Thursday, June 2, 2011

Queensland Company Leads Green Revolution

The viability of renewable energy production has gained a significant boost from a world-first technology developed by an innovative Australian company.

Bundall, Qld, June 02, 2011 - PolyGenomX, based on the Gold Coast, has pioneered a range ofprocesses that deliver faster growth and higher yields fromplants vital to a range of commercial applications and sustainable industries.

The company’s ability to rapidly propagate fast-growing, robust and climate-tough trees and vegetation is a game-changer for the mass production of bio-fuels and feedstocks, says PolyGenomX managing director Peter Rowe.

"PolyGenomX has developed technology that allows us to activate dormant parts of a plant’s DNA without genetically modifying it in any way.

"This provides the ability to turbocharge certain characteristics naturally existing within a plant such as rapid growth properties and predispositionsto thrive in various environments and soils.

"One example is Jatropha which is already an ideal crop for biodiesel generation as it is inedible, will grow on marginal land, takes little care and yields high quality oil from its seeds.

"We have taken this plant and developed a new PolyGenomXvariety thathas been shown to produce 30 percent larger fruit.

"The fruit and also seeds are considerably larger resulting in more oil for biofuel production which will have widespread implications for one of the fastest growing renewable energy sources.

'Bio-fuel is an efficient and clean energy source to power diesel engines however wide-spread use to date has been limited due to high costs from production using soybean, corn and sugar cane."

One of the other areas where PolyGenomX technology can be utilised iscarbon capture and storage through the rapid regeneration of areas cleared by forestry.

Fast growing plants that can be adapted to various environments are also ideal for soil and water remediation in areas with high salinity, intensive farmingor mining including the extraction of coal seam gas deposits.

Mr Rowe says these applications along with renewable energy production give the technology an opportunity to play a key role in improving environmental outcomes and managing climate change.

"This technology can be adapted to a range of commercially produced crops including those used in renewable energy production and pulping through to construction and fine timbersuch as sandalwood.

"Given that our plants grow faster and yield more than any comparable stock we are able to offer a significantcompetitive advantage for our partners."

PolyGenomX will license the superior strains of plants developed to ethical producers, farmers and other partners involved in the production of commercial crops and environmental restoration.

For more information about the company visit www.polygenomx.com.

Contact:
Peter Rowe
PolyGenomX Limited
Level 4, 130 Bundall Road
Bundall, Qld, 4217
Australia
07 5510 3166

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