Fermentalg and SUEZ create joint venture to develop solutions for capturing and valorizing CO2
Type of post: NEWS IN BRIEF.
Fermentalg and SUEZ have signed a memorandum of understanding for the creation in the first half of 2021 of a joint venture, equally owned, which will develop algae photobioreactors capable of capturing CO2 by biomimicry and valorizing it in bioproducts that can be used in the fields of biocontrol, nutrition and animal health.
Figure 1. Fermentalg microalgae fermentation platform (taken from Fermentalg website)
Both companies started the partnership in 2015 and has developed solutions for environmental challenges as the Carbon sink (new generation algae photobioreactor to capture and process CO2 emissions in an industrial environment) and the Combin’Air (air purifier including an algae photobioreactor designed to reduce fine particles and nitrogen dioxide emissions).
The new algal photobioreactor developed by the joint venture will build on these first technological advances deployed in both industrial and urban environments over the past five years. The solution will improve the selection of microalgae strains, new lighting technologies and the identification of high value-added bioproducts, validating the environmental and economic benefits of the model. According to the applications, these bioproducts will contribute to the preservation of soils and biodiversity as well as to human and animal health.
