[ad name=”The Buzz Sponsor Ad”]

SES acquires wild seaweed operation in Norway

December 18, 2013
AlgaeIndustryMagazine.com

Brown kelp macroalgae could ultimately offer an almost unlimited global supply of commercial-quality ethanol or biomethane, says Paal Bakken, founder and CEO of Seaweed Energy Solutions (SES), based in Trondheim, Norway.

Brown kelp macroalgae could ultimately offer an almost unlimited global supply of commercial-quality ethanol or biomethane, says Paal Bakken, founder and CEO of Seaweed Energy Solutions (SES), based in Trondheim, Norway.

Trondheim, Norway-based Seaweed Energy Solutions (SES) has announced it has reached an agreement to buy all of Norway’s Biotrål AS in a deal that transforms SES’ position to one of Europe’s leading producers of seaweed.

The combination of SES and Biotrål, a major harvester of wild seaweed, opens up new business opportunities by immediately increasing volumes to supplement SES’ growing seaweed farming operations, improving logistics, boosting economies of scale and reducing the seasonal impact on production.

“Biotrål’s ships and its staff’s long experience at sea, combined with SES’ cultivation skills and infrastructure, is a powerful combination that makes sense,” said SES chief executive Pål Bakken. “Moving into the wild harvest business fits perfectly with SES’ strategy.”

Biotrål, based on the island of Frøya in Norway, owns two ships and operates all year long. “At Biotrål we were planning to expand the business and to start basic processing of the raw-material close to the source. By joining the SES team, we believe we can reach that goal quicker and jointly be a stronger force both operationally and in the market”, said Biotrål chief executive Hallgeir Bremnes.

Seeing market opportunities as it develops the production scale necessary for seaweed as an alternative energy source, SES has decided to adopt a flexible business approach by also offering seaweed products in other areas. The purchase of Biotrål marks an important step in that strategy.

“Our long term goal of making seaweed a competitive source of biomass for energy remains,” said Bakken. “However, there is strong demand for sustainable biomass for other purposes such as fish feed, animal feed and various chemicals – our focus now is to establish ourselves as a reliable supplier in that market.”

Since 2009 SES has invested about 13 million euros on developing low cost cultivation technology suitable for large-scale cultivation in both coastal and fully exposed waters. In Norway, SES is in the process of securing additional cultivation licenses to scale-up the operation. This year SES acquired the Danish cultivation business Seaweed Seed Supply AS. Over 286 Hectares of cultivation licenses have been secured and a 40,000 ton hatchery has been built, ready to supply the local seaweed industry in Denmark.

SES is currently in the process of securing funding for its continued expansion. Financial terms of the agreement with Biotrål were not disclosed.

More Buzz…

HOME Algae Industry Jobs

Copyright ©2010-2014 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
Developing renewable fuel from wet algae is one of the latest innovations Richland, Washington-based Pacific Northwest National Laboratory (PNNL) has successfully driven ...
Nutritionaloutlook.com this month gives a well-rounded survey of how algae’s uses in food, beverage, and supplements keep expanding. Here is an excerpt: Thanks to the 201...
Don Willmott writes in Huffington Post about Nevada-based Algae Systems, which has built a test plant on Alabama's Mobile Bay to not only turn algae into diesel fuel but ...
Sebastian Rich reports on PBS Newshour about the Central African Republic city of Bangui, which has been caught in the crossfire between warring Muslim and Christian grou...
Japan’s IHI Corporation has announced that they have succeeded in stably cultivating a modified high-output algal strain in a 1,500 square meter open pond in Kagoshima, K...
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...
DENSO Corporation, Toyota Motor Corp.’s largest supplier, has announced that it will build a large test facility to culture Pseudochoricystis ellipsoidea – an oil-produci...
Hannah Osborne writes in the International Business Times that algae has been genetically engineered to kill cancer cells without harming healthy cells. The algae nanopar...
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....
Algaculture, or algae farming, like any form of agriculture, is highly sensitive to fertilizer costs. A major roadblock to commercial algae farming is efficient utilizati...
Fiona Macrae writes for the London Independent that British scientists claim to have found a green alga that produces a sugar-like chemical to protect it from harm. When ...
Kuo Chia-erh reports for Taipei Times that Taiwan Cement Corp, the nation’s leading cement supplier, has announced plans to expand its microalgae farm, which produces ast...