[ad#The Buzz Sponsor Ad]

SEE ALGAE Sells Algae Farm to Brazil’s Grupo JB

June 25, 2012
AlgaeIndustryMagazine.com

SEE ALGAEVienna, Austria-based SEE ALGAE Technology GmbH (SAT), a leading developer of infrastructure for the commercial production of high-quality algae, has announced that it has signed an agreement to supply and install a one hectare “dual-use” algae production plant for Brazil-based Grupo JB (“JB”), one of the country’s leading bioethanol producers. Once operational, this farm will primarily be utilized to produce algae biomass and bioethanol from both natural and genetically modified algae strains. The algae biomass is to be used as a replacement for soybean meal in feed for livestock and fish.

Under the €8 million agreement, SAT will design an algae farm and provide its algae cultivation technology to JB, oversee the farm’s installation, and ensure the farm’s initial productivity.

Separately, SAT has also entered into a joint venture (JV) with Grupo JB to market the Company’s algae production technology in Brazil. The JV, “ALGAS DO BRASIL,” will make use of JB’s extensive commercial contact network to enhance SAT’s marketing efforts. ALGAS DO BRASIL will be 63% owned by SAT and 37% owned by JB.

“We are truly proud to have Grupo JB as not only the first commercial customer for our micro-algae production technology, but also as a strategic marketing partner,” said Dr. Joachim Grill, CEO of SEE ALGAE Technology. “We believe that this marks a significant step forward in the evolution of our Company and validates both our exclusive technology and the commercial viability of algae, especially for use in feed and biofuels. With Grupo JB as our strategic partner in Brazil, we expect to take a leadership position in this exciting technology.”

Go to HOME Page

Copyright ©2010-2012 AlgaeIndustryMagazine.com. All rights reserved. Permission granted 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
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 ...
In a recent study, published in PLOS ONE Journal, the influence of light intensity on the growth and lipid productivity of Nannochloropsis salina was investigated in a fl...
James Goodman writes in the democratandchronicle.com about Jeffrey Lodge, an associate professor of biological sciences at Rochester Institute of Technology, who knows wh...
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...
Rich McEachran writes in the Guardian that, in the process of surfacing a road, layers of asphalt – which is composed mostly of bitumen (a byproduct of crude oil distilla...
Using microalgae to capture CO2 is a complex process, especially in flue gas environments, reports an editorial by IEA Clean Coal Centre in worldcoal.com. There are many ...
Modesto, California-based G3 Enterprises, Inc. has entered into an agreement with Commercial Algae Professionals (CAP) to represent their unique drying technology in the ...
The Symbiosis Center in Denmark is exploring the industrial potential of microalgae, reports EUobserver's Regional Focus magazine. Using CO2 and light to produce valuable...
Algae producers moving from pilot to commercial applications require quick adaptation to algae harvesting capacity of hundreds and even thousands of cubic meters per day....
Researchers at Arizona State University (ASU) and engineers at Salt River Project (SRP), one of the nation's largest public power utilities, are conducting joint research...
The Green Friendship Bridge series examines a simple question: “What makes better sense, extending the border wall with Mexico 1,300 miles or taking 13 miles of fence inv...