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PURT Purthanol Resources Ltd (CE)

0.007
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Purthanol Resources Ltd (CE) USOTC:PURT OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.007 0.00 01:00:00

A Revolutionary Project in the Production of Lipids Via By-Product of the Biodiesel or Ethanol Production

20/03/2014 1:45pm

GlobeNewswire Inc.


Purthanol Resources (CE) (USOTC:PURT)
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From Jun 2019 to Jun 2024

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Purthanol Resources Ltd (OTCQB:PURT) is pleased to announce that the productions of lipids with yeast or fungi are cultivated in fermentors as an oil source for biodiesel. The work demonstrates a clear advantage of this method compared to culture microalgae in Photo-bioreactor. Oleaginous yeast and fungi were isolated and tested to produce lipids. A high lipid content (> 50% w / w biomass) was observed. So we went from autotrophic production bioreactors to heterotrophic production fermenters.

Another unexpected benefit of this technology is that this production system uses crude glycerol by product of biodiesel production or sweet water by product of Purthanol Resources ethanol production as a carbon source.

The basis of this project is the use of by-product of the biodiesel or ethanol production (glycerol or sweet water) as a feedstock for the growth of yeasts and fungi. The value of these products are firstly that it contains carbon and, secondly that there are by-product production of biodiesel or ethanol.

The president of Biocardel Quebec Inc, Mr. Rene Delarue is very excited with the pre-industrial results. "We have a new and unique source of oil that will enable us at Purthanol the freedom of choice between used vegetable oil, cultivated plant oil and lipids." A full operating plant will be set up in the next 12 months. This industrial plant will have production capability of 10 million liters of oil derived from lipids via glycerol or sweet water.

About Purthanol Resources Ltd

Purthanol is a publicly traded company dedicated to investigating and developing its orientation to focus on green-technology fuel production with its acquisition of the Purthanol process for the ethanol product and Biocardel for the Biodiesel. Please visit www.purthanol.com for more information.

CAUTIONARY STATEMENT

Other than statements of historical fact, included herein, all statements are forward-looking and involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results may differ materially from Purthanol expectations and filings made with the securities regulators. The Company does not assume any obligation to update or revise its forward-looking statements. No stock exchange, securities commission or other regulatory authority has approved or disapproved this information.

CONTACT: Mr. Serge Mersilian
         Director of Communications
         Purthanol Resources Ltd
         Tel: 302 288 0658

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1 Year Purthanol Resources (CE) Chart

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