Algatech invests in Supreme Health

Algatech invests in Supreme Health

Israeli-based Algatechnologies, Ltd. (Algatech) has become the major shareholder in Supreme Health New Zealand, Ltd. (Supreme) to supply the rapidly growing markets in China and Asia-Pacific with astaxanthin and other algae-based products. Algatech, located in the Arava… [Read the full story]

Algae Agriculture Act introduced in Congress

Algae Agriculture Act introduced in Congress

The Algae Biomass Organization (ABO) reports the introduction of the Algae Agriculture Act of 2018 (H.R. 5373), a bill that would give algae cultivators and harvesters many of the same advantages as other traditional crops in United States agricultural policy. The bill was introduced… [Read the full story]

Exxon, SGI target 10,000 bbl/d algae biofuels by 2025

Exxon, SGI target 10,000 bbl/d algae biofuels by 2025

ExxonMobil and Synthetic Genomics Inc. have announced a new phase in their joint algae biofuel research program that could lead to the technical ability to produce 10,000 barrels of algae biofuel per day by 2025. The new phase of research includes an outdoor field study that will grow naturally occurring algae… [Read the full story]

Corbion may acquire Bunge’s stake in SB Renewable Oils JV

Corbion may acquire Bunge’s stake in SB Renewable Oils JV

Corbion, the Netherlands-based global food ingredients company that took over the algal food portfolio of TerraVia last year, has announced that it is in discussions with Bunge Limited regarding the potential acquisition by Corbion of Bunge’s stake in the SB Renewable Oils joint venture. SB Oils, the former joint… [Read the full story]

Algae.Tec to license pharmaceutical delivery platform using algal oils

Algae.Tec to license pharmaceutical delivery platform using algal oils

Plant-based health and wellbeing company Algae.Tec Limited (AEB) has announced that it has entered into a binding Heads of Agreement (HOA) to acquire a significant interest in private Australian-based pharmaceutical delivery… [Read the full story]

Oman Centre, Swedish Algae Factory partner for diatoms

Oman Centre, Swedish Algae Factory partner for diatoms

Trade Arabia reports that the Oman Centre for Marine Biotechnology (OCMB) recently signed a memorandum of understanding with Swedish Algae Factory to support the domestic cultivation of algae as a source for commercially valuable nutrients and nanomaterial for the marine… [Read the full story]

ZIVO and Tianjin Norland to produce ZIVO algae in China

ZIVO and Tianjin Norland to produce ZIVO algae in China

Keego Harbor, Michigan-based ZIVO Bioscience, Inc., a company engaged in the commercialization of nutritional and medicinal products derived from proprietary algal strains, has announced the execution of a letter of intent to produce its proprietary algae strain at Tianjin Norland Biotech (Norland) facilities… [Read the full story]

EID Parry and Synthite announce JV for phycocyanin

EID Parry and Synthite announce JV for phycocyanin

Parry Nutraceuticals (a division of EID Parry and part of the Murugappa Group), located in Chennai, Tamil Nadu, South India, has announced a Joint Venture with Synthite Industries Ltd., of Cochin, on the southwest coast of India, to create a value-added algae company. The 50-50 JV… [Read the full story]

Alltech to close Winchester facility

Alltech to close Winchester facility

Fred Petke reports in the Winchester Sun that Alltech Algae notified Winchester, Kentucky officials this past Friday morning it that would close its Winchester facility “effective immediately.” According to the company, the decision gives the company more flexibility. “Our Alltech Algae facility… [Read the full story]

Mawae Morton new CEO for Cyanotech

Mawae Morton new CEO for Cyanotech

Cyanotech Corporation has announced that its President, Mawae Morton, has been named as Chief Executive Officer and a Director of the company, effective January 24, 2018. Mr. Morton replaces Founder and interim CEO, Dr. Gerry Cysewski, who will return to his role of Chief Scientific Officer… [Read the full story]

Felcra, Algatech sign MoU for algae production

Felcra, Algatech sign MoU for algae production

TheBorneoPost.com reports that Felcra Berhad, a corporate organization wholly owned by the Malaysian Government, and Malaysia-based algae producer Algatech International Sdn Bhd have signed a memorandum of understanding (MoU) to explore and develop the algae industry with the focus… [Read the full story]

Industrial Algae Measurements 8.0

Industrial Algae Measurements 8.0

The new report, Industrial Algae Measurements 8.0, was released by the ABO Technical Standards Committee at the 11th Algae Biomass Summit (ABS) in Salt Lake City this month. The IAM 8.0 collaboration represents contributions of over 30 universities, private companies, and national… [Read the full story]

