Process

Finnish algae company looking to Brazil and Middle East

March 19, 2013
AlgaeIndustryMagazine.com

Ductor’s biotech lab in Helsinki Science Park

Ductor’s biotech lab in Helsinki Science Park

Ductor, a Finnish biotechnology company specializing in innovative algae technologies, is currently participating in an export promotions trip to Brazil. The business delegation is led by Jan Vapaavuori, the Minister of Economic Affairs for the Ministry of Employment and the Economy of Finland. Finnish companies among the business delegation include various potential co-operation sectors such as Renewable Energy, Offshore Cluster and Mining Industry. Ductor is represented by its CEO and Chairman, Ari Ketola.

“Finland is known as a modern European country with a stable financial performance and leading know-how,” says Ketola. “Ductor has innovated a revolutionary algae technology, one of the most promising new technologies, which has global demand and appeal through the various applications in renewable energy, organic farming, and recycling.

“We are extremely pleased to be able to join this government-led delegation, as ministerial level support is very valuable in opening doors, accelerating introductions to potential partners, customers and other key decision makers. For a young company such support is indeed extremely important and appreciated.”

Ketola acknowledges that Brazil has huge natural resources and an outstanding potential to become one of the economic success stories in the world. “In the renewable energy and organic farming sectors, Ductor is now in the process of actively creating a group of companies that can help commercialize its technology in Brazil and globally,” he says.

Ductor’s meetings in Brazil include Embrapa Bioenergy Research Institute, Brazilian Agency for Industrial Development (ABDI), Brazilian National Confederation of Industry (CNI), National Agency of Petroleum, Natural Gas and Biofuels, Brazilian Development Bank (BNDES), Petrobras Research Center (CENPES), VTT Brazil and Sugarcane Research Center (CTC).

Ductor, a finalist for the prestigious 2013 Red Herring Top 100 Europe award honoring the year’s most promising private technology ventures, also recently participated in an export promotions trip to Qatar and the UAE (United Arab Emirates) with a business delegation led by Jyrki Katainen, Prime Minister of Finland, and Alexander Stubb, Minister for European Affairs and Foreign Trade. Around 30 Finnish companies were among the participants representing skills and know-how in various sectors including high-tech, education, health, sustainable environment and mobile/telecoms.

As part of the business delegation, Ductor’s meetings during the trip included Qatar Science and Technology Park, Qatar National Research Fund and Qatar Petroleum as well as other Qatari energy companies. In UAE/Dubai, Ductor met with representatives from the Dubai Municipality including Dubai Electricity and Water Authority, as well the Minister of Energy and Minister of Public Works. All meetings were led by Jyrki Katainen, the Prime Minister of Finland.

Ductor Corp. is currently looking for candidate partners to license its technology to produce green crude from algae or fertilizers from 100% biologically produced ammonia & phosphates, and is working towards forming a coalition of companies that will own the technologies as well as commercialize them globally.

More Like This…

HOME Algae Industry Jobs

Copyright ©2010-2013 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.

From The A.I.M. Archives

— Refresh Page for More Choices
University of Adelaide researchers are using nanotechnology and the fossils of diatoms to develop a novel chemical-free and resistance-free way of protecting stored grain...
Scientists at the Energy Department’s National Renewable Energy Laboratory (NREL) have demonstrated that just two of six iron-sulfur-containing ferredoxins in a represent...
The University of Greenwich is leading a €10m international project, called the ‘D-Factory,’ to build a biorefinery to develop the microalga Dunaliella as a sustainable r...
Algae.Tec Ltd has received its first purchase order from Reliance Industrial Investments and Holdings Limited (RIIHL), in connection with the arrangements announced on Ja...
In a global scenario where increasing attention is being directed towards issues of sustainability and limited food supplies, algal sources offer immense scope for the ra...
Valensa International and Contract Biotics have announced that Contract Biotics has started construction of an additional six acres of algae production units at the compa...
Libourne, France-based Fermentalg, an industrial biotechnology company that specializes in the production of oils and proteins derived from microalgae, has completed a su...
“Proterro has reached its Q1 sugar-production pilot milestones,” CEO Kef Kasdin reported at the recent Advanced Biofuels Leadership Conference, in Washington, D.C. “In fo...
A team of six University of Calgary researchers has been awarded funding for their project, Cost Effective Biotechnology for Carbon Capture and Re-Use, based on the conce...
In Phys.Org, Yu Yonehara notes the breakthrough research from the Tokyo Institute of Technology on the connection between early marine algae and the development of terres...
Kazuaki Nagata reports from Japan that while the Fukushima nuclear disaster has prompted vigorous discussion about alternative energy in Japan, there is a lack of a paral...
A University of New South Wales (UNSW)-led team of researchers has discovered how algae that survive in very low levels of light are able to switch on and off a weird qua...
Starting in the early 70s, agencies in the former USSR invested more than 20,000 person-years of research and development to produce Bio-Algae Concentrates (BAC) that hel...
Steven Mufson reports for the Washington Post that Algenol Biofuels estimates hackers have attempted to break into its computers 39 million times in four months this year...
In an effort to propel the algae industry forward, the Algae Testbed Public Private Partnership (ATP3) offers a series of hands-on specialized workshops suited for partic...
Matthew Carr was recently named executive director of the Algae Biomass Organization (ABO), the leading trade association for the algae industry. His presence will soon b...
Channelnewsasia.com reports on three young Spaniards who harvest seaweed, a culinary delicacy, as a way for them to stay out of Spain’s troubled financial waters. 35-year...
Chase Ezell writes in Earth911.com about the irony of Algenol’s biggest friction source on the way to marketing their carbon reducing algal-based ethanol being — the EPA ...