Click here for more information about Algenuity
Click here for more information about Liqofluxphenometrics515R1
Visit cricatalyst.com!Evodos Separation Technology

Scale Up

Cellana and PIVEG partner for algae commercialization

November 3, 2016
AlgaeIndustryMagazine.com

Cellana’s Kona Demonstration Facility (KDF) on the Big Island of Hawaii.

Cellana’s Kona Demonstration Facility (KDF) on the Big Island of Hawaii.

Cellana, Inc., a leading developer of algae-based products for sustainable nutrition and energy applications, and PIVEG, Inc., a leader in high-specification ingredients for the nutraceutical, pharmaceutical, agricultural, food and beverage, feed and cosmetics industries, have announced that they have signed a letter of intent for the joint development and commercialization of omega-3 oils and other high-value applications from algae biomass.

Currently, Cellana produces industrial-scale quantities of ReNew™ Algae – high-value algae biomass rich in omega-3 nutritional oils, proteins, fuel-grade oils, cosmetic-grade oils, acids, and polysaccharides, as well as other valuable micronutrients – at its Kona Demonstration Facility in Hawaii. Cellana’s patented ALDUOsystem enables economic, sustainable and consistent production of photosynthetic, non-GMO algae at industrial scale. Cellana intends to construct and operate commercial facilities to produce these products as integrated algae-based biorefineries.

With facilities in Mexico, Peru, and the United States, PIVEG currently produces and sells a variety of high-value pigments and other products derived from diverse natural sources, including marigold, chili peppers, and algae.

Initially, Cellana will supply PIVEG with material from its Kona Demonstration Facility, and PIVEG will use its existing processing equipment and facilities in Central Mexico, while the parties explore the development of larger-scale commercial algae biomass production facilities in Hawaii and Mexico. Financial terms of the agreement were not disclosed.

Within the algae-based products space, PIVEG already offers AstaMarine, the microalgae Haematococcus pluvialis, in a variety of different forms. “Our teams are hard at work exploring several product formulations and applications,” said Roberto Espinoza, CEO of PIVEG. “The specifics of which products will be released first will be determined by January of 2017. The products will be distributed internationally directly by PIVEG and their associated distribution partners.”

“PIVEG’s extensive experience in processing agricultural feedstocks to produce and bring to market high-value products makes them the ideal partner to work with Cellana to rapidly commercialize material from our algae feedstocks,” said Martin Sabarsky, Cellana’s Chief Executive Officer. “Additionally they bring world-class quality systems, which will allow us to bring to market our products with confidence. We are extremely impressed with PIVEG’s people and capabilities, and they are an ideal partner to grow the algae industry.”

“Cellana is a leader in growing diverse algae outdoors using sunlight, and our ability to process Cellana’s algae biomass using our existing equipment and facilities allows us to expand our current portfolio and rapidly introduce additional algae-based products,” added Mr. Espinoza. “We have spent several years exploring the idea of an expansion and additional algae biomass sources and are pleased to partner with Cellana in this endeavor.”

More Like This…

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
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...
Fraunhofer-Gesellschaft reports in Science Daily that two algae species survived 16 months on the exterior of the International Space Station (ISS) despite extreme temper...
Kailua-Kona, Hawaii-based Cellana, Inc., a leading developer of algae-based products for sustainable nutrition and energy applications, and Living Ink Technologies of Den...
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...
Sarah Karacs reports for @CNNTech that Japanese firm Euglena has been cultivating a type of algae for use in food and cosmetics. But it sees a range of other potential us...
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...
Carl Zimmer writes in The New York Times about a team of Australian scientists studying how climate change will alter ecosystems – by using miniature ecosystems, called m...
Will Yeates reports in DailyPlanet.com that an urban “algae farm” producing low-carbon protein and bio-fuel is one of the highlights on show this week at the future energ...
Memory Maninga reports for Zambia Daily Mail that in Mansa, the capital of the Luapula Province of Zambia, spirulina is being grown in ponds in the communities because of...
A Bay Area company has patented a group of three single-celled, algae-like organisms that, when grown together, can produce high quantities of sugar just right for making...
Researchers at ETH Zurich, Empa and the Norwegian research institute SINTEF are pursuing a new approach to treating arthritis. This is based on a polysaccharide, a long-c...
Sex self-destruction represents a fascinating new scientific mystery that includes climate chaos, ghost forests, temperature spikes, fierce storms, colossal nutrient coll...