Corbion expects to lower costs for algae-based ingredients

AMSTERDAM — Corbion nv executives gave insights on how the acquisition of TerraVia Holdings, Inc., an algae-based ingredients company, could benefit Corbion during a capital markets day on Nov. 9. Enzymes in Corbion’s bakery ingredients and antimicrobials in its meat ingredients are two promising areas. Amsterdam-based Corbion also hopes to bring down the costs of algae-based ingredients.

Corbion announced its acquisition of TerraVia Holdings on Sept. 29.

Actually, what makes us unique by taking a company on like TerraVia is that our capability could produce large-scale fermentations at low cost,” said Tjerk de Ruiter, chief executive officer of Corbion, on Nov. 9.

Costs of algae-based oil potentially could become more comparable to palm kernel oil, he said.

“A palm kernel oil, you can check that on the market,” he said. “I think the pricing varies from $900 to $1,500 a ton. This technology will not replace oil. This technology will replace specific fractions of palm kernel that are much higher valued.”

Marcel Wubbolts, Ph.D., chief technology officer for Corbion, spoke about enzymes in bakery.

“Enzymes are the catalysts of nature, and also in the portfolio of TerraVia, we are using enzymes as well, and we are engineering enzymes in algae to make our products fit better,” he said.

Other Corbion ingredients work to inhibit bacteria in meat products, such as by avoiding Listeria or Salmonella.

“We have great competencies there, and we are now also very excited about adding some of the AlgaVia products because some of the algae oils are also known to have antimicrobial effects,” Dr. Wubbolts said.

Corbion expects to lower costs for algae-based ingredients – اخبار زیست فناوری

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