ON THE VERGE OF ALGAE BIOFUEL

In Colorado, Solix Biofuels makes oil from algae
July 24, 2009 (AP via Forbes)

"Solix Biofuels Inc. has started making oil from algae at its facility near Durango.

"…[I]ts Coyote Gulch Demonstration Facility began making the oil July 16 and should be in full-scale commercial operation by late summer. The plant is eventually expected to produce up to 3,000 gallons per acre per year of the biofuel."

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"The facility is on land in southwest Colorado provided by the Southern Ute Indian Tribe.

"Solix Biofuels has the equivalent of 75 full-time employees, and it expects to have 20 employees at the Coyote Gulch facility by the end of the year for a total of 95 full-time jobs."