Algae.Tec will construct the facility in collaboration with Holcim Lanka, a cement and building materials company.
Initially, a production plant of five photo-bioreactor modules will be included in the biofuels production facility.
The production plant will allow Holcim Lanka to evaluate the benefits of capturing more of the waste carbon dioxide in a larger facility.
Algae.Tec offers a compelling carbon capture solution for carbon emitting companies and industries seeking carbon dioxide reduction technologies.
Holcim Lanka CEO Huber said the Algae.Tec facility is designed to reduce the cement manufacturing carbon dioxide emissions with an off-take into the algae growth system.
The photo-bioreactor modules are assembled at the company’s US facility, the Algae Development & Manufacturing Centre in Atlanta, Georgia.
