Corbion’s plan after TerraVia acquisition

Corbion’s plan after TerraVia acquisition

Jeff Gelsky writes in Meat+Poultry that Corbion executives have given insights on how its September 29 acquisition of TerraVia Holdings Inc., an algae-based ingredients company, could benefit Corbion. Enzymes in Corbion’s bakery ingredients and antimicrobials… [Read the full story]

ABS11 Part 2: Astaxanthin increases its prominence

ABS11 Part 2: Astaxanthin increases its prominence

Astaxanthin is a xanthophyll carotenoid of predominantly marine origin, with potent antioxidant and anti-inflammatory effects demonstrated in both experimental and human studies. Arun Nair, CEO, AstaReal reported that the global astaxanthin business is currently worth $550-600 million, with projections… [Read the full story]

Will N. Korea sanctions trigger algal biofuel production?

Will N. Korea sanctions trigger algal biofuel production?

Brandon Jacobs reports in 38North.com that a new algal research facility just outside of Wonsan, North Korea, suggests a growing interest in developing algae as a strategic resource to diversify sources of energy supplies and improve agricultural production, which could over time reduce the country’s… [Read the full story]

Corbion approved as highest bidder for TerraVia

Corbion approved as highest bidder for TerraVia

Following an auction process, TerraVia Holdings and its affiliated debtors have determined that Corbion had submitted the best bid for substantially all of the assets of TerraVia, a food and specialty ingredients company centered on ingredients derived from microalgae. On September 15, 2017… [Read the full story]

Phenometrics expands into China and India with new partnerships

Phenometrics expands into China and India with new partnerships

Phenometrics Inc., a leading manufacturer of desktop photo bioreactors for the algae industry, has expanded its distribution into India and China with two new partnerships. The company has joined with Biolinx… [Read the full story]

Raven to acquire Colorado Lining

Raven to acquire Colorado Lining

Raven Industries, Inc. has announced that it has signed an asset purchase agreement to acquire substantially all of the assets of Colorado Lining International, Inc., headquartered in Parker, Colo. The cash transaction is expected to close in September with Raven paying approximately $14 million and… [Read the full story]

Mimi C. Hall returns to Phenometrics

Mimi C. Hall returns to Phenometrics

Mimi Cook Hall, co-founder of Phenometrics Inc. rejoined the company in July as Sales and Marketing Director. In 2010 — when the company was founded to provide desktop photo bioreactors to the algae scientific community — she was the entrepreneur business partner and co-founder… [Read the full story]

Algae.Tec and Winter Garden launch pot crop

Algae.Tec and Winter Garden launch pot crop

Algae.Tec Ltd has announced the first project to be funded under its Collaboration and Licensing Agreement with Winter Garden Biosciences (“Winter Garden”): the development of an initial crop of active heirloom cannabis, without genetically altered structures and with naturally high levels of cannabinoids… [Read the full story]

TerraVia plans sale to Corbion

TerraVia plans sale to Corbion

TerraVia Holdings, Inc., a pioneer in developing algal-based consumer products, has entered into a “stalking horse” stock and asset purchase agreement with Corbion N.V., a Netherlands-based global leader in food ingredients and biobased technologies, to acquire substantially all of TerraVia’s… [Read the full story]

Algatech expands astaxanthin line into Brazil

Algatech expands astaxanthin line into Brazil

Kibbutz Ketura, Israel-based Algatechnologies Ltd. (Algatech) has received Brazilian Health Regulatory Agency (Anvisa) approval for its all-natural AstaPure® astaxanthin to be used as a food ingredient. This approval makes Algatech the first supplier to start marketing its clean-label astaxanthin… [Read the full story]

Cyanotech Names Mawae Morton President

Cyanotech Names Mawae Morton President

In Hawaii, Cyanotech Corporation’s Board of Directors has named Mawae Morton as President, effective immediately. Mr. Morton will report directly to the Company’s Chief Executive Officer, Dr. Gerald Cysewski. Cyanotech’s Chairman, Michael Davis said, “We are pleased that Mawae has chosen… [Read the full story]

