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…

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...
Karen Phillips writes for deeperblue.com that algae are the alveoli in the ocean lungs of our planet, vitally important to the health of the seas as home, food source, sa...
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...
Nicolas Sainte-Foie writes for Labiotech.eu about French startup Algopack manufacturing bio-based plastics made from brown algae. Founded by Rémy Lucas in 2010 and manage...
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...
Researchers at Iowa State University, in Ames, Iowa, are developing technology, using algae, that improves the efficiency of wastewater reclamation. The system uses verti...
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...
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 ...
Matt Stultz writes in MakeZine.com about Algix’ unique 3-D printing filament created with a combination of algae and Polylactic Acid (PLA) – a biodegradable thermoplastic...
The genome of the fuel-producing green microalga Botryococcus braunii has been sequenced by a team of researchers led by a group at Texas A&M AgriLife Research. The r...
Marlene Cimons, nexusmedianews.com reports that researchers at the University of California San Diego and Sapphire Energy have successfully grown a genetically engineered...
Almost two years ago, on June 28, 2015, the rocket carrying experiments from Chatfield High School to the International Space Station disintegrated 139 seconds into its f...