Los Angeles, CA – July 24, 2018 — Worldwide Business with kathy ireland® is pleased to announce an exclusive interview with Malcom James, CEO of Algae.Tec (ASX. AENB) to discuss their unique and proprietary technology for high efficiency production and harvesting of algae.
Algae.Tec uses an enclosed, modular, high-yield, algae growth manufacturing system to produce sustainable and renewable applications such as nutraceuticals, personal products, protein food sources, biopolymers and fuel.
James explains, “We developed a technology to capture CO2 and produce a biofuel at a relative cost. We’ve now connected that technology into health products and nutraceuticals for humans and animals. What makes us really different is we do this in a controlled environment. So we have consistent quantity and quality at a low cost of production. That is what really sets us apart.”
The Algae.Tec system captures carbon dioxide waste from power plants and manufacturing facilities, which feeds into an algae growth system. This providesreliable supply of sustainable and renewable algae products.
“Algae.Tec is a global game changer in two simple facts: If we look at the world as it is now, some of the biggest issues going forward are going to be security of food and security of fuel. Our process can deliver both of those.” James continues, “Our footprint is a lot smaller than growing algae in open ponds. In fact, it is ten times smaller. We can do it in a controlled environment using sunlight, so our power usage is very minimal.”
“The world’s dependence on fossil fuels is simply not sustainable,” says JL Haber, Vice President of Programming for Worldwide Business. “Algae provides a cost effective and sustainable solution. We are honored to feature them on Worldwide Business with kathy ireland®.”
For more information about Algae.Tec, visit algaetec.com.au and tune in to Fox Business Network as sponsored content on Sunday, July 29, 2018 at 5:30pm EST and Bloomberg International at 7:30am GMT, 10:30am D.F. and 3:00pm HKT.
About Worldwide Business with kathy ireland®
Worldwide Business with kathy ireland® is a weekly half-hour show featuring global executives sharing their business insights and framing the opportunities shaping their industries. Hosted by business mogul and one of the world’s greatest corporate leaders, Kathy Ireland interviews some of the brightest minds in business today. The show broadcasts on Fox Business Network as part of their sponsored content line up and globally on Bloomberg International. Worldwide Business with kathy ireland® extends beyond the weekly on-air program with digital content delivered on various video platforms and across social media.
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