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Myanmar's Algae sector takes next step towards commercialization of Giant King Grass for renewable electricity

Posted on : 19 Oct, 2012

 

Viaspace, Inc has announced that it has signed business development and confidentiality agreements with Myanmar’s June Industry Ltd, which is a member of the June Group of Companies involved in cultivating, harvesting and marketing algae products.

 

According to the contract, June will grow Giant King™ Grass in Myanmar for commercial applications including renewable electricity generation. Suitable land, climate, rainfall and irrigation make Myanmar an ideal place to grow Giant King™ Grass.  Viaspace CEO Dr. Carl Kukkonen said that Myanmar has the perfect climate to grow Giant King™ Grass, and there is a great need for electricity. “We envision Giant King™ Grass playing an important role in Maynamr’s future, not only for electricity generation, but also for biofuels and other applications that will provide jobs and help alleviate rural poverty. I am happy to be working with JUNE Project Director, Dr. Min Thein, who is very experienced and has a good team.”

 

"Since the move to democracy and the lifting of sanctions, Myanmar is developing rapidly with the help of foreign technology and foreign investment. We believe that VIASPACE Giant King Grass will be important for bioenergy and other applications. JUNE has the goal to be our country's leading company in green and natural products and technology," adds June Managing Director, Dr Nu Nu Win.

 

Dr . Min Thein, Founder of June Pharmaceuticals is presenting a paper entitled “Myanmar - Commercial Production and Use of Spirulina Microalgae from Crater Lakes” at the 5^th Algae World Asia conference on 07-09 November in Singapore. The talk will cover vital subjects like the emerging applications for Spirulina as biofertilizer and biogas enhancer, as well as the opportunities for new joint ventures (private & govt) in Algae and cooperation with foreign companies. To know more on the Asia’s growing Algae industry, Register now. For further information and queries, please contact Ms. Huiyan at huiyan@cmtsp.com.sg

 

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