Solarvest signs agreements with two unnamed EU production facilities

September 15, 2014 |

In Canada, Solarvest BioEnergy has signed agreements with two unamed EU contract production facilities. These facilities will implement Solarvest’s proprietary production process and algae strains to produce high value Omega-3’s to Solarvest’s specifications. The first facility has commenced production of high-DHA product samples that will be suitable for formulation and testing by prospective customers in the EU and North America. This production agreement will ensure the rapid procurement of sample product for Solarvest’s customers to formulate and test Solarvest’s all-natural organic Omega-3’s in their existing products and applications. Analysis will be done to generate data for registration as a nutritional food ingredient. The second facility is currently producing high quality, EU approved, organic products and Solarvest is working with them to facilitate commercial scale production using Solarvest’s process. The Company is scaling up to produce commercial production volumes. Production at these facilities will coincide with the continued development of the Company’s production capabilities at its PEI facility.

 

Category: Fuels

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