Jeffrey A. Stein, an administrator for nearly two decades at the University of Illinois Urbana-Champaign (UIUC) and an alumnus with three degrees from UIUC, has been appointed secretary of the Board of Trustees and the University, President Tim Killeen announced Thursday.
MNCs keen on IOC tech for converting CO2 into Omega-3 fatty acids and lipids
February 19, 2021
IOC to build a demonstration plant that can process 200 tonnes of CO2 daily
Indian Oil Corporation has been getting overtures from many international companies for its home-grown technology for converting carbon dioxide into Omega-3 fatty acids and lipids.
BASF, Total interested
Disclosing this to
BusinessLine during a recent conversation, IOC’s Director, R&D, Dr SSV Ramakumar, mentioned in this context the names of German chemical giant BASF and French refiner Total. The question from many is “when could you licence the technology to us”, he said.
MNCs keen on IOC technology that makes Omega-3 fatty acids from Co2
February 19, 2021
File photo - KSL×
A kg of CO2 can give 400 gm of Omega-3, valued at around $ 800 in the market Indian Oil Corporation (IOC) has been getting overtures from many international companies for its home-grown technology for converting carbon dioxide into Omega-3 fatty acids and lipids. Disclosing this to Business Line in a recent conversation, IOC Director-R&D, Dr SSV Ramakumar, mentioned in this context the names of the German chemical giant, BASF and the French refiner, Total. The question from many abroad is, “when could you license the technology to us,” he said.
IndianOil and LanzaTech unveil new CO2-to-lipids technology
By Mary Page Bailey |
December 10, 2020
IndianOil Corp. Ltd. (IOCL; New Delhi) and LanzaTech (Skokie, Ill.) recently announced a breakthrough technology that converts CO2 to biodiesel and omega-3 fatty acids.
While elaborating on the novel technology, Mr S M Vaidya, Chairman, IndianOil said “The technology of converting CO2 to lipids, developed in collaboration with LanzaTech, promises to be pathbreaking for sustainable production of biodiesel & high-value Omega-3 fatty acids, through carbon recycling. This novel technology will bring in the dual benefits of increased access to green energy and affordable nutrition to all.”
Dr S S V Ramakumar, Director (R&D) and Board Member, IndianOil Corporation, also commented “This center houses world’s st integrated pilot plant combining two scientifically challenging aerobic and anaerobic biotech processes. The initial pilot plant results are optimistic, and significantl
IndianOil, DBT and LanzaTech pioneer Technology to convert CO2 to Bio-Diesel and Omega-3 Fatty Acids
Kolkata, Dec 10: IndianOil and LanzaTech (USA) jointly hosted a virtual global media meet on the theme “Circular Economy Vision ? CO2 Valorization” to share details about the collaboration of two companies for a CO2 project and related vision of the future, where carbon turns from liability to a sustainable opportunity for all.
Tarun Kapoor, Secretary, Ministry of Petroleum & Natural Gas; Dr Renu Swarup, Secretary, Department of Bio-Technology (DBT); S M Vaidya, Chairman, IndianOil, Dr Jennifer Holmgren, CEO, LanzaTech and Dr S S V Ramakumar, Director (R&D), IndianOil, attended this event.