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 confirms its participation in Fruit Attraction 2021 for its 7th consecutive year

AlgaEnergy confirms its participation in Fruit Attraction 2021 for its 7th consecutive year

The event brings together a large community of 2,000 enterprise participants and 95,000 visitors spanning 140 countries and 18 sectors.

07 September, 2021
AlgaEnergy presents the last trends for biologicals in Latin America at the World Agri-Tech Virtual Event

AlgaEnergy presents the last trends for biologicals in Latin America at the World Agri-Tech Virtual Event

Our Regional Leader for Latin America South and East Africa, Fabricio Benatti, led a round table on 'Creating the Right Value Proposition for Biologicals'.

13 July, 2021
Caixa Capital Risc and the State of Spain become shareholders of AlgaEnergy to accelerate the growth of the microalgae biotech sector

Caixa Capital Risc and the State of Spain become shareholders of AlgaEnergy to accelerate the growth of the microalgae biotech sector

This represents a significant capital increase that AlgaEnergy and its management team will leverage to strengthen its international footprint.

12 July, 2021
AlgaEnergy participates at New AG International’s Virtual Farm to Fork Event

AlgaEnergy participates at New AG International’s Virtual Farm to Fork Event

It was an interesting opportunity to not only share our company story, but also our unique journey from start-up to global leader and our learnings along the way.

06 July, 2021
AlgaEnergy goes back to in-person events at Les Culturales 2021

AlgaEnergy goes back to in-person events at Les Culturales 2021

During the 3-day event, the company introduced SynCro™️, its line of new biostimulants based in microalgae developed exclusively for the French market

01 July, 2021
Augusto Rodríguez-Villa, President of AlgaEnergy, invited to NEF Tendencias

Augusto Rodríguez-Villa, President of AlgaEnergy, invited to NEF Tendencias

Organized by the leading debate organization in Spain, Nueva Economía Forum, the conference will be broadcasted live and on streaming, next Wednesday 26th of May.

17 May, 2021
AlgaEnergy signs the United Nations Global Compact

AlgaEnergy signs the United Nations Global Compact

The biotechnology company joins the more than 12,500 signatories of this initiative around the world, which seeks to strengthen private sector alliances to achieve the SDGs.

21 April, 2021
AlgaEnergy, highlighted in the VII CEPYME Awards

AlgaEnergy, highlighted in the VII CEPYME Awards

The biotechnology company has been selected as a finalist in two important categories: International Development and SME of the year.

14 April, 2021
AlgaEnergy: the first company in the world in its sector to become B Corporation

AlgaEnergy: the first company in the world in its sector to become B Corporation

The microalgae biotechnology company joins 3,800 B Corporations worldwide that are reinventing business by pursuing purpose as well as profit.

23 March, 2021
AlgaEnergy, protagonist in the presentation of BioSpain 2021

AlgaEnergy, protagonist in the presentation of BioSpain 2021

Augusto Rodríguez-Villa, President of the biotechnology company, participated in a round table that highlighted the role of biotechnology as a strategic sector for the economic recovery of Spain and Europe.

04 March, 2021