Natura-Tec has announced the strategic partnership for the development, manufacture and marketing of microalgae ingredients between the APG Group and Microphyt.
The international oleochemical group of companies APG, with headquarters in Milan, Italy, has operated in sustainable oleo-chemistry and actives since 2008 through marine-technology and biomass manufacturing and research. Microphyt SA is an innovative French company focusing on the development and production of microalgae-based natural active ingredientsfor nutraceuticals and cosmetics industries. They have announced the signing of a strategic alliance to jointly develop and market unique ingredients for food, feed, pharma and cosmetics applications.
The APG Group has recently completed a major investment plan, building the biggest plant for microalgae production in Northern Italy, on the Mediterranean coast, and one of the largest worldwide, with more than 10,000 m2of photobioreactors and open pond installations under greenhouse cover for the manufacture of dry biomass.
Microphyt SA, in addition to its current established business, has been selected by the European Commission programme to benefit from its ‘Horizon 2020 SME Instrument’ that funds market-creating innovation in dynamic businesses that have significant growth potential and global ambitions. Microphyt’s SMILE project for the development of natural marine-derived nutraceutical active ingredients was the only winner in the ‘Blue Growth’ category.