Visit  cricatalyst.com!Nexus — Leaders in Greenhouse Systems Integration Check out more of The Buzz

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
Jamie Radford writes in the Illawarra Mercury that Pia Winberg, from the University of Wollongong, believes that the South Coast of New South Wales, Australia (NSW) is in...
Gilbert, AZ-based Heliae has announced a partnership with Sincere Corporation, a Japanese waste management and recycling company, to form a joint venture and develop a co...
Algae Industry Magazine is pleased to announce a new Algae 101 series by our popular blogger, Mark Edwards, Professor, Arizona State University. The Algae Solutions to Na...
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...
Steven Mufson reports for the Washington Post that Algenol Biofuels estimates hackers have attempted to break into its computers 39 million times in four months this year...
In an effort to propel the algae industry forward, the Algae Testbed Public Private Partnership (ATP3) offers a series of hands-on specialized workshops suited for partic...
Following a request from the European Commission, the European Food Safety Authority (EFSA) Panel on Dietetic Products, Nutrition and Allergies (NDA) was recently asked t...
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 ...
The EPA has released the Annual Use of Pesticides in the U.S. Report. We now know that American farmers apply roughly a billion pounds of toxic chemicals intentionally in...
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...
With their new CO₂ processing-platform called AstaCos, AlgaeBiotech can produce waxy particles of only 50-100 µm in size with a loading of 25% astaxanthin oleoresin. The ...
Algix, parent company of Solaplast, will be inaugurating their algae-to-plastic facility in Meridian, Mississippi, on November 14, 2014. Solaplast's facility will be focu...
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...
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...
Western Morning News reports that Westcountry scientists in the U.K. are using algae to develop an innovative new method of cleaning up contaminated mine water while harv...
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'...