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

Algatechnologies joins FoodConnects consortium

November 30, 2016
AlgaeIndustryMagazine.com

Algatech farm in the Israeli desert

Astaxanthin cultivation at Algatech’s farm in the Israeli desert

Algatechnologies Ltd (Algatech), of Kibbutz Ketura, Israel, has become part of the FoodConnects consortium, as winner of a pan-European competition for the Food4Future project. This Knowledge and Innovation Community (KIC) sponsored project has broad coverage in EU member states and associated countries, being a unique partnership of 50 leading companies, universities and scientific organizations covering the entire food value chain.

Algatech was chosen by the KIC leaders to be the sole algae player participating in the €1200 million initiative. It will work within the European Institute of Innovation and Technology (EIT) Food sector to develop new food sources from microalgae utilizing its state-of-the-art technologies and expertise.

Each of the consortium partners is committed to jointly transform the ways in which we produce, distribute and consume our food. Over the next seven years, the partners will invest close to 1200 million euros, matched with up to 400 million euros financed by the EIT.

Algatech has initiated discussions with other KIC partners to review and select innovative algae sources with important nutritional properties as potential food sources.

“The EIT Food program meets our vision to invest in the development of unique microalgae ingredients which can improve nutrition for human well-being,” said Hagai Stadler, CEO of Algatechnologies. “Microalgae contains key ingredients for humans and will become an increasingly important element of our future diet. We consider it an honor to be invited to join such a notable group, and are totally committed to playing our part as we work towards mutual success.”

Peter van Bladeren, Vice President of Nestec, Global head Regulatory and Scientific Affairs for Nestlé, and Chair of the Interim Supervisory Board of EIT Food, said that, “EIT Food is committed to create the future curriculum for students and food professionals as a driving force for innovation and business creation; it will give the food manufacturing sector, which accounts for 44 million jobs in Europe, a unique competitive edge.”

Algatech, develops and produces active ingredients sourced from microalgae, including AstaPure® natural astaxanthin, derived from non-GMO microalgae grown in sustainable, environmentally green, closed-cultivation systems powered by natural sunlight. The company is a founding member of the Natural Algae Astaxanthin Association (NAXA), and holds Kosher, Halal, ISO 9001/2000, HACCP and GMP international accreditations.

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...
San Francisco biotech startup New Wave Foods aims to address the impact of overfishing, bycatch, water pollution, slave labor, an animal death toll in the trillions, and ...
Natural Icelandic astaxanthin supplier, ArcticFarma, has reached an agreement with a subsidiary of China-based BGG to rename itself in order to avoid market confusion. “B...
Agcore Technologies LLC, producer of Agcore Spirulina, has announced that their 2016 expansion project to support their growing aquafeed demand is in the completion proce...
Cellana, Inc., a leading developer of algae-based products for sustainable nutrition and energy applications, and PIVEG, Inc., a leader in high-specification ingredients ...
Joy Lanzendorfer reports for NPR that, as seaweed continues to gain popularity for its nutritional benefits and culinary versatility, more people are taking up seaweed fo...
The University of Kentucky (UK) Center for Applied Energy Research’s (CAER) Biofuels and Environmental Catalysis Group has received a $1.2 million U.S. Department of Ener...
For algal biofuels to compete with petroleum, farming algae has to become less expensive. Toward that goal, Sandia National Laboratories is testing strains of algae for r...
Diane Stopyra writes in Salon.com that a growing number of coastal states around the country are undertaking large-scale seaweed farming projects. While farms are underwa...
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...
David Erickson writes in the (Montana) Missoulian that Clearas Water Recovery, a Missoula tech company formed eight years ago, has developed a patented process to use alg...