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New York, Geneva (AirGuideBusiness - Aerospace & Defense News - Technology Europe) Feb 3, 2013

Algae.Tec plans $200M bond sale to fund expansion Australia-based algal oil producer Algae.Tec is planning a sale of up to $200 million in bonds in Europe to finance development of new production facilities in Texas and Brazil. Algae.Tec plans to begin the bond sale next month and finish it by the middle of the year, said Chairman Roger Stroud. Feasibility studies for the plants in Texas and Brazil are due for completion this month, Stroud said. Jan 31, 2013 AirGuideBusiness ISSN

1939-666X 02/04/2013

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