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Additionally, many facilities, such as biofuels operations, flour mills and other agricultural operations require uninterrupted rail service. In the event of an interruption, they quickly run out of storage capacity and incur shortages of incoming raw materials.
Now seen as a “future-proof” material, seaweed is a hardy, fast-growing protein source useful for everything from biofuel to petroleum-free plastic to consumer goods like utensils , soap , clothing , and of course, food. The World Bank said raising this versatile crop in just 5 percent of U.S.
Some provide business solutions, like Ocean Farmr , a company out of Australia that offers financial technology for aquaculture, and some provide adjacent services like Maine Standard Biofuels , a homegrown company that uses plant oils and grease to create diesel fuel.
While the North American seaweed industry remains tiny by global standards — 95 percent of farmed seaweed comes from Asia — it is the fastest-growing type of aquaculture in the United States. Costly attempts to develop algae-based biofuels haven’t panned out. But the industry is at an inflection point.
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