Announce Supply Agreement with Leading Global Aquaculture Feed Supplier to Address Growing Demand for Sustainable Omega-3s
SAN FRANCISCO & WHITE PLAINS, N.Y.--(BUSINESS WIRE)-- TerraVia™ (Solazyme, Inc.) (NASDAQ: SZYM) ("TerraVia") and Bunge Limited (NYSE: BG) ("Bunge") announced today that they are launching native, whole algae DHA as a sustainable specialty feed ingredient, prioritizing the aquaculture market, which currently uses approximately $3 billion in omega-3 ingredients. DHA, docosahexaenoic acid, is a long chain omega-3 fatty acid that is a critical element for humans and animals, including fish, for healthy growth and development.
AlgaPrime™ DHA will be produced at the companies' SB Renewable Oils joint venture facility in Brazil, where full product scale-up was reached in late 2015. The joint venture partners will act as exclusive distributors for AlgaPrime™ DHA. Product sampling to global aquaculture feed producers has taken place over the last several months.
TerraVia and Bunge also announced that they have reached a definitive commercial supply agreement with one of the world's largest aquaculture feed suppliers. Terms of the agreement were not disclosed. Under the supply agreement, AlgaPrime™ DHA is slated to begin incorporation into fish feed for salmonids in the July-August 2016 timeframe.
"We're excited to build on our experience in the food and feed ingredients industries to bring a new, sustainable and value added source of DHA to the market at the quality, cost and scale the global aquaculture industry needs," said Bunge Limited CEO Soren Schroder.
"AlgaPrime™ DHA is our first major new product from the expanded joint venture with Bunge and could be a real game changer in keeping our oceans healthy by offering a non-marine based, sustainable source of omega-3s to help address the growing ‘fish in, fish out' problem today. It provides a far more sustainable non-fish based source of DHA to help maintain healthy oceans while improving the nutritional value of seafood for our families," said TerraVia CEO Jonathan Wolfson.
Long chain omega-3s such as DHA and EPA (eicosapentaenoic acid) are critical inputs used extensively in aquaculture feed, with fish oil and meal as their main sources. Aquaculture is one of the fastest growing food production systems in the world, a market that is estimated to reach $200 billion annually by 2020. This growth is helping to drive increasing demand for long chain omega-3s, particularly as global supplies of the traditional sources, fish oil and meal, are under serious and increasing pressure from overfishing, quotas and rising demand for human and animal nutrition.
AlgaPrime™ DHA provides a sustainable and efficient source of DHA that can be produced at high volumes to address increasing global demand without endangering fish stocks. About 1 million tons of omega-3 rich fish oil is produced annually for aquaculture, animal feed and human nutrition. To meet this need, today large quantities of wild fish are caught and processed to extract the fish oil. The demand for omega-3s is growing, but the availability of omega-3s from wild caught ocean fish is limited in nature. Wild fish and their prey naturally consume microalgae as their key and original source of DHA, making AlgaPrime™ DHA an excellent replacement for fish oil or meal.
"Aquaculture is becoming an increasingly important contributor to the global food system. To meet the continuing growth in demand for fish oil and fish meal, sustainable alternatives are needed," said Piers Hart, Aquaculture Policy Officer, World Wildlife Fund, UK. "We are eager to see sustainable sources of omega-3 rich oils come to market at scale and reduce pressure on scarce marine resources. The high yield and potentially reduced environmental footprint of algae products produced at SB Renewable Oils in Brazil could make this a more sustainable source of fish feed ingredients."
The SB Renewable Oils facility embodies the principles of sustainable production to produce algae-based products with low carbon, water and land use impacts. This is in part enabled by the use of Bonsucro®-certified sugarcane as the feedstock, and the joint venture partners are in the process of securing certification against the Chain of Custody standard. Bonsucro® is a multi-stakeholder organization that sets standards for the sustainable production of sugar and sugar-derived products at each link of the supply chain, including cultivation, processing and transport.
In addition, sugarcane waste material (bagasse) is an efficient, renewable source of energy and is used to generate electricity and steam that powers the sugar mill and fermentation facility, as well as electricity for general use.
For more information and commercial inquiries, contact us at contact@AlgaPrime.com.
TerraVia™ (Solazyme, Inc.) is a next generation food, nutrition and specialty ingredients company that harnesses the power of algae, the mother of all plants and earth's original superfood. With a portfolio of breakthrough ingredients and manufacturing, the Company is well positioned to help meet the growing need of consumer packaged goods and established and emerging food manufacturers to improve the nutritional profile of foods without sacrificing taste, and to develop select consumer brands. The Company also manufactures a range of specialty personal care ingredients for key strategic partners. Headquartered in South San Francisco, the Company's mission is to create products that are truly better for people and better for the planet. For additional information, please visit TerraVia's website at www.terravia.com.
