Green Star Products, Inc. (OTC:GSPI) announced today that its consortium of independent companies will begin construction of two demonstration “algae-to-biodiesel” production facilities in the U.S. and abroad.

The consortium has developed a patent pending proprietary algae processing system and it also has assembled a seven-member research team, which has been in operation at the University of Baja California in Ensenada, Mexico. 

Joseph LaStella, President of GSPI, stated, “Algae has been the least studied feedstock source to produce biodiesel, yet holds the greatest solution simultaneously for energy development and global warming mitigation.”

Algae eats CO2, which is the biggest Global Warming Gas, and can produce up to 60 times more oil per acre than traditionally used agricultural oil crops (soybeans, corn, canola, jatropha, etc.).

Mr. LaStella further quotes from a U.S. Department of Energy report, “In a World of ever more limited natural resources, algae technology offers the opportunity to utilize land and water resources that are today unsuited for any other land use needs. For example, microalgae complements rather than competes with other biomass based fuel technologies.” The report goes on to say that microalgae is one of the most efficient CO2/O2 exchangers on the planet and one of the most variable ecological groups of organisms and at the same time they are one of the least studied.

The two GSPI algae processing demonstration facilities will be in production by late summer 2007.