The study also found that PPC would be suitable as a fishmeal replacement for other farmed fish species. According to the study, tilapia is one of the largest-volume farmed fish species, and tilapia production is expected to grow from 2.8 million tons to more than 9 million tons by 2020, requiring 13 million tons of feed (up from 8 million tons in 2010).
PetroAlgae’s micro-crop technology employs indigenous, aquatic micro-organisms suitable to local climates and is designed to enable its technology licensees to produce a cost-effective alternative to fossil fuels as well as a high-value protein co-product, while absorbing carbon dioxide from greenhouse gas emissions. Micro-crop farms utilizing PetroAlgae’s technology are highly productive and grow new sources of protein locally that are not genetically modified and are resistant to local diseases. In addition to its uses in the aquaculture industry, the company expects PPC to be suitable for nursery swine, poultry, and, ultimately,
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