Loading...

Resultado de Busqueda:

"Lorem Ipusm"

2 resultados

News

Return

AlgaEnergy and Yokogawa sign strategic partnership and equity agreement to accelerate growth of the microalgae biotech sector

06 November, 2018

The entry of Yokogawa as a shareholder will enable AlgaEnergy to reinforce its position of international leadership.

 

 

 

Foto 2. Foto detalle Fotobiorreactor_LR

AlgaEnergy, a Spanish biotechnology company specializing in the production and commercial applications of microalgae, and Yokogawa Electric Corporation, a leading provider of industrial automation, control, and measurement technology, announce the signing of a partnership & equity participation agreement. The strategic agreement involves an approximately 10 million euro investment by Yokogawa to acquire newly issued shares of AlgaEnergy, making the Japanese company a reference shareholder.

Microalgae are a diverse group of unicellular photosynthetic micro-organisms that can thrive in a wide variety of aquatic habitats, such as oceans, lakes, and rivers. Their rapid rate of reproduction means they can be utilized effectively as a biological resource. They are recognized as having great potential to contribute to a more sustainable society through applications in diverse sectors ranging from agriculture, food, and animal feed through to pharmaceuticals, cosmetics, biomaterials and, in the future, sustainable biofuels.

AlgaEnergy has been a pioneer in the microalgae biotechnology field since 2007. It is currently operating a commercial production facility in the south of Spain.  In late 2015, the company launched the world’s first line-up of microalgae-based biostimulant* products to promote efficient crop cultivation.

The entry of Yokogawa as a shareholder will enable AlgaEnergy to reinforce its position of international leadership, with the equity investment being used to fund a set of ambitious projects, including international expansion of its biostimulant product sales organization, entry into new sectors such as food and cosmetics, and development of its promising product pipeline.

However, the scope of the agreement extends beyond just financial investment. The two companies, which share strong synergies and a common vision, seek to build an industry-leading partnership in the microalgae biotechnology sector worldwide by collaborating in the areas of R&D, manufacturing, marketing, and sales. AlgaEnergy will leverage its broad knowledge and experience in the microalgae biological processes, accumulated throughout more than four decades of R&D by its scientific leader, the world-renowned microbiologist Professor Miguel Garcia Guerrero of the University of Seville. Yokogawa will provide the advanced technologies and knowhow related to automation of industrial processes that will be key for maximizing quality and efficiency as production volumes increase.

United by a commitment to sustainability

Augusto Rodríguez-Villa, AlgaEnergy’s president, highlighted that, “This agreement is the best possible partnership in the journey to achieve our mission to leverage the potential of microalgae worldwide. We share the same vision for the future, the belief that more sustainable development is possible and that microalgae can be a key contributor towards that objective.”

Tsuyoshi Abe, senior vice president and head of the Marketing Headquarters at Yokogawa, added, “Yokogawa aims to contribute directly to the UN’s Sustainable Development Goals through its core business activities, and this year we established a new Life Innovation business unit in line with that. This is our first serious foray into clean technology in the bioeconomy, which was recently added as a new focus area in our long-term business framework, so we have high expectations for this exciting strategic partnership.”

Vista Planta de Arcos de la Frontera_v2

 

LAST NEWS:

AlgaEnergy, new partner of the Technology Platform Food for Life-Spain

AlgaEnergy, new partner of the Technology Platform Food for Life-Spain

The PTF4LS, led by the Spanish Food and Drink Industry Federation (FIAB), promotes the transmission of research, scientific and technological advances through public-private collaboration between the main agents in the agri-food sector.

27 July, 2022
AlgaEnergy participates in an event organized by Expansión to highlight the role of the circular economy as a driver for economic reactivation

AlgaEnergy participates in an event organized by Expansión to highlight the role of the circular economy as a driver for economic reactivation

Organized by the economic information newspaper Expansión and the Constucía group, the agenda included a round table with the participation of María Segura, Deputy General Manager of AlgaEnergy. 

06 July, 2022
Statement: AlgaEnergy laments the death of Mario Tredici, Honorary President of the EABA

Statement: AlgaEnergy laments the death of Mario Tredici, Honorary President of the EABA

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
AlgaEnergy participates in a meeting with Ambassadors for the European Climate Pact in Spain and the European Commission

AlgaEnergy participates in a meeting with Ambassadors for the European Climate Pact in Spain and the European Commission

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
AlgaEnergy brings, together with AseBio and the MNCN, science to society

AlgaEnergy brings, together with AseBio and the MNCN, science to society

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
AlgaEnergy participates in B Corp's B Good Day

AlgaEnergy participates in B Corp's B Good Day

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
Representatives of MAPA and the European Commission visit AlgaEnergy

Representatives of MAPA and the European Commission visit AlgaEnergy

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
AlgaEnergy joins CEOE

AlgaEnergy joins CEOE

The Board of Directors of the business association has approved the incorporation of the biotechnology company to CEOE.

03 May, 2022
BioAg Asia 2022: AlgaEnergy wins Best Biostimulant product and BioAg CEO awards

BioAg Asia 2022: AlgaEnergy wins Best Biostimulant product and BioAg CEO awards

AlgaEnergy attended, on 20-21st April 2022, to the event BioAg Asia 2022 organised by the Agriculture Today Group.

29 April, 2022
AlgaEnergy receives the CEPYME International Development Award

AlgaEnergy receives the CEPYME International Development Award

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