Click here for more information about Algenuity
Click here for more information about Liqofluxphenometrics515R1
Visit cricatalyst.com!Evodos Separation Technology Check out more of The Buzz spacer

Algaia™ and AIDP partner for North American market

May 23, 2017
AlgaeIndustryMagazine.com

Algaia and AIDP executives begin a new distribution partnership for the North American market.

France-based Algaia, S.A., and AIDP, Inc. have announced their entry into a distribution partnership to market Algaia’s alginates and other specialty marine-based solutions to customers in Canada, USA and Mexico.

The distribution arrangement was finalized at Vitafoods, in Geneva, where several companies of Algaia’s main shareholders, Maabarot Products Ltd and Demeter presented. The new partnership begins on June 1st 2017.

Algaia, a company with over 40 years’ experience producing and marketing seaweed extracts such as alginate, carrageenan, is privately owned by Maabarot Products Ltd. and well-established French venture capital funds. Algaia’s headquarters are in Paris, its R&D center is in Saint Lô, Normandy, and its production facility is next to Lannilis, Britany, in western France.

“This distribution partnership is a major step forward for Algaia, supporting our growth ambitions for USA, Canada and Mexico,” said Fabrice Bohin, CEO of Algaia. “We are anticipating double digit growth. Together with AIDP, we will be able to provide expanded service to our customers requiring alginates, while developing new opportunities for our algae-based ingredients line.”

Algaia boosted its product offerings at the beginning of this year through its acquisition of Cargill’s alginates business and manufacturing plant. The company was completely re-invented in 2015 and has, since, experienced rapid growth with its first M&A move in April 2016. This was followed by opening a new R&D center in Saint-Lô in October. Algaia concluded its Cargill alginate acquisition in January 2017. Also during the first quarter, Algaia invested € 3 million in its manufacturing facility in Lannilis, France, located next to a large resource of fresh seaweed biomass.

“We utilize fresh seaweed harvested predominantly from the Brittany coastal areas, next to our facility, applying our ‘Green Refinery’ concept to comply with customer and consumer demands for high quality products derived from sustainable natural sources,” said Mr. Bohin.

Founded in 1996 and headquartered in the City of Industry, California, AIDP has extensive experience in sourcing and developing innovative solutions. “We are delighted that AIDP will represent Algaia in the region and that we can add Algaia’s portfolio to our offering of products focused on meeting consumer demand for natural, wellness and health products,” said Mark Thurston, President of AIDP Inc. “Our commitment is to source and supply high-quality ingredients backed by research, and provide proprietary solutions that address formulation challenges in mainstream food, functional food and beverages.”

More Buzz…

HOME A.I.M. Archives

Copyright ©2010-2017 AlgaeIndustryMagazine.com. All rights reserved. Permission required to reprint this article in its entirety. Must include copyright statement and live hyperlinks. Contact editorial@algaeindustrymagazine.com. A.I.M. accepts unsolicited manuscripts for consideration, and takes no responsibility for the validity of claims made in submitted editorial.

twittertopbarlinks_eventstopbarlinks_requesttopbarlinks_archives

From The A.I.M. Archives

— Refresh Page for More Choices
Northwestern University researchers have developed a quantitative tool that might help bring back coral from the brink of extinction. The novel algorithm could help asses...
Benedict O’Donnell writes in the EU Research and Innovation magazine, Horizon, about research being developed on seaweed as a biological, environmentally friendly, sustai...
In Australia, the New South Wales Deep Green Biotech Hub (DGBH) has been launched as an enabling incubator environment to foster the development of algae as a cost effect...
Tafline Laylin writes for Inhabitat.com about the elegant solution that Romanian designer Alexandru Predonu has conceived that uses solar energy to power a rotating desal...
Algae.Tec has announced that, with the completion of the US$1M injection by Gencore, their nutraceutical plant upgrade in Cummings, Georgia, is progressing ahead of sched...
Stavanger, Norway-based Skretting, a 100+ year-old leader in the manufacture and supply of aquaculture feeds for fish and shrimp, has announced that they are now offering...
Forbes is running an interview with Bren Smith, an Ashoka Fellow and the founder of GreenWave, an organization dedicated to restoring oceans, mitigating climate change an...
In one of the most comprehensive studies to date, University of North Carolina at Chapel Hill researchers have sequenced the genes of a harmful algal bloom, unveiling nev...
Researchers at Iowa State University, in Ames, Iowa, are developing technology, using algae, that improves the efficiency of wastewater reclamation. The system uses verti...
PhysOrg reports that recent efforts have been made by researchers in Japan to reduce the cost of biodiesel production by using pulsed electric fields (PEF) to extract hyd...
Qualitas Health, an algae-based health and nutrition company headquartered in Texas, has announced a long term, strategic partnership with commercial crop producer Green ...
WesTech Engineering, Inc. and Utah State University’s Sustainable Waste-to-Bioproducts Engineering Center (SWBEC) are jointly engaged in developing processes for more eff...