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.
https://issuu.com/ceomedia/docs/bfm-issue-no.84-i?fr=sOGZjYzE2OTExMzM
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
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.
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.
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.
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.
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.
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
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.
Algalif®, Icelandic producer of pure, high-grade, natural astaxanthin products from microalgae, will exhibit in stand K18 at the 9th Annual Vitafoods Asia Conference in Singapore September 25th and 26th, showcasing new developments and applications for its Astalif™ astaxanthin ingredients.
“Market research firm Euromonitor reported that from 2004 to 2018 the sports nutrition category grew 190% globally, and is expected to exceed $23 billion by 2023,” said Orri Björnsson, CEO of Algalif. “Natural astaxanthin has many beneficial applications in sports nutrition, and Astalif is an important ingredient
consideration for manufacturers aiming to leverage the explosive growth of this market.”
Exercise can lead to an excess of free radicals, ultimately causing oxidative damage. Together with the production of lactic acid, oxidative stress can contribute to reduced capacity, fatigue and depletion of muscle energy stores during strenuous or prolonged muscle work. Astalif astaxanthin is a pure and potent ingredient with proven benefits that make it ideal for specific applications in sports nutrition, including:
Algalif has developed an informative whitepaper with detailed information and scientific studies supporting the benefits of Astalif for use in sports nutrition products. The whitepaper will be available at the Algalif stand K18 at Vitafoods Asia.
Leveraging the environment and assets of its Icelandic location, Algalif makes responsible use of its natural resources including pure, naturally filtered water and renewable energy to process pure, premium quality astaxanthin. Algalif also recently announced an expansion of its manufacturing capabilities with the addition of a spray dryer, enabling the company to increase downstream capacity and facilitate the development of new algae ingredients and novel product formats. Additionally, the process improvements help to ensure the quality, stability and efficacy of Astalif astaxanthin over time.
Algalif experts will be available at stand K18 at Vitafoods Asia to provide more information on its capabilities and step through specific ingredient formats and solutions for your unique product development and formulation requirements.
Algalif®, Icelandic producer of pure, high-grade, natural astaxanthin products from microalgae, will exhibit in stand K18 at the 9th Annual Vitafoods Asia Conference in Singapore September 25th and 26th, showcasing new developments and applications for its Astalif™ astaxanthin ingredients.
“Market research firm Euromonitor reported that from 2004 to 2018 the sports nutrition category grew 190% globally, and is expected to exceed $23 billion by 2023,” said Orri Björnsson, CEO of Algalif. “Natural astaxanthin has many beneficial applications in sports nutrition, and Astalif is an important ingredient
consideration for manufacturers aiming to leverage the explosive growth of this market.”
Exercise can lead to an excess of free radicals, ultimately causing oxidative damage. Together with the production of lactic acid, oxidative stress can contribute to reduced capacity, fatigue and depletion of muscle energy stores during strenuous or prolonged muscle work. Astalif astaxanthin is a pure and potent ingredient with proven benefits that make it ideal for specific applications in sports nutrition, including:
Algalif has developed an informative whitepaper with detailed information and scientific studies supporting the benefits of Astalif for use in sports nutrition products. The whitepaper will be available at the Algalif stand K18 at Vitafoods Asia.
Leveraging the environment and assets of its Icelandic location, Algalif makes responsible use of its natural resources including pure, naturally filtered water and renewable energy to process pure, premium quality astaxanthin. Algalif also recently announced an expansion of its manufacturing capabilities with the addition of a spray dryer, enabling the company to increase downstream capacity and facilitate the development of new algae ingredients and novel product formats. Additionally, the process improvements help to ensure the quality, stability and efficacy of Astalif astaxanthin over time.
Algalif experts will be available at stand K18 at Vitafoods Asia to provide more information on its capabilities and step through specific ingredient formats and solutions for your unique product development and formulation requirements.
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