Astaxanthin specialist Algalíf Iceland has signed an agreement to make use of production process by-products.
On its 10th anniversary, Algalíf Iceland has signed an agreement with start-up company Marea to develop a food coating from leftover algae biomass.
Algalif produces sustainable natural astaxanthin from microalgae. In this process, leftover biomass and oxygen are the only significant by-products. Currently, the leftover biomass is used as a fertiliser, but the company was looking into other uses.
The product will be a biodegradable food coating that will both reduce plastic use and reduce food waste by increasing the shelf life of food.
This utilisation is a novelty and can be an important step towards increased sustainability in Iceland and around the world. It is an important contribution to the value-creating circular economy of the future.
