International Energy, Inc.
OTCBB: IENI
International Energy, Inc. is developing leading edge technologies for the production of biofuels derived directly from the photosynthesis of green microalgae, which can accumulate up to 30% of their biomass in the form of valuable biofuels.
Their technology seeks to convert water and carbon dioxide into useful long-chain liquid hydrocarbons from the photosynthesis of unicellular microalgae, which offer advantages in the production, storage and utilization of renewable biofuels, as they can be harvested easily, stored in liquid form and do not require special containment systems.
Additionally, raw algae can be processed to make biofuel, the renewable
equivalent of petroleum, and refined to make gasoline, diesel, jet fuel,
and chemical feedstocks for plastics and drugs. As a result of current high
oil prices, depleting fossil oil reserves and growing concerns about increased
levels of atmospheric carbon dioxide, algae have emerged as one of the most
promising sources for biofuel production
.