Alltech recently acquired an algae fermentation facility in Winchester, Ky., from Martek Bioscience Corporation for approximately $14 million.
“For Alltech, algae fermentation presents our latest technological platform from which we expect incredible opportunities in the areas of food, feed and fuel to arise,” said Founder and President Dr. Pearse Lyons.
According to the company, algae are some of the fastest-growing plants in nature and have the ability to convert large amounts of carbon dioxide into oxygen.
“Alltech is actively developing processes that are derived from a variety of different algae types,” said Becky Timmons, director of applications and quality assurance. “Alltech currently has the largest carbon dioxide sequestering algae pilot plant system in the state of Kentucky and this new acquisition will allow us to move our research yet further towards true implementation.” she continued.
The facility will allow for continued work with Alltech’s carbon dioxide sequestering algae strains and strains that are grown with other carbon sources. The algae will then be used for value-added feed products, algae derived bio-fuel and the production of ethanol.
The laboratory and pilot plant fermentation facilities in the acquisition are of particular interest as they will allow for quick product and process development. The automated control and monitoring systems on the fermenters will allow Alltech to make advances in new and current fermentation processes. One of the main focuses of the facility will be the development of products derived from algae.