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Algalif breaking ground for the biggest astaxanthin production in the world

By News

Algalif has started construction on its 12.500 m² astaxanthin production facilities in Iceland. Today, the honorable Icelandic minister of finance, Mr. Bjarni Benediktsson, and Mr. Kjartan Már Kjartansson, the honorable mayor of Reykjanesbaer, broke ground on the new building.

When it is finished in 2023, it will be the biggest, most sustainable, and most technically advanced astaxanthin production facility in the world. The investment in the expansion project is 30 million US$.

All production will be sustainable and Algalif will stay a zero-fossil fuel company, using only 100% green geothermal energy.

“Everything is going according to plan, and we look forward to being able to serve our customers even better in the coming years as a reliable business partner offering sustainable quality natural astaxanthin products,” says Orri Björnsson, Algalif CEO.

Since its foundation in 2012, Algalif has gained status as an industry leader in the production of high-quality sustainable natural astaxanthin from microalgae. This is due to superb production quality and delivery security, along with extensive industry knowledge of the management team and competitive cost structure.

Algalif awarded as the best astaxanthin supplier in the world.

By Awards, News

Global Health and Pharma Biotechnology Awards 2021:

Algalif is the best Natural Astaxanthin Products Supplier.

 

Global Health & Pharma magazine from the UK-based publishing house AI Global Media has awarded Algalif Iceland as the best Natural Astaxanthin Products Supplier of 2021 at the sixth annual Biotechnology Awards.

“We are honored by receiving these esteemed awards,” says Orri Bjornsson, Algalif´s CEO. “But the real honor belongs to our wonderful and dedicated team”.

Sustainability is the key

Algalif is one of the most sustainable companies in its field worldwide. The company recently updated its environmental policy manifesto where the company describes its goals and will to be exemplary and inspire others in environmental matters.

Expansion on schedule

Algalif recently announced plans of 30 million US$ expansion. Production will more than triple when the new facility is operational in 2022. A new state-of-the-art factory will establish Algalif as a worldwide industry leader in astaxanthin production.

Further info

Further information about all winners:

www.ghp-news.com/winners/algalif/

www.ghp-news.com/issues/biotechnology-awards-2021

Further information about Global Health and Pharma and AI Global Media:

www.ghp-news.com

www.aiglobalmedialtd.com/brands

Further information about Algalif:

www.algalif.com

Photos

 

Happy summer.

By News

Today is the first day of summer according to the old Icelandic calendar. From now on the nights will be short and bright until winter sets in. It is a public holiday in Iceland, so the staff of Algalif might not answer any emails or phone calls until tomorrow.

Happy summer from the Algalif Team.

We are proud of our women

By News

About a third of Algalif´s employees are female. They come from all over the world and do all sort of jobs within the company, from production to management and science. We are proud of our women and the company would not be where it is without them. Even though we value them every day, we want to use this opportunity to celebrate them especially on International Women´s Day. Thank you all for your invaluable contribution to the success of Algalif!

#IWD2021

Dr. Tryggvi Stefánsson

Icelandic Algalif scientist among pioneers in mapping algae cultivation as part of the Blue Bioeconomy

By Articles, News

An international group of fifteen scientists recently published an article in the scientific journal Frontiers in Marine Science. There, an attempt is made to map algae production in Europe. According to the paper there are 447 companies involved in cultivation and processing of algae in Europe. This is the most comprehensive study of its kind ever made. The project is connected to EU Blue Bioeconomy initiative.

Authors, including Dr. Tryggvi Stefánsson from the biotechnology company Algalíf in Iceland, found a total of 447 such companies in 23 countries in Europe. The companies are roughly classified into three categories; those that process seaweeds and macroalgae, those that grow the blue-green cyanobacteria Spirulina or those that produce microalgae. Algalíf, Dr. Stefánsson’s company, for example, falls into the latter category.

Almost 500 algae companies in Europe

Just over half of 447 companies produce microalgae or Spirulina, while just under half produce macroalgae. In that part, France, Spain, and Ireland are the largest in terms of number of producers. The majority of the 225 companies who work with macroalgae, use what grows wild, but about a third are in cultivation.

When it comes to microalgae or Spirulina, it is almost exclusively cultivated. Spirulina manufacturers in Europe are 222, divided between 15 countries but most of them are located in France, Italy, Germany and Spain.

Most of the companies are small or start-ups

There are 74 microalgae producers, most of them in Germany, Spain and Italy. In total, such production takes place in 16 countries. Some companies are in both in microalgae and Spirulina cultivation, or 33 companies. Most of these companies are small or on pilot scale, especially when it comes to the production of microalgae.

Algalíf in Iceland is one of the largest microalgae companies in Europe, producing more than 10% of all microalgae biomass in the continent according to the information from the paper. Algalíf also seems to be far ahead of most others in technological expertise, sales systems, and production stability.

Lots of future possibilities

According to the authors of the paper, there is a real possibility of a great and bright future for cultivation and algae processing in Europe. But at the same time, it is important to pay close attention to environmental challenges, especially regarding the utilization of wild algae.

Only a few companies in algae cultivation have achieved significant success it seems, in terms of stability, profitability and efficiency, and Algalíf in Iceland is one of them. The company produces astaxanthin which is used as a dietary supplement and in various other products such as cosmetics. This one company produces more than 10% of all microalgae biomass produced in Europe.

The article can be found by clicking on this text or on the logo below.

Where sustainability is a way of life

By Algalif in the media, News

Startup.info is a very popular and cool entrepreneurial website that over 100,000 people read weekly. This week, they are running a big story on Algalif, and an interview with Orri Björnsson, Algalif´s CEO. The main news now is about Algalíf and sustainability.

It is great to see all the hard work from the staff and management result in such an elaborate and great coverage.

Click here or on the picture to read the article. 

 

Photo by Styrmir Kári & Heiðdís Photography.

Astaxanthin producer Algalif Iceland announces 30 million US$ expansion.

By News

Production will more than triple when the new facility is operational in 2022.

New state of the art factory will establish Algalif as a worldwide industry leader in astaxanthin production.

Algalif Iceland has announced its 30 million US$ expansion plan for its sustainable astaxanthin production facilities in Iceland. “This is one of the biggest foreign investment projects in Iceland for a while” says Orri Björnsson, Algalif CEO.

Construction will begin early next year. Production will more than triple, from over 1.500 kg to 5.000 kg of astaxanthin annually. The company will thereby be the biggest astaxanthin producer in the world. Read More

Great year for astaxanthin producer Algalif Iceland.

By News

2020 looks to be the best year in the history of Algalif Iceland with stable production and sales of over 1.500 kg of pure astaxanthin. The company has established itself as a market leader in the production of high quality sustainable natural astaxanthin from algae since it was founded in 2012.

Its location in Iceland means that Algalif has access to an abundance of clean natural water and 100% green geothermal energy. The company’s dedication to all-around sustainability means it renowned for exceptionally clean quality astaxanthin.

It is company policy to aim at 360° sustainability and that goal is within reach with all operations being powered with green energy and zero fossil fuel usage within the company.

On top of all that the extensive market knowledge of the management team and competitive cost structure has made Algalif Iceland a market leader and resulted in the best year in the company’s history.