| Sister companies |
IntroductionCequesta Algae is a separate development company located alongside Cequesta Water. Cequesta Algae is focusing on algae engineering and has already achieved significant technological breakthroughs in low cost production.Algae production has attracted enormous interest recently because
Some backgroundMore than 2000 tonnes of various algae are produced every year for high value foods and nutraceuticals. These markets are still small. To break into mass markets, cost per tonne of algae biomass must drop substantially. There is a race on to produce low cost algae biomass to be turned into bio-fuels. To this end, more than 20 American companies have attracted funds using the knowledge and theories of phycologists or algae scientists. Cequesta philosophyIn contrast to our American counterparts, we emphasize the following
Our development programmeThe fact that the world’s oceans are being rapidly depleted of all fish is well known. Increasingly we eat farmed fish rather than wild fish but this is no environmental solution. What is less well known is that farmed salmon and other fish need to be fed six times their weight on wild fish meal depleting the oceans further. In addition the cost of fishmeal has risen substantially during the last 2 years to $ 1500 per tonne and is expected to reach $2000 per tonne by 2010. In contrast to bio-fuel applications, the algae biomass must be produced at $250-350 per tonne - a tall order and not possible in the short term. |

