This joint venture between MicroAlgae Solutions India Pvt. Ltd, (a subsidiary of AlgaEnergy S.A.), and AgroLife Sciences Corporation, (a part of Krishi Rasayan Group), is set to rapidly bring new solutions at the interface between biology and chemistry to important agricultural markets.
[caption id="attachment_29022" align="alignright" width="350"] The rice is one of the most important crops in India[/caption]
AlgaEnergy’s wholly-owned subsidiary in India, MicroAlgae Solutions India Pvt. Ltd. (MASI), and Krishi Rasayan’s wholly-owned subsidiary, Agrolife Sciences Corporation (ALSC), have formed a 50/50 joint venture in India, AgMA Energy Pvt. Ltd. AgMA Energy, with headquarters in Delhi, India, has been established to develop a world class crop agriculture & aquaculture business and platform that will deliver new and innovative solutions and sevices based on the intersection of biological, microbial and chemical approaches that address the needs of these important markets. The key markets of initial focus for AgMA Energy include, in addition to India, a number of countries in Asia and elsewhere, giving the joint venture an international market presence.
A cornerstone in the foundation of AgMA Energy is the unique technologies and products based on microalgae solutions developed by AlgaEnergy S.A., a Spanish biotechnology company with over a decade of effort creating natural biological solutions for a variety of markets, including biostimulants for crop agriculture and animal nutritions products for a variety of sectors including aquaculture. The AlgaEnergy product portfolio and pipeline contributed to AgMA Energy is complemented by the best-class manufacturing expertise and capabilities, and the market reach, of the Krishi Rasayan Group.
Douglas Ry Wagner, President of International Agribusiness for AlgaEnergy, stated “The AgMA Energy joint venture brings together two outstanding organizations dedicated to delivering the most innovative products possible to help develop sustainable agricultural programs across very important regions of the world. The synergies between AlgaEnergy and Krishi Rasayan Group are uniquely strong and offer an exciting opportunity to create new insights and products for farmers that otherwise may not have been realized without the collaborative efforts of the JV.”
[caption id="attachment_28960" align="alignleft" width="350"] AlgaEnergy's facilities in South of Spain[/caption]
Augusto Rodríguez-Villa, President and CEO of AlgaEnergy S.A. stated “On behalf of the shareholders and staff of AlgaEnergy I wish to express our full confidence and appreciation of the common vision for the future of agriculture that we share with our colleagues from Krishi Rasayan. Bringing together two great organizations through the creation of AgMA Energy will allow us to rapidly deliver the power of AlgaEnergy’s technology and natural products across many regions of the world. AlgaEnergy will continue in innovate to create the best natural products possible, and with the strength and market reach of this JV we look forward to creating long-term value for farmers by providing best-in-class sustainable biological products.”
Rajesh Agarwal, Executive Director of Krishi Rasayan, stated “It’s our great pleasure to be associated with AlgaEnergy and its exciting technology. With the establishment of AgMA Energy we will surely create a new landscape in the biostimulant sector as well as in the overall agricultural space in India as well as globally. This JV will offer a variety of environment friendly crop care solutions to our farmers and thus will be an important initial step towards improving organic agriculture. KREPL (Krishi Rasayan) and ALSC will contribute through its strong farmer base, and its extensive domestic & global distribution network. I am sure we will touch many lives for a greater reason with this technology through the success of AgMA Energy in the years ahead.”
With numerous publications on microalgae biotechnology and important contributions to the design and implementation of photobioreactors, Tredici represents a world reference in applied phycology research.21 June, 2022
Organized by the Spanish Bioindustry Association (AseBio), the meeting was attended by Katerina Fortun, from the Directorate General for Climate Action of the European Commission.20 June, 2022
Within the framework of World Environment Day, AseBio and the MNCN-CSIC organized a conference to bring more than 1,000 people closer to the role of science in protecting the planet.07 June, 2022
Augusto Rodríguez-Villa, President of the biotechnology company, was invited to participate in the round table on leadership that was held within the framework of this event, which is a benchmark in impact economy.06 June, 2022
They visited the Technological Plant for Experimentation with Microalgae (PTEM) of the biotechnology company to learn about the evolution of the work carried out by the MicroClimatt Operational Group.17 May, 2022
The Board of Directors of the business association has approved the incorporation of the biotechnology company to CEOE.03 May, 2022
AlgaEnergy attended, on 20-21st April 2022, to the event BioAg Asia 2022 organised by the Agriculture Today Group.29 April, 2022
CEPYME has awarded the company's international expansion plan, which already has a presence in more than 20 countries and has more than 3 million customers worldwide.26 April, 2022
The biotechnology company has been invited to participate in several activities that will take place within the framework of this benchmark event in innovation and sustainable development.21 April, 2022
The biotech company has been awarded and recognized as the "best business initiative oriented to the SDGs".24 March, 2022