Yokogawa and AlgaEnergy, a Spanish biotechnology company specialising in the production and commercial applications of microalgae, have announced the signing of a strategic partnership and equity participation agreement. The agreement involves an approximately €10 million investment by Yokogawa to acquire newly issued shares of AlgaEnergy.
Microalgae are a diverse group of unicellular photosynthetic organisms that can thrive in a wide variety of aquatic habitats, such as oceans, lakes and rivers. Their rapid rate of reproduction means they can be utilised effectively as a biological resource through applications in diverse sectors ranging from agriculture, food and animal feed, through to pharmaceuticals and sustainable biofuels. The entry of Yokogawa as a shareholder will enable AlgaEnergy to reinforce its position of international leadership, with the equity investment being used to fund projects that include international expansion.
From the editor’s desk: 4IR could solve South Africa’s youth unemployment problem July 2019, Technews Publishing (SA Instrumentation & Control)
, News
From 4-6 June, Africa Automation Fair 2019 attracted some 4500 visitors and 131 exhibitors from seven countries, including Australia, China, Germany, South Africa, South Korea, Switzerland and Taiwan. ...
Read more...4IR in South Africa: SAIMC involved from day one. Technews Industry Guide: Industrial Internet of Things & Industry 4.0
, News
The Fourth Industrial Revolution (4IR), also known as Industry 4.0, has necessitated that countries develop new policies, strategies and innovation plans to enable an inclusive whole-of-society approach ...
Read more...Announcing MESA’s 2019 award winners July 2019, MESA Africa NPC
, News
MESA International has announced this year’s winners of the 12th Annual Outstanding Contribution Award. A new Innovative Service award was also announced in honour of long time community member, Tom Bruhn. ...
Read more...Robin Briggs appointed managing director of BMG July 2019, Bearing Man Group t/a BMG
, News
Robin Briggs has a passion for strategy and a commitment to driving successful business growth in South Africa’s industrial sector. He brings to BMG a wealth of product knowledge, a thorough understanding ...
Read more...Arca receives prestigious award July 2019
, News
Arca has been awarded the quality label ‘Innovative through Research’ for the year 2018/2019 by the German Association for the Promotion of Science and Education (Stifterverband für die Deutsche Wissenschaft). ...
Read more...PoolSense: set to change the face of pool maintenance forever Technews Industry Guide: Industrial Internet of Things & Industry 4.0
, News
The automatic pool cleaner changed the face of pool cleaning forever, but maintaining the quality of the water has remained a difficult and expensive task. PoolSense is about to change this. An unobtrusive ...
Read more...R&C Instrumentation receives accreditation from Fluke July 2019, R&C Instrumentation
, News
R&C Instrumentation is pleased to announce that the company has received accreditation from Fluke Process Instruments for its Infrared Temperature Calibration facility. This facility is housed in a climate-controlled ...
Read more...Test Dynamics launched to represent National brands July 2019, Test Dynamics
, News
Test Dynamics has been appointed to provide continued representation of the National Instruments brand following a decision by National Instruments to pursue a distribution model in southern Africa.
...
printer friendly version