It is a great pleasure for Algalíf Iceland, at its 10th anniversary, to sign an agreement with Start-Up company Marea on the development of food coating from leftover algae biomass.
Algalif produces sustainable natural astaxanthin from microalgae. Leftover biomass and oxygen are the only significant by-products. Currently, the leftover biomass is used as a fertilizer.
The product will be a biodegradable food coating that will both reduce plastic use and reduce food waste by increasing the shelf life of food.
This utilization is a novelty and can be an important step towards increased sustainability in Iceland and around the world. It is an important contribution to the value-creating circular economy of the future.
Biotech company Algalif Iceland was founded on May 5th, 2012. Since then, after more than 50 million US investments, it has grown to be a workplace of 50 employees with 12 million US annual export. It is a zero-emission company and an industry leader in the field of sustainable natural astaxanthin. The company actually binds 75 tons of Co² every year. And we are still growing strong.
Algalif has been awarded the Global Health and Pharma Biotechnology Awards 2022 as the Best Natural Astaxanthin Products Supplier. Algalif got the same award in 2021.
This is the seventh time that the UK-based Global Health & Pharma magazine gives out the international Biotechnology Awards. The magazine is a part of AI Global Media publishing house.
“We are honored by receiving these esteemed awards for the second time,” says Orri Bjornsson, Algalif´s CEO. “But the real honor belongs to our dedicated team and their hard work.”
Algalif is one of the world’s biggest producers of sustainable natural astaxanthin. Algalif is the first and only Icelandic Company to be awarded the GHP Pharma Biotechnology Awards and therefor also the first Icelandic company to win it twice.
Algalíf Iceland is the winner of Biotechnology Awards 2022.
CIO Views was established in Jan 2019. It has offices in Wyoming and Texas in the USA and Maharashtra in India. There are over 12.000 subscribers to the printed version and over 109.000 digital subscribers. The total readership is estimated at over 145.000. There are over 200.000 page views on average every month at CIO Views website.
Algalif Iceland is a world-leading producer of sustainable natural astaxanthin from microalgae. The company only uses 100% green geothermal energy and follows a strict Environmental Policy. And now Algalif Iceland has received Landsbankinn´s Sustainable Finance Label.
Landsbankinn is a leading financial institution in Iceland, offering universal financial services to individuals, corporates, and investors. The bank operates in harmony with the environment and society. For further information click here.
Algalif is among the biggest microalgae companies in the world and will grow even further in the coming years with its expansion. From 2023 the company will produce over 5.000 kg of sustainable natural astaxanthin in its 12.500 m² production facilities in Iceland. Thereby, it will be the biggest producer of natural astaxanthin in the world.
The picture shows Orri Björnsson, CEO of Algalíf og Hrafn Hardarson from Landsbankinn.
In accordance with Algalif´s Environmental Policy Manifesto, Algalif´s astaxanthin products are now certified as a CarbonNeutral®. Algalif produces plant microalgae using clean natural water and green geothermal energy.
For two decades, the CarbonNeutral® Protocol has played a critical role in enabling clients to confidently make clear and credible claims about their climate programs and navigate the complicated and rapidly developing landscape of voluntary climate action.
Algalif choose CarbonNeutral® as a green certification partner based on its outstanding reputation. Among other international companies with the same certifications are Microsoft, Logitech, and Sky. For further information regarding the CarbonNeutral® certification please go to www.carbonneutral.com.
US-based Global business magazine CIO Look has chosen Orri Bjornsson, CEO of Algalif, as one of the ten most inspiring CEO´s in 2021 to watch.
The magazine’s article it is brought to the reader’s attention that “in today’s competitive business world, organizations are in dire need of leaders who are mentally oriented to continuously look forward to reaching the finish line, set ambitious goals for themselves and their teams, and are driven by progress. Algaif Iceland found the one as its CEO, Orri Björnsson.”
A photo taken at Algalif´s microalgae plant in Iceland has landed Italian photographer Simone Tramonte the title Environmental Photographer of the Year (EPOTY) in the category Sustainable Cities. The winners of the awards were announced at COP26 in Glasgow.
The Environmental Photographer of the Year (EPOTY) is now in its 14th year. More than 2.000 photographers admitted over 7.000 photos. According to its website, the award showcases the most inspirational environmental photography around the world.
Algalif Iceland has been awarded as one of the top 10 BioTech Startups in Europe 2021 by the San Francisco-based magazine Startup City. The magazine has 131.000 global subscribers and a strong online presence. Algalif is awarded in appreciation of its “relentless pursuit of excellence and innovation in the BioTech Startups technology.”
Algalif Iceland ehf. is committed to ensuring the security and protection of the personal information that we process, and to provide a compliant and consistent approach to data protection. Under the General Data Protection Regulation (GDPR) (EU) 2016/679, we have a legal duty to protect any information we collect from you. To learn more, go to www.algalif.com/privacy-policy
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