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The report provides an overview of the wide range of non-fuel applications of algae – both current and future prospects. It will provide entrepreneurs with an idea of how to derive more benefits from their algal energy ventures. The report provides detailed case studies, success stories and factoids of companies that have been involved in the algae products venture More »

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Bioplastics Market & Strategy Advisor, published by the Bioplastics Guide, is a unique guiding framework for businesses and entrepreneurs to chart a way forward provides a critical analysis of the status, opportunities & trends of the global bioplastics sector. More ››

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Cellana, Galil Algae Deal to Further Algae Nutraceuticals Research?

A new deal between Cellana, a California-based maker of algae-based products, and Israel’s Galil Algae Cooperative Agriculture Society Limited could have interesting implications for biodiesel (possibly a negative implication here) and for nutraceuticals (really positive here). This Cellana news release says the partnership looks to combine the industrial qualities of Cellana’s ReNew™ Algae – high-value algae biomass rich in Omega-3 nutritional oils, proteins, fuel-grade oils, cosmetic-grade oils, acids, and polysaccharides, as well as other valuable micronutrients – with Galil Algae’s whole-algae products that are rich in Omega-3s for aquaculture applications at a new joint algae research center in northern Israel.

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“This newly-established relationship with Galil Algae is an extension and validation of Cellana’s core competencies in minimizing contamination in large-scale outdoor algae biomass production and in growing algae strains that naturally produce high-value Omega-3 oils,” stated Martin A. Sabarsky, Chief Executive Officer of Cellana. “Many of the same strains that can be grown for aquaculture hatchery applications can also be good sources of crude oil for fuel applications, proteins for animal feed and food applications, and oils and polysaccharides for cosmetic applications,” continued Mr. Sabarsky.

Galil Algae officials see the deal as a way for them to partner their high-performing, high-Omega-3 algae strains with Cellana’s approach to commercial strain development and market focus within the nutraceutical and aquaculture sectors.

I’m not entirely sure why Cellana CEO is mentioning fuel in the same breath as nutraceuticals. Nutraceuticals from algae sell at about $100,000 per T, fuel sells at $1000 per T. This deal seems to make a lot of sense to me in the context of nutra (astaxanthin, chlorella, omega 3 etc) and animal feed than for fuels.

What do you think?

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