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
Oregon State University researchers are combining diatoms, a type of single-celled photosynthetic algae, with nanoparticles to create a sensor capable of detecting minisc...
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 ...
Portuguese cement facility, Secil, and microalgae biotechnology company, A4F, also based in Portugal, have formed AlgaFarm, a joint venture to develop the use of cement f...
Biplab Das reports in NatureAsia.com that a research team has found aqueous extracts of the marine brown algae Lobophoro variegate that can inhibit the replication of hum...
U.S. farmers and biofuels makers are watching for the Environmental Protection Agency’s (EPA’s) final decision on the 2014 Renewable Fuel Standard rules, which will set t...
On September 25, 2014, a photobioreactor for the cultivation of algae was officially unveiled during a seminar at Thomas More University College in Mechelen, Belgium. Und...
In October 2014 an unusual AlgaePARC research paper entitled Design and construction of the microalgal pilot facility AlgaePARC was published in the Journal of Algal Rese...
Most Americans get plenty of protein, primarily from animal products including meat, eggs and milk. But for many, ensuring a healthy protein intake can be challenging. In...
Cyanobacteria, also known as blue-green algae because of their color, have endured for more than 2.5 billion years, providing ample time to adapt to changes in the Earth'...
Kevin Quon writes in Seeking Alpha about the financial plights and pivots of Solazyme, the algae industry’s most high profile recent IPO. In a year that started with a sh...
Much of the development of the algae industry in 2014 was driven by domestic and international alliances, partnerships, and mergers that brought complementary skills and ...
Green Star Products, Inc. (GSPI) has signed a contract to build a demonstration facility in Las Vegas, Nevada, to produce commercial quality algae. The Hybrid Algae Produ...
In an age where customer input is as easy as a click, OriginOil has tapped directly into its intended market to R&D their next generation algae harvester -- with a de...
Designboom.com is showcasing the “Spirulina Fountain” designed by bureau A. The installation constitutes a hybrid, fusing the production basins of the intense blue-green ...
Researchers Greg O’Neil of Western Washington University and Chris Reddy of Woods Hole Oceanographic Institution (WHOI), have exploited an unusual and untapped class of c...