Case Study Aquaflow
To what extent id passion play role in the founding of Quaff and its early success? Do you think that someone without passion for alternative fuels could have successfully founded the firms? Why or why not? Answer: They show that they are truly dedicated to their Nor and face all the challenges and risk that will happen. They improved the Quaff a lot and make used of their intelligence to build it up and because of their passion, it influences people’s. They cannot be successful if they don’t have passion.
Passion is one of the most important characteristic.
It makes you motivated and avoid to to stick with one idea but spread your knowledge on what you are discovering to find some other alternatives or substitute to a certain product. 3. Which of the myths of entrepreneurs are dispelled by Nick Goriness’s involvement in quaff? Answer: That Entrepreneurs are born not made. 4. To what extent does Quaff have the potential to (1) make an economic impact on New Zealand, (2) make an impact on society, and (3) make an impact on larger firms?
Answer: The technology is self-sufficient and means that regional fuel refining IS now a real possibility. New Zealand has the opportunity to take advantage of this roughhouse.
The ability to produce their own commercially viable befouls which Integrate with current infrastructure would increase the economic competitiveness, improve the environmental performance and reduce reliance upon imported crude oil. Benefits would flow through the economy in terms of new Jobs and boosts to regional businesses. Ivy M.
Friars SABA II Quaff Bionic Corporation: Passion Has Helped Turn Green Slime into Black Gold- Its Success Now Hinges on Execution Intelligence Kiwi clean energy company Aquatint Bionic Corporation believes it is poised to make refining next enervation befouls a commercial reality in New Zealand and in overseas projects Nothing three years. Quaff announced it has executed a technology cooperation agreement with CRIB Catalyst Company (CRIB). CRIB has exclusive global subleasing rights to IHA technology, a commercially viable renewable fuel process developed by Gas Technology Institute (GET), which is ready for infrastructure investment.
The companies had been working together previously under a Joint Testing and Evaluation Agreement to bring together Scofflaws unique capability with algae, axed and varied feedstock, and Crib’s license to IHA technology, to prove their commercial effectiveness in producing hydrocarbon fuel. Quaff director Nick Serenest explains “Quaff believes it now has a world-leading multi-biomass to befouls capability and technology offering. This is a robust and highly integrated technology package which can leapfrog other biomass to befoul technologies because it goes straight to blended fuel stock and avoids intermediate pathways. We should be able to produce renewable hydrocarbon fuel that is equivalent to fossil eel at a cost that is highly competitive with the current per barrel price of crude oil. ” Serenest says New Zealand could turn its biomass into enough carbon-neutral befoul to meet its renewable fuels’ requirement within ten years. “While this could be achieved without carbon taxes or Government subsidies, we believe this is nationally significant and the NZ Government’s support is welcome.
The technology could be replicated in other parts of the world where suitable feedstock and waste streams exist. “We believe this is a game changer. The current estimation of the IHA recess economics suggests it to be among the most economical for renewable hydrocarbon fuel production. The combination of Quaff multi-biomass feed and CRIB IHA technologies means that any biomass – algae, wood waste, agricultural waste such as vine pursuing, invasive weeds like gorse or broom and solid waste, can be turned into renewable transport fuels. “The technology is self-sufficient and means that regional fuel refining is now a real possibility. New Zealand has the opportunity to take advantage of this breakthrough.
The ability to produce our own commercially viable befouls which integrate with current infrastructure would increase our economic competitiveness, improve our environmental performance and reduce our reliance upon imported crude oil. Benefits would flow through our economy in terms of new Jobs and boosts to regional businesses. Surgeries says the next step is to secure the investment needed to build the organizational capability and capacity to execute the company’s project pipeline. “Plans to demonstrate IHA technology at the 5-20th/d scale are currently underway. We have a viable technology that’s “ready to 0′ and that’s what investors are looking for.
“Quaff is leading the way with the seamless integration of algae into a variety of feedstock to produce drop-in fuels and chemicals. This approach gives us the flexibility to develop a multi-biomass feedstock mix specific to available resources worldwide.
Quaff believes this is a breakthrough for befouls and a significant advance for algae-based renewable fuels. ‘Reaching this stage is a significant achievement for Quaff, which has been operating ‘under the radar’ as it worked on the multi-biomass approach and lined up the projects,” comments Surgeries. New directors appointed Quaff recently welcomed Roger Grower and Knack Goodwill to its Board. Knack Goodwill was chit executive officer to Et Rјangina o Inning Tank trot 2 and before that managed Inning That’s historical Treaty settlement process.
He has held various positions across his career, ranging from union representative in the freezing industry to founding member of a credit union to owner of a plant nursery and farm forestry contracting business in Northern Southland. Knack has experience in management and organizational leadership and is particularly interested in the SE of strategy to align environmental, institutional and economic assets to realism intergenerational community objectives.
He is also a director of Meridian Energy, a member of the Environmental Protection Authority, an Adjunct Professor at the University of Canterbury, and is an independent consultant to public and private sector clients. Roger is an experienced executive and company director. He was an executive at Air New Zealand responsible for their freight business and formerly head of the Freight Group of Trans Rail, where he was on the team that made the successful global float of Trans Rail on the NASDAQ in 1995.
He is currently director and chairman of Freeport in Tamari and listed entity Orion Minerals Group and a number of private companies.
Roger graduated from Cambridge University with an M Phil, having written his thesis on high tech spin-outs. He has a management consultancy business providing strategic advice and capital to start-ups, advice to awards of Directors and policy advice to government departments. Based in Nelson, New Zealand, Quaff was formed in October 2005 and its major shareholders are genealogy start-up expert Nick Surgeries, and successful renewable energy developers Vicki Buck and Barrier Lay.
In May 2006, Quaff announced that it had produced the world’s first bio-diesel derived from wild micro-algae sourced from local sewerage ponds. The company also created the world’s first Jet A-I compliant SSP from wild algae in 2008.
Quaff is one of the world’s leading algal technology companies. Its patented process is dual-edged in that it remedies waste water and creates feedstock for green crude oil without the genetic modification of the algae species.