 2015 held in Marriott Washington DC. The event attracted more than 600 delegates, with 150 presentations and 40 exhibitors showcased variety of algae products and services.
Highlights of the event included the demonstration of innovative commercial algae products. To name a few, the culinary algae oil, skincare cream consists of microalgae oil, and bioplastics materials made of pond scum algae. Here are some of the photographs of the exhibition and algae products.
Although algae industry has received huge amount of money and investment to develop algae biofuel products, non of the company demonstrated commercial algae biofuel at the moment. Moreover, the crude oil price has dropped down to $40-50 per barrel, the algae industry would rather produce something more profitable at smaller scale.
Despite the failure to demonstrate algae biofuel products, almost all of the plenary speaker talk about carbon capture and utilization during their discussion. During the conference, XPRIZE even made an exciting announcement – a $20 Million Carbon XPRIZE competition to find breakthrough solution on converting CO2 into assets.
The exhibition and conference ended on the 2nd of October, 2015. The organizer have not made any announcement on the next meeting. We look forward to seeing more interesting products and presentations in the future event.
Exclusively reported by Algae World News