Corbion Expects to Lower Costs for Algae-based Ingredients
Corbion nv executives had a discussion on how the acquisition of TerraVia Holdings, Inc., an algae-based ingredients company, could benefit Corbion. Enzymes in Corbion’s bakery ingredients and antimicrobials in its meat ingredients are two promising areas. Amsterdam-based Corbion also hopes to bring down the costs of algae-based ingredients.
Costs of algae-based oil potentially could become more comparable to palm kernel oil. Enzymes are the catalysts of nature, and also in the portfolio of TerraVia, Corbion is using enzymes as well, and are engineering enzymes in algae to make their products fit better.
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