bion Algae
Algae farmed, grown and harvested in Argentina
Algae farmed, grown and harvested in Argentina
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R & D Expansion<br />
Year2 Year3 Year4 Year5<br />
Investment<br />
Amount<br />
US$500,000 US500,000 US$500,000 US$2,000,000<br />
•amor,ze 2% of sales revenue to R&D every year<br />
R&D Scientist Addition (6 persons total)<br />
Ph.D in Chemical Engineering, Chief researcher<br />
Ph.D in Chemical Engineering, Senior level researcher<br />
MS in Chemical Engineering, Junior level researcher<br />
MS in Chemical Engineering, Associate level researcher<br />
BS in Chemistryor C.E, researcherwith at least 3 yearsof experience<br />
1 person<br />
1 person<br />
1 person<br />
2 persons<br />
1 person<br />
o Total US$3.5 million investment on R&D over 4 years<br />
o Main objective of R&D: improve and develop highly efficient algae reproduction process<br />
improve and develop highly efficient algae oil extraction process<br />
improve and develop highly efficient algae oil purification process