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
As of March 1, 2015, bbi-biotech GmbH, of Berlin, Germany, has begun integrating IGV Biotech GmbH’s photobioreactors into its own life science product portfolio. A former...
Cellana, Inc., with operations in San Diego and Kailua-Kona, Hawaii, has announced that David Anton, Ph.D., has been appointed Chief Operating Officer and elected to the ...
Montague, Prince Edward Island-based Solarvest has announced that it has used its algal-based production platform to express bioactive therapeutic proteins. The proof of ...
None of us would be alive if sperm cells didn’t know how to swim, or if the cilia in our lungs couldn’t prevent fluid buildup. But we know very little about the dynamics ...
Simris Alg, a pioneering agribusiness producing omega-3 from farmed algae, has been declared one of Sweden’s 33 hottest companies in new technology. The renowned list is ...
Tubular glass photobioreactor (PBR) systems protect algae from harmful environmental factors, keeping strains safer from bio-contamination. The glass tubing itself can be...
Algae “red tide” events often create dazzling nighttime light shows of blue-green bioluminescence resulting from the force generated by breaking waves. While many mysteri...
SciDev.Net’s South Asia desk reports that Indian scientists working on producing biofuel from algae cultured in municipal wastewater are enthused by the findings of a rec...
The Biotechnology Industry Organization (BIO) has named Solazyme CEO and co-founder Jonathan S. Wolfson as the recipient of its 2015 George Washington Carver Award for in...
The fully automated plant at the Fraunhofer Center for Chemical-Biotechnological Processes CBP in Leuna, Germany, was designed to produce microalgae at industrial scale. ...
Joule has announced the issuance of a patent on the direct, continuous production of hydrocarbon fuels — extending its ability to target the highest-value molecules of th...
Earthrise Nutritionals, a wholly owned subsidiary of Tokyo, Japan’s DIC Corporation, is on schedule to complete construction in August, 2015, of a new extraction plant fo...
Tom Redmond and Yuko Takeo report for Bloomberg.com that, after 10 years of developing algae as a nutritional supplement generating $37.8 million in annual revenue, Japan...
The demand for spirulina as a natural food colorant is robust in the North America food processing industry, according to a new study by market intelligence firm Future M...
Nitrogen and phosphate nutrients are among the biggest costs in cultivating algae for biofuels. Sandia National Laboratories molecular biologists Todd Lane and Ryan Davis...