70,000 Liters of Spirulina Produced at GNE Algae Production Facility
In a Press Release World Health Energy Holdings Inc. (WHEN) has announced that GNE’s algae production facility has successfully grown and harvested 70,000 liters of Spirulina Biomass using the proprietary GB 3000 algae growth system. WHEN recently acquired GNE–India with the distribution and licensing rights to a unique and innovative system to grow algae for energy and food protein. GNE-India owns and retains the territorial rights for distribution and sales of the proprietary technology to both India and Sri Lanka.
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Earlier this year, the GB 3000 system was used to grow a combination of local algae species, as well as Chlorella, targeting the product to the fish feed and biodiesel markets.
Spirulina is an algae-derived nutraceutical sold as a food supplement @ over USD 50 per kg around the world. It contains around 70% protein and it serves as a source of many amino acids, β-carotene, vitamins, especially B12, calcium, iron, potassium, zinc, antibiotics and anti-oxidants. The algae production facility is currently conducting tests on the average rate of production of dry biomass, and will announce the results in the coming months.
Jeremy Werblowsky, CFO of World Health Energy Holdings stated that the announcement is important in that it validates the significant value of the GB 3000 algae growth technology and their success with Spirulina paves the way for WHEN to utilize the GB 3000 algae growth system for other pharmaceutical and nutraceutical crops. Werblowsky added that they are looking forward to finalizing the joint venture partnerships currently in negotiations for the building of commercial algae farms for the production of biodiesel and, in the case of Spirulina production, highly nutritional and economical commercial fish food.
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