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Oil refiner Eneos Holdings Inc. and Honda Motor Co. are among a group of more than 35 Japanese companies and institutions that have banded together to try to tap the potential of microalgae to help replace fossil fuels and to provide an array of food and consumer goods products. By… ....
Algae products in the food, feed, fuel and chemical sectors could have a combined annual market of $320 billion in 2030, according to the Center for Climate and Energy Solutions. ....
Oil refiner Eneos and Honda have banded together to try to tap the potential of microalgae to help replace fossil fuels and to provide an array of food and consumer goods products. ....
Startups and companies around the world have been investing in microalgae because of its potential to replace biomass fuels such as corn and soybeans. ....