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Micro matters

energy and the steam. There are other people trying to do the same thing but usually on a smaller scale and they’re sitting in the mid-west of the US using coal and gas and GM corn and all sorts of other things and would not be able to replicate this without massive investments. Many people are trying to get into this market but we have a factory that is running now and producing in significant large commercial quantities a product that is unique. We already have a leg up on the market. Would it be possible to add capacity at the Brazil facility or would you have to build elsewhere? Miguel: We can add capacity there – we have the energy, the sugar and the space to do so and that would likely be the most reasonable option. But we can also replicate the design now that we know that it works and it functions and we can do that in other places that we have. At the moment we only have sugar mills like that in Brazil but we have eight of them so we could do it elsewhere too. What is your current production? Miguel: Our rate is 10,000 tonnes a year production, but we haven’t sold that yet. How long before you’re up to full capacity? Walt: When Bunge and Terravia first designed the plant in Brazil our main target capacity was 100,000 tonnes. As we’re now using a different

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microalgae than we were originally using to make the oil, the capacity really depends on how good the microalgae is and how you feed it and everything. So rather than talk about 100,000 tonnes of capacity for the AlgaPrime DHA, I think we’re more comfortable talking about being able to make tens of thousands of tonnes in that factory today. If BioMar, or another company, said they wanted more, could you ramp up production quickly? Walt: We have the plant, we have a number of fermenters. It just depends on how many we’re going to run on the AlgaPrime versus other products that we’re making for other customers. Miguel: We have five fermenters that are seven storeys tall each, 625,000 litres each, 625 cubic metres each. There is nothing like that anywhere else. Walt: In summary, we are making AlgaPrime DHA at commercial scale today. We are shipping the product to be incorporated into aquaculture feeds via our partner BioMar. We are not thinking about it, we’re not planning to

do it, we’re doing it! Miguel: Walt and I have been to many, many meetings – in Norway and Chile - and you can see people’s eyes light up. Walt: As part of our strategic relationship with BioMar we have been invited by them to participate in very high level meetings with their customers, which I think is the ultimate sign of mutual respect and enthusiasm on both of our parts. In my conversations with some of the CEOs of the largest salmon farmers in the world, they are impressed by the fact that we’re ready to go. We will work together to drive the incorporation of this new algal source of omega-3 as broadly as we can to meet their needs as well as the needs of their customers and consumers. FF

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Profile for Fish Farmer Magazine

Fish Farmer Magazine january 2017  

Serving Worldwide Aquaculture Since 1977

Fish Farmer Magazine january 2017  

Serving Worldwide Aquaculture Since 1977

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