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
By sending algae into space, a U.S. Department of Agriculture (USDA) scientist and his team will be able to study some of the key mechanisms that control plant growth and...
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...
The Algae Biomass Organization (ABO) released the following statement calling on the EPA to include Carbon Capture and Utilization strategies in rules proposed June 2, 20...
Four years after the first optimistic calculations, the experimental cultivation of algae at Wageningen University in the Netherlands appears to be meeting expectations. ...
The Guardian reports that Prince Edward Island (P.E.I.), Canada-based Solarvest has created an inventive system utilizing a specific algal strain to grow and produce EPA ...
Kyae Mone Win reports in the Myanmar Times that spirulina has been harvested from Twin Daung lake in Sagaing’s Bu Ta Lin township for over a decade, but climate change an...
Algae manufacturer Cyanotech Corporation has announced implementing three major initiatives to improve Astaxanthin production at their Kailua Kona, Hawaii-based cultivati...
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...
Bookending the upcoming Algae Biomass Summit, Sept. 29-Oct.2 in San Diego, will be industry tours to give attendees a first-hand look at the latest progress in technical ...
Using a combination of satellite imagery and laboratory experiments, researchers have evidence showing that viruses infecting those algae are driving the life-and-death d...
Oregon State University researchers are combining diatoms, a type of single-celled photosynthetic algae, with nanoparticles to create a sensor capable of detecting minisc...
SCHOTT AG, of Mitterteich, Germany, and Algatechnologies Ltd. (Algatech), based at Israel’s Kibbutz Ketura, have signed an R&D agreement to strengthen their partnersh...
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...
Solazyme, Inc. and Versalis, the chemical subsidiary of Eni S.p.A., one of the world’s largest oil and gas companies, today announced a partnership to expand the commerci...
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...
Iran-based Qeshm Microalgae Biorefinery Co. (QMAB) has launched a biofuel being marketed as BAYA®, produced from a species of Nannochloropsis (strain 6016) isolated from ...
William Tucker writes in fullfreedom.org about the lure the oceans have for advocates of biofuel, particularly in Scandinavia. “Two-thirds of the globe is covered with wa...