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VALUEMAG

Innovative microalgae bio-refinery for the production of pharmaceutical molecules, nutraceuticals, food additives and cosmetics

VALUEMAG project aims to provide groundbreaking solutions for microalgae production and harvesting as well as scaling up biomass transformation systems in order to provide new technologies for aquatic/marine biomass integrated bio-refineries.

Production-cultivation and harvesting objectives are achieved by using magnetic nanotechnologies: superparamagnetic iron oxide nanoparticles (SPAN) are introduced into microalgae protoplasm in order to confer them magnetic properties. A greenhouse hosts the system to exposure to sunlight, minimize contamination and temperature-humidity uncertainties. Quantity of water is minimized and harvesting will be fast and inexpensive. These innovations permit optimum cultivation, enhance biomass productivity and dramatically lower costs of biomass production.

Biomass is directly utilized by VALUEMAG multi-facilities bio-refinery for the production of pharmaceutical molecules, nutraceuticals, food additives and cosmetics. Using selected microalgae strains, natural products will be extracted by supercritical CO2 extraction, while a new selective magnetic separation method for precise selection of value-added products will be also developed.

The project outputs will bring to the market a broad variety of value-added products in sustainable way. The project is under development by a consortium of 11 European companies and Universities and is financed by European Commission under the program Horizon 2020. During the program our company is responsible for the regulatory approval and market commercialization of the final products.