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Canadian firm Solarvest signs up German partners to produce organic algal DHA oil

Canadian algae technology firm Solarvest has entered into agreements to produce its omega-3 algae products in the EU. The products will comply with both USDA and EU organic certification requirements, a company official said.

 

The deal with production partners in Germany that are already well versed in microbial production will shorten the company’s path to market, said Garth Greenham, Solarvest’s chief operating officer.  The company originally hoped to have products on the market in March of this year.

“We are moving ahead on two fronts. There are the challenges we face every day as a public company and the raising of capital never happens as fast as we might hope. We will continue to build up our facility on Prince Edward Island, but this agreement gives us the chance to significantly shorten that time frame,” Greenham told NutraIngredients-USA.

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