GSPI Completes Algae to Biodiesel Winter Demo Testing

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Thread: GSPI Completes Algae to Biodiesel Winter Demo Testing

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    GSPI Completes Algae to Biodiesel Winter Demo Testing

    GSPI Completes Algae to Biodiesel Winter Demo Testing


    SAN DIEGO--(BUSINESS WIRE)--Green Star Products, Inc. (OTC:GSPI) today announced that it has successfully completed Phase III for winter environmental testing of its hybrid algae production facility in Montana.
    The GSPI hybrid algae production system is designed to provide a controlled algae growing environment at an affordable capital and maintenance cost, which has eluded engineers for more than three decades.
    The GSPI system endured severe Montana winter conditions, which included many nighttime temperatures below -18 Celsius (0 Fahrenheit) and snowfalls of up to 355 mm (14 inches).
    The 40,000 liter demonstration facility is located outdoors and had successfully completed Phase I and II of the project in mid-2007 (see details in press releases dated May 11 and July 9, 2007 at GreenStarUSA.com).
    The algae demonstration project was not initially scheduled to continue into the winter months; however, the success of the first two phases of the project provided an opportunity to subject the algae hybrid system to severe Montana winter conditions to gather data never before attempted by any other research organization.
    The successful testing and results of the cold weather program provided invaluable data that has increased the efficiency of the environmental control system. For example, as winter approached, a small generator (under 1 kW demand) was added to the system to provide electric power for the water pumping system. The exhaust from the generator (CO2) was fed to the algae (algae eats CO2) and the heat from the exhaust was passed into the algae water, which provides some warmth for the algae.
    The production of algae was lower during this test period due to reduced daylight hours and cooler water temperatures. However, the algae not only survived, it still managed to grow. The controlled environment of the Montana hybrid system has now given GSPI the pathway to significantly improved cold weather production engineering in the next generation system scheduled to start production in the spring of 2008.
    Mr. Joseph LaStella, president of Green Star Products, stated, "It has required a lot of high-tech ingenuity to create a low-tech, inexpensive algae production system."
    Mr. LaStella further stated, "The winter program has also added a host of other technical changes to our system. For example, reduction in heat loss (radiation and convection heat loss) during cold nighttime hours in winter months."
    Steady progress continues on the much larger systems planned for production in 2008 (see press release dated November 13, 2007 titled “GSPI Signs Contract to Build Algae-to-Biodiesel Facility”).
    Please also read GSPI’s other press release issued today (January 31, 2008) titled “GSPI Has Acquired A License For Next Generation Algae To Biofuels Process; Efficient Production of Both Biodiesel And Ethanol Can Now Be Achieved Through Algae.”
    Green Star Products, Inc. (OTC: GSPI) (OTC: GSPI.PK) is an environmentally friendly company dedicated to creating innovative cost-effective products to improve the quality of life and clean up the environment. Green Star Products and its Consortium are involved in the production of green sustainable goods including renewable resources like algae biodiesel and clean-burning biofuels, cellulosic ethanol and other products, as well as lubricants, additives and devices that reduce emissions and improve fuel economy in vehicles, machinery and power plants. For more information, see Green Star Products’ Web site at http://www.GreenStarUSA.com, or call Investor Relations at 619-864-4010, or fax 619-789-4743, or email [email protected]. Information about trading prices and volume can be obtained at several Internet sites, including http://www.pinksheets.com, http://www.bloomberg.com and http://www.bigcharts.com under the ticker symbol "GSPI".
    Forward-looking statements in the release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the companys products, increased levels of competition for the company, new products and technological changes, the companys dependence on third-party suppliers, and other risks detailed from time to time in the companys periodic filings with the Securities and Exchange Commission.
    http://www.businesswire.com/portal/s...83&newsLang=en


    Sounds promising.

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    Re: GSPI Completes Algae to Biodiesel Winter Demo Testing

    When is this going to stop?
    When are people going to finally wake up and smell the coffee?
    Haven't we all had quite enough of this mamby-pamby save the planet crap?????

    Let's set the record straight, shall we?
    • Winter is already too cold as it is.
    • We need more hurricanes not less.
    • It's meteorologist job security dammit and it helps sell Twister videos.
    • Imported oil is actually an air purifier.
    • It's those Glade plug-in candles that are smogging L.A. and putting holes in the ozone layer.
    • Algae is an urban legend.
    • Carbon dioxide is actually a vitamin.

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    Re: GSPI Completes Algae to Biodiesel Winter Demo Testing

    Planes back! Its been too long...

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    Re: GSPI Completes Algae to Biodiesel Winter Demo Testing

    Quote Originally Posted by plane View Post
    • Imported oil is actually an air purifier.
    • It's those Glade plug-in candles that are smogging L.A. and putting holes in the ozone layer.
    Thank You, I needed that laugh for the day!!
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    Re: GSPI Completes Algae to Biodiesel Winter Demo Testing

    Plane,

    It will take at least 20 years to develop an alternative fuel source that can feed the demand of this country. It needs to start now.
    The new discovery rate peaked in the 60's and is dropping each year. The existing proven reserves are also being drawn down because it is trying to keep up with demand. With a low rate of new discoveries, the global oil situation right now is like someone running yet standing still.

    BTW - go check out the US Department of Energy's evaluation of global oil reserves and how much longer we have. By many experts, their evaluation is considered optimistic. Think of it as your wake up call to "smell the coffee".


    I'm glad to hear companies are being proactive and not waiting until last minute to solve our long term energy needs. The other promising solution is going to be cellulosic ethanol. GM just may have given birth to a billion dollar baby with it's partnership with Coskata.

    M
    Last edited by MikeB; 02-04-2008 at 08:53 PM.
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    Re: GSPI Completes Algae to Biodiesel Winter Demo Testing

    And somebody was just duped by Plane. Don't worry, he gets one every week.
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    Re: GSPI Completes Algae to Biodiesel Winter Demo Testing

    De Beers bought millions worth of stuff from the company in this thread. De Beers has a ton of capital.
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    Re: GSPI Completes Algae to Biodiesel Winter Demo Testing

    Another interesting article regarding global oil reserves.

    US Government Accountability Office (GOA): Crude oil: uncertainty about future oil supply makes it important to develop a strategy for addressing a peak and decline in oil production

    http://www.gao.gov/new.items/d07283.pdf
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