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New projects: Cellunor and CIRCALGAE

We are excited to announce the addition of two new R&D projects — Cellunor and CIRCALGAE! Specialty celluloses from Laminaria hyperborea for high-value applications: Cellunor Alginor has landed another project with the Research Council of Norway (RCN), this time in the call “Innovation Project for the Industrial Sector 2022”. The gross budget of the Cellunor […]

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Announcing Hypomar Ocean 1

Announcing Hypomar Ocean 1 Haugesund and Karmøy: Alginor ASA is pleased to announce that its wholly owned subsidiary, Hypomar AS, has signed an agreement with Fitjar Mekaniske Verksted AS for a newbuild harvesting vessel — Hypomar Ocean 1 — based on designs from Solstrand Trading AS. Hypomar Ocean 1 is 24.5 metres long (LOA) and […]

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A major green deal for Alginor

Borregaard, Hatteland and the EIC fund to invest up to NOK 427 million in a total capital raise of up to NOK 497 million Alginor ASA and its founding company Zirconia AS, has come to an agreement with Borregaard, Jakob Hatteland and the European Innovation Council Fund in raising approximately NOK 300 million in equity capital through a direct offering of new […]

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Algefilm — replacing single-use plastics

The Research Council of Norway funds the Algefilm project with NOK 12.6 million. Plastics have become one of our greatest environmental concerns, as they become increasingly ubiquitous in our oceans.  Bits of plastic are unwittingly eaten by fish and fowl. Large whales routinely mistake plastic bags for food and succumb to bellies packed with garbage. […]

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Annual General Meeting 2021

The annual general meeting was held in Alginor’s headquarters in Haraldsgata 162 on Wednesday, 9 June. The general assembly approved the annual report and financial statements for Alginor ASA for 2020, as proposed by the board. At their own discretion, Kjetil Rein and Nina Widvey stepped down from the board of directors. Their proposed replacements, […]

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Agreement for the purchase of the Ydra Facility at Husøy

Alginor has come to an agreement with Hatteland for the purchase of the industrial facility at Husøyvegen 281 (the Ydra facility), located at the Husøy peninsula on Karmøy. The agreement is at a total price of NOK 30 million, with title to the building to be transferred upon payment. The board is considering the alternatives […]

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Alginor meets Norwegian Prime Minister Erna Solberg

Alginor’s CEO Thorleif Thormodsen took part in a roundtable discussion with the Prime Minister on Friday 19 February. Due to corona restrictions, the meeting was held digitally. The roundtable took place online, Friday 19 February, and included other Rogaland-based sustainable, green companies, including Beyonder AS and Horisont Energi AS. For more information and to view […]

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Alginor’s “Green Deal” EU project DACOTA has launched

The DACOTA project officially started 2 November 2020. The grant agreement with the European Union has been signed, and Alginor has received the initial 60% grant pre-financing of €1.5 million. The DACOTA-project is the company’s plan for transitioning from R&D to full industrialisation and commercialisation of Alginor’s product portfolio, and includes design and construction of […]

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Eurostars application accepted – marine carbohydrates

Eurostars recently accepted Alginor’s project application “Converting carbohydrate polymers from Nordic algal biomass into high-value biotech products”. The project’s focus is the carbohydrates in Laminaria hyperborea and includes alginates and cellulose. Eurostars is a joint programme between EU through Horizon 2020 and national research organisation (i.e. the Research Council of Norway) through the EUREKA network. […]

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Fucomed granted funding by the Research Council

Earlier this year, the Research Council of Norway granted Alginor NOK 16.25 million to fund our Fucomed project. Through Fucomed, the company seeks to thoroughly research the biopolymer fucoidan, and methods of extracting and applying its potential in real-world cases. The project has a total budget of NOK 23.2 million, giving an aid intensity of […]

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Amino acids from kelp – ALEHOOP

In a Joint Undertaking (BBI JU), the EU through Horizon 2020 together with the Bio-based Industries Consortium, are funding ALEHOOP with over €5 million, at 70% aid intensity. Through the project, a group of 16 companies, institutes, and other entities, seek to alleviate the need for soy-based protein in European food and animal feed production. […]

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New Oslo location

Alginor has entered into a three-year rental agreement with Thon for office spaces in Oslo, across the road from the Oslo Courthouse. On the first floor of C. J. Hambros plass 4, there are spacious offices for five people, as well as excellent presentation and meeting facilities. The facility brings the company closer to the […]

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Ordinary General Meeting 2020

Alginor ASA’s ordinary general meeting was held on 6 March in the company headquarters. All resolutions were unanimous. A handful of new investors were in attendance, making this a very productive meeting. For details on the meeting, download the signed protocol here.

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Alginor and The Bellona Foundation partnership

Alginor and The Bellona Foundation have joined forces to focus on environmental effects of kelp harvesting and Alginor’s technology development. The cooperation revolves around Alginor’s research project on kelp harvesting technology – Hypomar – where Bellona coordinates the efforts to map environmental effects throughout the innovation process. Bellona will also assist Alginor in finding solutions […]

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Alginor sponsorship

Alginor has signed on as a silver sponsor for the Food Hydrocolloids Conference 2019 and will be attending the conference in Lisbon, Portugal from April 28–30. The conference is arranged by IMR International and aims to facilitate networking and exchange between stakeholders in the hydrocolloids industry.

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Project funded by the EU

In July 2018 we received funding from the European Union’s Horizon 2020 research and innovation framework programme under grant agreement No 830698. Of the 1658 applications that were submitted for the SME programme phase 2 only 65 proposals received funding, Alginor among them. The programme has a acceptance rate of less than 4%, which is […]

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A forest of gold

A forest of gold exists just below the ocean surface. The seaweed forest is as important to the climate as forests on land and works as a hiding place for both small fish and animals. Most consumers eat or use seaweed products daily, as seaweed contains essential natural products that are used in everything from […]

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New employees

During the fall of 2018 Alginor hired two new employees: Linn Margrethe Bringedal and Marie Emilie Wekre. Linn Margrethe Bringedal is currently working on a master’s degree in Chemical Process Technology at NTNU (Norwegian University of Science and Technology). She has six years of experience from FMC Biopolymer where her main responsibility was process control, […]

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Innovation Norway loan granted

In April 2017 Alginor was granted a start loan of NOK 1.5 million from Innovation Norway. Innovation Norway offers both grants and loans to businesses that are focusing on further development and growth. Businesses with lucrative projects tied to expansion, development, restructuring and internationalization are eligible for the loan. Alginor’s loan is interest-free for 2 […]

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Bionær/Marinforsk

In January 2017, the Research Council of Norway (Norges Forskningsråd) committed Alginor to a 3-year development project that will cost NOK 9 million, where 50% of the capital is given as a grant. However, in combination with the SkatteFUNN arrangement, the grant will cover 70% of the capital. The project represents another important breakthrough for […]

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EU SME Instrument

Alginor — alongside a partner in the UK — was in December 2016 granted €50,000 from Horizon 2020, through EU SME Instrument Phase 1. Among several thousand applicants in the EU, including 40 Norwegian businesses, only two Norwegian proposals were approved. The project is set to be carried out in 2016–2017 with Nina Widvey as project […]

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