In the UK, after a decade of research and development in the UK and around the world, HutanBio, a bio-tech company founded by scientists from Cambridge University, based in Cambridge (UK) and in Malaysia, has secured a £2.25 million investment from Clean Growth Fund to accelerate the commercial use of its HBx bio-fuel oil to reduce greenhouse gas emissions. HutanBio’s HBx bio-oil is a sustainable and scalable high energy density, low carbon, sulfur-free, fuel solution, that uses CO₂ greenhouse gas as a feedstock for algae that are grown in special “bio-reactor farms”. Source: Biofuels Digest 18/1/2024