RAE inks major agreement with world’s largest producer of renewable diesel
Renewable Algal Energy, LLC (RAE), an innovative biotechnology firm based in Johnson City, has announced a contingent off-take agreement with Neste Oil, the world’s largest producer of renewable diesel. It’s a significant announcement for the Northeast Tennessee company that has developed and patented technology to produce sustainable products for nutraceutical, animal feed, and renewable fuels markets from microalgae. To read RAE’s full release, click here (RAE Neste PR).
