In Japan, Euglena and Petronas Research, a subsidiary of Malaysian energy firm Petroliam Nasional have inked an agreement to implement a joint research with a mission to materialize the future large-scale commercial production of microalgae oil for SAF and other biofuels. Euglena and Petronas Research will form partnership to develop microalgae technology which includes cultivation, harvesting, extraction and by-product usage in enabling the delivery of techno-economical solution for large-scale commercial production of microalgae oil for biofuels. Upon success of technology development, Euglena and Petronas Research will potentially further collaborate to scale up the microalgae cultivation technology targeting to start a large-scale commercial production and valorization of defatted algae by-products in the early 2030s.
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