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

Felcra, Algatech sign MoU for algae production

December 6, 2017
AlgaeIndustryMagazine.com

The MoU was signed by Felcra Berhad chief executive officer Datuk Zulkarnain Eusope and Algaetech CEO Dato Paduka Syed Isa Syed Alwi during the 13th World Islamic Economic Forum at the Borneo Convention Centre. Photo by Muhd Rais Sanusi

TheBorneoPost.com reports that Felcra Berhad, a corporate organization wholly owned by the Malaysian Government, and Malaysia-based algae producer Algatech International Sdn Bhd have signed a memorandum of understanding (MoU) to explore and develop the algae industry with the focus on commercial production.

The MoU outlines that the two parties shall collaborate to jointly conduct research and development on wastewater remediation using algae technology, develop a business plan on the production of algae on mass scale for food security production, further develop Felcra’s existing line of products into value-added products using algae anti-oxidants and nutrients, potentially develop an algae park and eco lodge, and develop additives and feed for aquaculture and poultry.

The MoU was signed by Felcra Berhad chief executive officer Datuk Zulkarnain Eusope and Algaetech CEO Dato Paduka Syed Isa Syed Alwi, in a ceremony witnessed by Prime Minister Datuk Seri Najib Tun Razak during the 13th World Islamic Economic Forum (WIEF) at Borneo Convention Centre Kuching (BCCK). WIEF chairman Tun Musa Hitam and Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan were also present.

“Algaculture is a new form of agriculture farming in Malaysia with high technology using oil palm residues or bio resources dumped from factories into ponds,” Zulkarnain told reporters during an interview. “The pond can be prepared for algae cultivation, for the extract to be turned into superfood or vitamins.”

Astaxanthin has become of particular interest to the company. “For Felcra, we see the high potential and good opportunity in this new sector. As such, we want to explore further the algae pond in Felcra, which will be an extension to our present resources,” he said.

“Through this MoU,” said Zulkarnain, “we are confident to develop at least one algae food supplement product by the middle of next year,” noting that this is a new industry with high technology which Algaetech has established in recent years.

The first algae pond, he said, is expected to be established in Seberang Perak and, if successful, would be expanded to all six Felcra palm oil mills as well as four other joint venture enterprises throughout the country.

Additional material from tvsarawak.com

Read More

More Buzz…

Copyright ©2010-2018 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
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...
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...
The U.S. Department of Energy (DOE) has announced the selection of three projects to receive up to $8 million, aimed at reducing the costs of producing algal biofuels and...
Adoption of advanced technologies in various stages of natural astaxanthin production, such as microalgae harvesting, cultivation, extraction, and drying, have been major...
The European Synchrotron Radiation Facility (ESRF) reports that an international team has discovered an enzyme which allows microalgae to convert some of their fatty acid...
Colorado State University scientists and Arizona State University’s Arizona Center for Algae Technology and Innovation are partners in a three-year grant of up to $3.5 mi...
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 c...
Ali Morris writes in dezeen.com that Dutch designers Eric Klarenbeek and Maartje Dros have developed a bioplastic made from algae, which they believe could completely rep...
Watertechonline.com reports that the All-Gas project in the El Torno treatment plant in Chiclana, in southwestern Spain, in the province of Cádiz, has started its demonst...
Cody Nelson writes for MPRNews.org that a team of University of Minnesota-Duluth researchers wanted to know how shortening winters — and less ice cover on lakes — might i...
The Algae Biomass Organization (ABO) reports the introduction of the Algae Agriculture Act of 2018 (H.R. 5373), a bill that would give algae cultivators and harvesters ma...