🐟 Can algae oil completely replace fish oil...? BioMar says yes.
PLUS: Oceanfarmr announces investment from Builders Vision, and humpback whales seen playing with seaweed.
“The goal to replace fish oil with algae oil is very feasible, not just for BioMar but also for other feed groups" BioMar R&D Lead —Kyla Zatti
Dear algae technologists, operators, and investors, welcome to another edition of the Paxtier Report!
To start the email this week, check out some superb seaweed coverage by Cermaq Global…
It’s great to see more partnerships between finfish and macroalgae aquaculture teams.
Find out more about this collab HERE.
In today’s report…
Markets: 🤝 Korean livestock farmers targeted for access to Aussie-made methane-reducing feed additives.
Deals: 💸 $2 million grant for Global Algae Innovations.
Movers and Shakers: 🏆 Corbion develops fermented algae ingredient for pet nutrition.
Around the web: 📈 SOM demonstrates algae-based 'bio-block spiral' at Chicago architecture biennial.
Markets and Investing
✂️Algae Market Snippets
Some big moves in recent weeks…
Macroalgae
🌱 Seaweed Salad allergen failings prompt fines in New Zealand (Read more HERE).
🐄 Korean livestock farmers targeted for access to Aussie-made methane-reducing feed additives (Read more HERE).
🌱 Fisherfolk are set to benefit from two pilot projects aimed at managing sargassum (Read more HERE).
🏆 Seaweed products created by Kilkeel-based Crawford’s Rock have recently won UK Great Taste awards (Read more HERE).
🌱 Taramar has unveiled its latest skincare solution: the Purification Treatment, which taps into the rejuvenating properties of Icelandic Kelp (Read more HERE).
💸 Village receives ‘unexpected’ good news of $219,300 sargassum reimbursement (Read more HERE).
💸 Last chance to be part of the Vyld seed round: enabling sustainable seaweed tampons (Read more HERE).
💸 Oceanfarmr accounces partnership and investment from Builders Vision (Read more HERE).
🌱 Fukushima firms look to Europe after import ban finally lifted (Read more HERE).
💸 Thailand PM courts firms for investment… and Estee Lauder chairman asks about seaweed in Thailand (Read more HERE).
🌱 BFAR, LGU to expand seaweed nursery in Pangasinan (Read more HERE).
Microalgae
📈 Kemin expands portfolio of whole-body ingredient solutions at SupplySide West 2023 (Read more HERE).
💸 $2 million grant will support partnership between UC Santa Cruz and Global Algae Innovations to test Spirulina’s potential for power plant carbon capture and aquaculture feed development (Read more HERE).
🟢 US Fish and Wildlife Service plans to chemically treat part of Lake Mattamuskeet (Read more HERE).
🟢 Corbion develops fermented algae ingredient for pet nutrition (Read more HERE).
🏛️ EU commission amends regulation for use of the novel food ‘astaxanthin-rich oleoresin from Haematococcus pluvialis algae’ (Read more HERE).
💸 Vinpai announces the initiation coverage of its stock by Invest Securities (Read more HERE).
🟢 Spirulina in space: Researchers receive NASA research grant to study algae growing in space environments (Read more HERE).
📈 Candy growth: dsm-firmenich eyes Japan, South Korea market expansion with exclusive deal (Read more HERE).
📈 Cyanotech: Hawaii aquaculture sales reach record high, with microalgae leading the way (Read more HERE).
🟢 Algotec launches new technology for the production of a drink based on live chlorella (Read more HERE).
🐦Tweets of the week
🔥 What else was hot in algae this week?
Macroalgae
🏆 ProVeg Incubator announces 11th Cohort focused on improving the functionality and quality of alt proteins (Read more HERE).
🌱 A taste for Norwegian seaweed: Tekslo Seafood (Read more HERE).
🐋 Migrating humpback whales around the world seen rolling in and playing with seaweed (Read more HERE).
🌱 South Australian seaweed has anti-skin-aging properties (Read more HERE).
🌱 The 10 point action plan 2030: the seaweed sector in the Greater North Sea Region in 2050 (Read more HERE).
🌱 Just Eat Takeaway.com driving sustainability in “a credible way” (Read more HERE).
📦 Universitas Padjadjaran has made environmentally friendly food wrapping plastic (bio-packaging) made from shrimp shell waste and seaweed (Read more HERE).
🏛️ Maine is one of the first states to consider seaweed carbon storage in its carbon budget (Read more HERE).
Microalgae
🟢 Microalgae digested by insects boost dairy cows’ immunity (Read more HERE).
📝 (Paper) Abundant Sulfitobacter marine bacteria protect Emiliania huxleyi algae from pathogenic bacteria (Read more HERE).
🧱 SOM demonstrates algae-based 'bio-block spiral' at Chicago architecture biennial (Read more HERE).
🟢 A team of researchers at the Federal University of Santa Maria have mapped microalgae to investigate optimal climate zones for cultivation of high-value natural material (Read more HERE).
📝 (Paper) The succession of epiphytic microalgae conditions fungal community composition: how chytrids respond to blooms of dinoflagellates (Read more HERE).
🐟 “Totally feasible to rely on algae oil only”: BioMar says full replacement of fish oil in salmon feed completely viable (Read more HERE).
🟢 E16: In Conversation with John Waite, Co-Founder and CEO of Phycobloom and a Breakthrough Energy Fellow on the state of biofuels and algae (Read more HERE).
🟢 How industrial algae farms can help save the planet and turn a profit | TEDx Wrigleyville (Read more HERE).
That’s all folks!
Thanks again for joining us this week. Hope you have a great day and stay tuned for more algae tech updates soon!
Best,
Peter