Parry Nutraceuticals and Synthite partner for phycocyanin

Parry Nutraceuticals and Synthite partner for phycocyanin

Parry Nutraceuticals, a division of EID Parry and part of the Murugappa Group in India, has forged a partnership with India’s Synthite Industries, to apply proprietary patented technologies for extraction of phycocyanin, a natural blue pigment found in spirulina. “With this partnership we are… [Read the full story]

Exxon and SGI report doubling algal lipid productivity

Exxon and SGI report doubling algal lipid productivity

ExxonMobil and Synthetic Genomics Inc. have announced that, in joint research into advanced biofuels, they have modified an algal strain to more than double its oil content without significantly inhibiting its growth. Using advanced cell engineering technologies at Synthetic Genomics… [Read the full story]

Algatech opens new US subsidiary

Algatech opens new US subsidiary

Algatech has announced the opening of Algatech Inc., a New York City-based subsidiary created to serve the North American market. The company has appointed Ken Seguine to lead the new operation. Algatech’s expansion into the U.S. is intended to accelerate development of the growing market in… [Read the full story]

Evonik and DSM to build $200M omega-3 operation in Nebraska

Evonik and DSM to build $200M omega-3 operation in Nebraska

Evonik, one of the world leaders in specialty chemicals, and Royal DSM, a global science-based company active in health, nutrition and materials, have chosen Blair, Nebraska as the location for the commercial-scale… [Read the full story]

PHYCO2 redirects algae production to agriculture, nutrition markets

PHYCO2 redirects algae production to agriculture, nutrition markets

PHYCO2 LLC, an algae growth and carbon dioxide sequestration company based in Santa Maria, CA, has announced that the company is shifting its focus to meet the growing market demand for algae production…. [Read the full story]

Algaia and AIDP partner for North American market

Algaia and AIDP partner for 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… [Read the full story]

And now it’s time

And now it’s time

You have voted. And now it’s time to reveal the results of the 2017 A.I.M. International Readers’ Poll of who and what people, issues, and developments are leading the evolution of the algae industry. If you’ve been one of those people tracking all things algae for a while, you’ve seen how… [Read the full story]

TerraVia looking to sell?

TerraVia looking to sell?

Jeff Gelski writes in BakingBusiness.com that South San Francisco-based TerraVia is engaged with strategic and financial parties that could result in a sale of all, substantially all or a portion of the company. TerraVia on May 3 filed a form 8-K with the Securities and Exchange Commission saying… [Read the full story]

Thrive Algae Oil receives a Best New Product award

Thrive Algae Oil receives a Best New Product award

Algal-based foods manufacturer TerraVia, of South San Francisco, CA, has announced that Thrive® Algae Oil has received the 2017 Best New Product Award, the leading consumer-voted Consumer Packaged Goods (CPG) award, from market research firm BrandSpark International… [Read the full story]

Kemin acquires Algal Scientific’s beta-glucan technology

Kemin acquires Algal Scientific’s beta-glucan technology

Kemin Industries, a global nutritional ingredient company, has acquired unique beta-glucan manufacturing technology from Algal Scientific. Headquartered in Plymouth, Michigan, Algal Scientific focuses on solutions for animal and human nutrition using a unique algae production system. This technology… [Read the full story]

AlgaPrime increases aquaculture distribution <br>— Wolfson steps down

AlgaPrime increases aquaculture distribution
— Wolfson steps down

TerraVia, Bunge Limited and BioMar Group have announced the expansion of their distribution agreement for AlgaPrime™ DHA — a native, whole algae specialty feed ingredient high in omega-3 DHA ­— making the product… [Read the full story]

Snopes takes on Pruitt’s CO2 denial

Snopes takes on Pruitt’s CO2 denial

Alex Kasprak, of conspiracy and misinformation debunking site Snopes, does a fact check on newly appointed EPA administrator Scott Pruitt’s claim that carbon dioxide is not “a primary contributor to the global warming that we see,” and that scientists are still debating the issue. During a March 9, 2017… [Read the full story]

DSM and Evonik JV for omega-3 from marine algae

DSM and Evonik JV for omega-3 from marine algae

Essen, Germany-based Evonik, and Royal DSM, headquartered in Kaiseraugst, Switzerland, have announced their intention to establish a joint venture for omega-3 fatty acid products from natural marine algae for animal nutrition. This innovation will, according to the partners, enable the production… [Read the full story]

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