Ingrepro To Invest In Malaysia PowerFarm

Written by WTJ on May 23, 2008 – 12:00 am -

algae

Bernama (21/5/2008):

KUALA LUMPUR, May 21 (Bernama) — Dutch biotechnology company Ingrepro BV Wednesday announced its plan to invest over 10 million euros (RM49.8 million) in algae plantations for healthcare products, feed additives and development of the PowerFarm concept in Malaysia.

The PowerFarm to be set up at Technology Park Malaysia is an industrial large scale algae production plant to produce cradle-to-cradle renewable biodiesel and biogas.

ingrepro logo

It will produce algae for biomass using industrial and agricultural waste water, said Ingrepro’s director and chief executive officer Carel Callenbach after signing a technology transfer and business collaboration agreement with Biomac Corp Sdn Bhd and a memorandum of understanding with Algaechem Sdn Bhd here.

It’s good to hear that there are more biotechnology companies invest in Malaysia. Malaysia has stable and suitable weather conditions for growing algae. Algae can be used as fertilizer, alternative energy source (as mentioned in the news), pollution control (the use of wastewater), produce stabilizing substances, and nutritious (can be made into food, such as seaweed a.k.a. “fat choy“). Algae also can be used as agar, chemical dyes and coloring agents. Cosmetics products can also be made by using microalgae.

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    One Comment to “Ingrepro To Invest In Malaysia PowerFarm”

    1. Onderzoeken, dealen, oogsten: waar zitten we? « Everything you want to know about algae, but were afraid to ask. Says:

      [...] ook introduceren in Maleisiƫ. In totaal gaat Ingrepro meer dan 10 miljoen euro investeren. Hier en hier is meer informatie te [...]

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