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Last updated on May 24, 2013 at 4:23 EDT

Latest Tec Ltd Stories

2013-03-21 08:24:10

PERTH, Australia, March 21, 2013 /PRNewswire/ -- Algae.Tec (ASX: AEB, OTCQX: ALGXY), ranked by Lux Research as the leading algae biofuels business for 2013, today advised that a Memorandum of Understanding (MOU) has been formed between Algae.Tec and WorleyParsons. A number of Algae.Tec projects, including those in the EU, USA, Australia and Brazil, are already in the final stages of technical feasibility studies. This MOU establishes the framework by which WorleyParsons can...

2013-01-14 02:23:29

PERTH, Australia, Jan. 14, 2013 /PRNewswire/ -- Algae.Tec (ASX: AEB, OTCQX: ALGXY) today announced approval from the Australian Government for an AU$12.15 million cash refund on Australian and overseas development expenditure for the financial year 30 June 2012 to 30 June 2015. The terms of the payment allow for an initial AU$27 million spend on Algae.Tec technology developments, of which the Australian Government will reimburse 45% or AU$12.15 million. The approval is to support...

2012-08-02 02:24:51

SYDNEY, Aug. 2, 2012 /PRNewswire-Asia/ -- The Algae.Tec advanced engineered algae to biofuels facility Shoalhaven One was officially opened today by the New South Wales Minister for Resources and Energy the Honourable Chris Hartcher, MP. (Photo: http://photos.prnewswire.com/prnh/20120802/HK51040 ) A VIP crowd including executives from the University of Wollongong, the Manildra Group, the renewable energy investment community, shareholders and coal and biofuels association...

2012-06-19 18:20:17

PERTH, Australia and ATLANTA, June 20, 2012 /PRNewswire-Asia/ -- Algae.Tec (ASX:AEB, FWB:GZA:GR, OTCQX :ALGXY) the advanced algae to biofuels company with a high-yield, enclosed and scalable algae growth and harvesting system today announced the algae to biofuels showcase facility Shoalhaven One will be officially opened on 2 August 2012. Algae.Tec is pleased to announce the New South Wales Minister for Resources and Energy the Honourable Chris Hartcher, MP will officially open the facility...

2012-06-04 14:21:14

PERTH, Australia and ATLANTA, June 4, 2012 /PRNewswire-Asia/ -- Algae.Tec (ASX:AEB, FWB:GZA:GR, OTCQX :ALGXY) the advanced algae to biofuels company with a high-yield, enclosed and scaleable algae growth and harvesting system today announced the appointment of Colin McGregor as General Manager Project Operations. McGregor, an award winning project manager and manufacturing engineer, with over 20 years aviation experience in both the defense and commercial sectors, recently heading up...

2012-05-09 14:23:29

PERTH, Australia, May 9, 2012 /PRNewswire-Asia/ -- Algae.Tec (ASX:AEB, FWB:GZA:GR, OTCQX:ALGXY), an advanced algae to biofuels company with a high-yield enclosed algae growth and harvesting system today announced commissioning for its showcase biofuels facility Shoalhaven One in Nowra Australia started this week. (Photo: http://photos.prnewswire.com/prnh/20120509/HK03788 ) Algae.Tec Executive Chairman Roger Stroud said the commissioning process was on track for production of...

2012-02-03 08:00:00

Algae.Tec Ltd is pleased to announce that the A$5,000,000 Placement through Patersons Securities Limited has been successfully completed. Perth, Western Australia/Atlanta, Georgia (PRWEB) February 03, 2012 Algae.Tec Ltd (ASX:AEB, FWB:GZA:GR, ALGXY:US) ('Algae.Tec') is pleased to announce that the AUD$5,000,000 (USD$5,354,086.97) Placement through Patersons Securities Limited has been successfully completed. As previously stated, this capital raising will be utilised to fund the...