Euglena Co., Ltd
| Public | |
| Traded as | Tokyo Stock Exchange[1] |
| ISIN | 🆔 |
| Industry | Biofuel |
| Founded 📆 | 2005 |
| Founder 👔 | Mitsuru Izumo |
| Headquarters 🏙️ | , |
Area served 🗺️ | |
| Revenue🤑 | $144 million[2] |
| Members | |
Number of employees | 414, consolidated[3] |
| 🌐 Website | https://www.euglena.jp/ |
| 📇 Address | |
| 📞 telephone | |
Euglena Co., Ltd is a Japanese company, farming and exploiting euglena, a type of microalgae. The company was founded in 2005 and is currently based in Minato, Tokyo.[1] Since 2010, the company has conducted research on euglena as a potential source of biofuel.[4]
Chronology
2005: The company was founded and started the production of euglena.[5]
2010: The company started to conduct research on potential euglena algae fuel.[4]
2012: The company got listed on Tokyo Stock Exchange.[2]
2018: The company completed the construction of its biofuel demonstration plant in Yokohama.[6]
Algae fuel
In 2015, Euglena Co., Ltd started euglena biodiesel experimentations with buses. The biodiesel worked, yet it only contained 1% of euglena (the rest of the fuel was composed of standard diesel fuel and recycled cooking oil).[7][8] The company aims to develop and display a euglena-based aviation biofuel while the 2020 Summer Olympics is taking place in Tokyo. In 2019, no plane has yet flown thanks to Euglena’s aviation biofuel.[6][9]
References
- ↑ 1.0 1.1 "Bloomberg - Are you a robot?". www.bloomberg.com.
- ↑ 2.0 2.1 "euglena Co., Ltd". Nikkei Asian Review.
- ↑ "株式会社ユーグレナ｜採用情報". 株式会社ユーグレナ.
- ↑ 4.0 4.1 "Algae-Powered Airplanes? Aiming for World Leadership in Biofuel". nippon.com. March 28, 2019. Archived from the original on October 22, 2021. Retrieved November 25, 2019.
- ↑ Takeo, Yuko (July 8, 2015). "The pond scum that may one day fuel planes" – via Japan Times Online.
- ↑ 6.0 6.1 "Japanese startup Euglena aims to produce biofuel for Tokyo Olympics". www.theinvestor.co.kr.
- ↑ Fujikawa, Megumi (June 26, 2014). "Isuzu to Run Japan's First Microalgae-Fuel Bus".
- ↑ "Des bus japonais roulent à l'algue". September 21, 2015 – via www.letemps.ch.
- ↑ Karacs, Sarah (March 24, 2017). "Food, face cream and jet fuel: Japanese firm finds many uses for algae". CNNMoney.
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