Recently, a reporter learned from the Chinese Academy of Sciences that a joint research team composed of Princeton University, the Institute of Process Engineering at the Chinese Academy of Sciences, Peking University, and the PetroChina Research Institute of Petroleum and Petrochemicals has made significant progress in using duckweed as a feedstock for biofuel production. The study found that producing 5,000 barrels of duckweed-based fuel per day could become competitive with traditional oil fuels when crude oil prices exceed $72 per barrel. The latest findings from the U.S.-China collaboration also revealed that under different refining conditions, small-scale duckweed processing (around 1,000 barrels per day) can be economically viable when oil prices surpass $100 per barrel. Meanwhile, larger-scale operations—producing 5,000 barrels daily—can effectively compete with petroleum-based fuels even when oil prices are above $72 per barrel. Domestic experts have noted that based on current data, duckweed oil production is expected to move toward industrialization as early as 2014, potentially allowing people to use algae-based biofuels in real-world applications. Before this study was published, several domestic companies had already been exploring technologies related to "algae oil." For instance, the New Austrian Group, headquartered in Langfang, Hebei, gained international attention as early as 2009 for its breakthrough in "Microalgae Carbon Absorption." Liu Minsheng, General Manager of the New Energy Technology Center at the group, told the media that by 2014, the company’s microalgal biodiesel demonstration project in Inner Mongolia would reach a design capacity of 5,000 tons, marking a major step toward industrialization. (Reporter: Zhu Xianjia) polishing machine，polishing machine，polishing machine Jiangmen Gude Polishing Equipment Co., Ltd , https://www.kokipolishing.com