Nanotechnology Holds Promise For Increasing Fuel Production From Oil Fields
UniQuest, Pty Ltd, Winner of a TechConnect 2006 Emerging Technology Award, Has Developed This Exciting Technology.Researchers from The University of Queensland's Australian Institute for Bioengineering and Nanotechnology (AIBN) have developed Pepfactants, a peptide technology that can control the emulsions and foams used in a variety of industry processes. This technology could allow oil companies to extract more oil from the fields to produce more petrol, thus helping to reduce the rising costs of fuel.
This peptide technology developed by the University of Queensland (UQ) also has potential applications in specialty chemicals products and therapeutic drugs processing. UniQuest Pty Ltd, the main commercialization arm of UQ, plans to license the technology via a start-up and is looking for both investment and product development partners.
UniQuest Pty Ltd, Australia, was a presenter at this year’s TechConnect Summit in Boston. To learn more about Pepfactants, visit the TechConnect site for their executive summary.