Construction on Algalif´s 12.500 m² sustainable Natural Astaxanthin production facilities in Iceland are going as planned. The company started its 30 million US$ expansion in the summer of 2021 and the plant will be fully operational by the end of 2023.
Algalif´s current production capability is 1.500 kg of pure Natural Astaxanthin annually. After the expansion, the yearly production will be 5.000 kg of pure astaxanthin. Thereby, Algalif will be the world’s biggest producer of Natural Astaxanthin from microalgae. The company only uses green geothermal energy and pristine natural Icelandic water.
The new plant will also make Algalif the most sustainable, and most technically advanced Natural Astaxanthin producer in the world. This is in accordance with Algalif´s goals to be a leader in sustainability and quality in the microalgae business, as well as a reliable supplier of Natural Astaxanthin at a competitive price.
Algalif will be the world’s biggest producer of natural astaxanthin when its new production plant in Iceland will be operational by the end of 2023.