Richard Wilson, the former CNN journalist from 1986 to 2005, science and technology reporter, and CEO and founder of The Wilson Group, was appointed CEO for BARD-ABS (JV) Inc., the joint venture of Bard Holding Inc. and Algae Bioenergy Solutions (ABS) to develop an algae-production facility in Augusta, Ga.
“Mr. Wilson’s extensive experience in science and technology, combined with his involvement in green projects for over a decade and passion for making the U.S. oil independent, will lead the company in the right direction,” said Surajit Khanna, chairman and CEO of BARD.
Ravi Sahani was appointed CPA, Benny Tillman was appointed general manager and Pratap Singh was admitted as an advisor to the BARD-ABS (JV) board.
Ground breaking at the new algae production plant was May 9 at a 200,000-square-foot facility on Dixon Airline Road in Augusta. BARD will develop the site to accommodate a 10-million-gallon expandable to 100-million-gallon per year capacity of algae oil production.
“The BARD-ABS joint venture puts algae production on the fast track toward commercial success, as an important part of America’s renewable energy future,” Wilson said.
The plant will provide feedstock for an ABS sister company, Green Valley Biofuels LLC, said Chuck Pardue, ABS president and chairman of this new JV. It also will provide co-products targeted to the food, health and fish food industries in the southeastern U.S.
“For over three years, ABS considered numerous algae technology companies to be its partner to help meet our nation’s urgent need for a commercially viable renewable transportation fuel,” Pardue said. “Only BARD was able to certify their technology as commercially viable today.
“ABS is strategically aligned with Bard’s vision and impressed with its elegant solution to rapidly grow and process algae.”