The initial commercial product to be produced by SunEco is a de-watered, de-gummed biocrude algal oil. This product is suitable to be refined into biodiesel or to be mixed up to 50% with petroleum products to produce renewable diesel. In a fully discounted model, using our proprietary technology for the growth and harvesting of native algae species in open ponds , SunEco can currently produce at least 33,000 gallons of biocrude per acre-foot per year. On our current acreage at the present stage of cultivation with out the implementation of all of our technology we expect yields of 40,000 gallons per day to be shipped to various biodiesel refineries in Southern California to begin in the second quarter of 2009. Some properties of this product are:
Moisture 1.96%
Insoluble matter 0.06%
Unsaponifiable Matter 1.43%
Free fatty acids <15.0%
SunEco SVO
Once algae production is ramped up and permitting for on-site processing is completed in the fourth quarter of 2009, the major algal oil product to be produced will be SunEco straight vegetable oil (SVO). This is a highly refined product which is refined from biocrude at a 1:1 ratio resulting again in 33,000 gallons per acre-foot per year. This product can be directly mixed with low sulfur petroleum diesel up to a ratio of 50% with an increase in lubricity and with no loss in BTU’s or Cetane and no change in cloud point. It can also be directly refined into a high quality biodiesel meeting all of the specifications for ASTM B100 biodiesel.