Algal Fuels Consortium (AFC) is developing microalgal mass cultivation systems to generate biomass from Captured CO2 emissions. This will be used as a feedstock to a pilot-scale second generation biorefinery for sustainable production of transport fuels and value added products. AFC comprises the Sancon Recycling Pty Ltd (our subsidiary in Australia), Government of South Australia, South Australian Research & Development Institute (SARDI), Flinders University, Commonwealth Scientific Industrial Research Organization (CSIRO), and Flinders Partners. Sancon is the founding commercial partner to the AFC and has the right to commercialize the technology for China.
AFC has been successful in winning a research grant of $2.724M under the Department of Resources Energy and Tourism's Second Generation Biofuels program in Australia. It is aimed to develop up to a 10 hectare Pilot within four to six years and then scale-up to 100 hectares in seven years.
The long term strategy of Sancon's involvement and support of AFC has always been to enhance the commercialization of the technology by becoming a leader in the production of biofuels, which will not require agricultural land, based on AFC's algae biotechnology.