About Bunge Limited
Bunge Limited (www.bunge.com, NYSE: BG) is a leading global agribusiness and food company operating in over 40 countries with approximately 35,000 employees. Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers; produces sugar and ethanol from sugarcane; mills wheat, corn and rice to make ingredients used by food companies; and sells fertilizer in South America. Founded in 1818, the company is headquartered in White Plains, New York.
Wij zien de overname van TerraVia door Corbion meer als een opdracht van... ?
Is 't DSM, Total of...?
Niet Corbion alleen is de belangstellende in onze ogen. Er zit meer achter en vandaar op de bijzondere prijsvormingen ook van 't aandeel Corbion.
Want er zit voor ca. 50% van de aandelen Corbion in vaste handen zie blz 141 van het Jaarverslag 2016
Trowe Price Ass Inc met 3,02% is er dit jaar bijgekomen en de 19,98% van NN groep = 14,99% geworden.
Wij verwachten dit jaar meer van dit fonds.
Ook al omdat op onze vraag in de AVA van 15 mei 2107, waarom de CEO slechts een verlenging wilde van 2 jaar. De voorzitter nam die vraag over en daar kwam geen antwoord op die voor ons bevredigend was.
De Ruiter heeft meer als Koppelaar gediend in de VS.
hier de link
november 2017 Thursday, 11/09/17 02:02:07 PM
TVIAQ .0145 HOLY SHIT BUNGE/CORBION/TERRAVIA PARTNERS On September 29, 2017, Corbion completed the purchase of TerraVia, which included AlgaPrime DHA. San Francisco-based TerraVia has developed a microalgae platform to deliver high-value ingredients with clear benefits, such as Omega-3 oils for animal nutrition and tailored oils, structured fats and proteins for food, personal care and industrial applications.Corbion Algae Ingredients operates an R&D center and pilot facility in San Francisco, a demonstration plant in Peoria, Illinois and an industrial scale plant in Brazil in a joint venture (50.1% owned by TerraVia) with Bunge. The acquisition is expected to bring high value creation potential for Corbion.
Verwacht wordt dat de acquisitie een groot waardecreatiepotentieel zal opleveren voor Corbion.
Vanuit ons netwerk in de Bio industrie vernamen wij ook de Hoge waarde die TerraVia voor Corbion kon betekenen.(red.)
Unilever bestelt voor $ 200 mln duurzame algenolie
15 mrt. 2016 - De oliën die TerraVia aan Unilever gaat leveren, worden geproduceerd in de Bunge Renewable Oils-faciliteit in Brazilië. TerraVia verwacht dat de ... Tijdens deze samenwerking is Unilever onder meer gestart met het gebruik van algenolie voor de productie van zeep van het merk Lux. Hierbij vormen de ...
TerraVia Holdings, Inc. | LinkedIn
https://hu.linkedin.com/company/solazyme-inc.?trk=ppro_cprof - Vertaal deze pagina
4 okt. 2017 - TerraVia™ is a next-generation food, nutrition and specialty ingredients company that harnesses the power of algae, the mother of all plants and earth's original superfood, to deliver much needed innovation and sustainable solutions to the food industry. TerraVia's algae-based platform is transforming our ...
7 March 2018 Full Year Results 2017
aan U de vraag,
- Welke invloed kan deze mogelijke menger hebben op het Total Bunge deal met
Corbion i.v.m. de algen deal TerraVia Holdings ?
ADM and Bunge merger: Deal could be reached this week.
07 Feb 2018 --- Speculation is mounting that Archer Daniels Midland (ADM)
and Bunge could reach a deal this week as the two companies have been locked
in advanced talks hashing out a merger agreement that would shake-up the
grain and agricultural industries, creating a formidable negotiator for crop
Since late last month, the spotlight has been on the two companies as news
broke that top US grains merchant ADM had approached its smaller rival New
York-headquartered Bunge with a takeover offer. read more on
9 nov. 2017 - Bioplastics. Bij het onderdeel dat bioplastics en harsen
ontwikkelt is volgens Corbion sprake van ,,verschillende initiatieven die op
het punt staan een betekenisvolle bijdrage te leveren aan de omzet''. Het
bedrijf wijst onder meer op joint ventures op dat terrein die zijn
overeengekomen met Total en Bunge.
Antwoord van Corbion aan XEA.nl
i.v.m. de gesloten periode kunnen wij NU niets zeggen.