Alltech opens Kentucky algae plant

Animal nutrition company Alltech has opened its US$200 million algae plant in Winchester, Kentucky that is going to produce in April. Alltech Algae is a state-of-the-art algae fermentation facility that was acquired in 2010 from Martek Bioscience Corporation for approximately US$14 million and has been renovated in the past few months to begin in April as one of the largest algae production sites in the world.

 “For Alltech, algae fermentation presents the latest technological frontier from which we expect incredible opportunities in the areas of food, feed and fuel to arise,” said Dr. Pearse Lyons, founder and president of Alltech. “We have already been working in this area for several years and see it playing a major role in both human and animal health and nutrition. I am confident that this will be one of the key pieces that will help our company pass the US$1 billion revenue threshold in 2015,” Dr. Lyons continued. Read more ...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.