Aquatic Energy envisions a world that thrives on energy, food and healthy substances that conserve the environment at the same time they satisfy human needs. And the Lake Charles-based company is working to create this world today. Thursday at 1:30 p.m., the company will explain its commitment to offering what it calls “industry-leading, affordable algae biotechnology” at a free lecture hosted by the Acadiana Alternative Energy Committee.
Company officials will discuss current technologies and projects that cost-effectively harness algae. Algae fuel, which is still being studied for its commercial viability because the carbon dioxide it releases when burned is taken out of the atmosphere by the growing algae, is a potential alternative to fossil fuels.
The event will be held at the LEDA Resource Center, 211 E. Devalcourt St., and will last approximately an hour.
The AAEC was established in early 2009 in response to what it says is the growing national commitment to clean and renewable energy and to "maintain Acadiana’s place as a leader in energy production and services."
Chad Hanks, president of the Louisiana Farm Bureau and a commissioner at LEDA, is co-chair of the AAEC. Hanks believes local farmers could benefit from this lecture and encourages anyone interested in alternative energies to attend.
The parent of Investar Bank says its second-quarter earnings fell to $1.1 million or 26 cents a share from $1.7 million of 44 cents a share in the same period a year ago.
1,554 rigs were exploring for oil and 315 for gas. Two were listed as miscellaneous. A year ago there were 1,770 active rigs.
Most personal auto insurance policies exclude coverage when people charge money to drive others in their personal vehicles.
Louisiana's 21 casinos took in $203.5 million statewide in June, edging up one-half of a percentage point from a year earlier.
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The Heymann Center was transformed into a culinary adventure in mid-June for the EatLafayette kick-off event, A Taste of Lafayette, and for the third consecutive year, a sellout crowd filled the Cajundome Convention Center June 19 to hear LEDA chief Gregg Gothreaux’s State of the Economy report.
A look at recent hirings, promotions and other announcements from Acadiana's business community.
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The company currently has 10 branches throughout Louisiana, including an Ambassador Caffery location which opened last year.
Lawmakers have added $15 million to the attorney general's budget to pay for Louisiana's ongoing legal case against BP for damages caused by the 2010 Gulf oil spill.
The state's jobless rate rose to 5 percent in June from 4.9 percent in May. Louisiana's unemployment rate was 6.4 percent in June 2013.
Long-established private club opening special events venue in failed women’s store at Kaliste Saloom Road and Camellia Boulevard.