Corbion’s plan after TerraVia acquisition

Corbion’s plan after TerraVia acquisition

Jeff Gelsky writes in Meat+Poultry that Corbion executives have given insights on how its September 29 acquisition of TerraVia Holdings Inc., an algae-based ingredients company, could benefit Corbion. Enzymes in Corbion’s bakery ingredients and antimicrobials… [Read the full story]

ABS11 Part 2: Astaxanthin increases its prominence

ABS11 Part 2: Astaxanthin increases its prominence

Astaxanthin is a xanthophyll carotenoid of predominantly marine origin, with potent antioxidant and anti-inflammatory effects demonstrated in both experimental and human studies. Arun Nair, CEO, AstaReal reported that the global astaxanthin business is currently worth $550-600 million, with projections… [Read the full story]

Will N. Korea sanctions trigger algal biofuel production?

Will N. Korea sanctions trigger algal biofuel production?

Brandon Jacobs reports in 38North.com that a new algal research facility just outside of Wonsan, North Korea, suggests a growing interest in developing algae as a strategic resource to diversify sources of energy supplies and improve agricultural production, which could over time reduce the country’s… [Read the full story]

Corbion approved as highest bidder for TerraVia

Corbion approved as highest bidder for TerraVia

Following an auction process, TerraVia Holdings and its affiliated debtors have determined that Corbion had submitted the best bid for substantially all of the assets of TerraVia, a food and specialty ingredients company centered on ingredients derived from microalgae. On September 15, 2017… [Read the full story]

Phenometrics expands into China and India with new partnerships

Phenometrics expands into China and India with new partnerships

Phenometrics Inc., a leading manufacturer of desktop photo bioreactors for the algae industry, has expanded its distribution into India and China with two new partnerships. The company has joined with Biolinx… [Read the full story]

Raven to acquire Colorado Lining

Raven to acquire Colorado Lining

Raven Industries, Inc. has announced that it has signed an asset purchase agreement to acquire substantially all of the assets of Colorado Lining International, Inc., headquartered in Parker, Colo. The cash transaction is expected to close in September with Raven paying approximately $14 million and… [Read the full story]

Mimi C. Hall returns to Phenometrics

Mimi C. Hall returns to Phenometrics

Mimi Cook Hall, co-founder of Phenometrics Inc. rejoined the company in July as Sales and Marketing Director. In 2010 — when the company was founded to provide desktop photo bioreactors to the algae scientific community — she was the entrepreneur business partner and co-founder… [Read the full story]

Algae.Tec and Winter Garden launch pot crop

Algae.Tec and Winter Garden launch pot crop

Algae.Tec Ltd has announced the first project to be funded under its Collaboration and Licensing Agreement with Winter Garden Biosciences (“Winter Garden”): the development of an initial crop of active heirloom cannabis, without genetically altered structures and with naturally high levels of cannabinoids… [Read the full story]

TerraVia plans sale to Corbion

TerraVia plans sale to Corbion

TerraVia Holdings, Inc., a pioneer in developing algal-based consumer products, has entered into a “stalking horse” stock and asset purchase agreement with Corbion N.V., a Netherlands-based global leader in food ingredients and biobased technologies, to acquire substantially all of TerraVia’s… [Read the full story]

Algatech expands astaxanthin line into Brazil

Algatech expands astaxanthin line into Brazil

Kibbutz Ketura, Israel-based Algatechnologies Ltd. (Algatech) has received Brazilian Health Regulatory Agency (Anvisa) approval for its all-natural AstaPure® astaxanthin to be used as a food ingredient. This approval makes Algatech the first supplier to start marketing its clean-label astaxanthin… [Read the full story]

Cyanotech Names Mawae Morton President

Cyanotech Names Mawae Morton President

In Hawaii, Cyanotech Corporation’s Board of Directors has named Mawae Morton as President, effective immediately. Mr. Morton will report directly to the Company’s Chief Executive Officer, Dr. Gerald Cysewski. Cyanotech’s Chairman, Michael Davis said, “We are pleased that Mawae has chosen… [Read the full story]

Parry Nutraceuticals and Synthite partner for phycocyanin

Parry Nutraceuticals and Synthite partner for phycocyanin

Parry Nutraceuticals, a division of EID Parry and part of the Murugappa Group in India, has forged a partnership with India’s Synthite Industries, to apply proprietary patented technologies for extraction of phycocyanin, a natural blue pigment found in spirulina. “With this partnership we are… [Read the full story]

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