This joint venture between MicroAlgae Solutions India Pvt. Ltd, (a subsidiary of AlgaEnergy S.A.), and AgroLife Sciences Corporation, (a part of Krishi Rasayan Group), is set to rapidly bring new solutions at the interface between biology and chemistry to important agricultural markets.
[caption id="attachment_29022" align="alignright" width="350"] The rice is one of the most important crops in India[/caption]
AlgaEnergy’s wholly-owned subsidiary in India, MicroAlgae Solutions India Pvt. Ltd. (MASI), and Krishi Rasayan’s wholly-owned subsidiary, Agrolife Sciences Corporation (ALSC), have formed a 50/50 joint venture in India, AgMA Energy Pvt. Ltd. AgMA Energy, with headquarters in Delhi, India, has been established to develop a world class crop agriculture & aquaculture business and platform that will deliver new and innovative solutions and sevices based on the intersection of biological, microbial and chemical approaches that address the needs of these important markets. The key markets of initial focus for AgMA Energy include, in addition to India, a number of countries in Asia and elsewhere, giving the joint venture an international market presence.
A cornerstone in the foundation of AgMA Energy is the unique technologies and products based on microalgae solutions developed by AlgaEnergy S.A., a Spanish biotechnology company with over a decade of effort creating natural biological solutions for a variety of markets, including biostimulants for crop agriculture and animal nutritions products for a variety of sectors including aquaculture. The AlgaEnergy product portfolio and pipeline contributed to AgMA Energy is complemented by the best-class manufacturing expertise and capabilities, and the market reach, of the Krishi Rasayan Group.
Douglas Ry Wagner, President of International Agribusiness for AlgaEnergy, stated “The AgMA Energy joint venture brings together two outstanding organizations dedicated to delivering the most innovative products possible to help develop sustainable agricultural programs across very important regions of the world. The synergies between AlgaEnergy and Krishi Rasayan Group are uniquely strong and offer an exciting opportunity to create new insights and products for farmers that otherwise may not have been realized without the collaborative efforts of the JV.”
[caption id="attachment_28960" align="alignleft" width="350"] AlgaEnergy's facilities in South of Spain[/caption]
Augusto Rodríguez-Villa, President and CEO of AlgaEnergy S.A. stated “On behalf of the shareholders and staff of AlgaEnergy I wish to express our full confidence and appreciation of the common vision for the future of agriculture that we share with our colleagues from Krishi Rasayan. Bringing together two great organizations through the creation of AgMA Energy will allow us to rapidly deliver the power of AlgaEnergy’s technology and natural products across many regions of the world. AlgaEnergy will continue in innovate to create the best natural products possible, and with the strength and market reach of this JV we look forward to creating long-term value for farmers by providing best-in-class sustainable biological products.”
Rajesh Agarwal, Executive Director of Krishi Rasayan, stated “It’s our great pleasure to be associated with AlgaEnergy and its exciting technology. With the establishment of AgMA Energy we will surely create a new landscape in the biostimulant sector as well as in the overall agricultural space in India as well as globally. This JV will offer a variety of environment friendly crop care solutions to our farmers and thus will be an important initial step towards improving organic agriculture. KREPL (Krishi Rasayan) and ALSC will contribute through its strong farmer base, and its extensive domestic & global distribution network. I am sure we will touch many lives for a greater reason with this technology through the success of AgMA Energy in the years ahead.”
The biotechnology company joins the more than 12,500 signatories of this initiative around the world, which seeks to strengthen private sector alliances to achieve the SDGs.21 4月, 2021
The biotechnology company has been selected as a finalist in two important categories: International Development and SME of the year.14 4月, 2021
The microalgae biotechnology company joins 3,800 B Corporations worldwide that are reinventing business by pursuing purpose as well as profit.23 3月, 2021
Augusto Rodríguez-Villa, President of the biotechnology company, participated in a round table that highlighted the role of biotechnology as a strategic sector for the economic recovery of Spain and Europe.04 3月, 2021
His important contributions to science have been especially valued by the jury, made up of experts from the biotechnology sector, including the General Manager of AlgaEnergy.02 3月, 2021
Sarkar was named Business Leader of the Year at today’s 19th Global Edition of the World Leadership Congress & Awards in Mumbai.24 2月, 2021
AlgaEnergy will become exclusive worldwide distributor of Laboratoire M2 biocontrol products and will collaborate with the Quebec company’s scientists on new disease-control products for agriculture.12 1月, 2021
AlgaEnergy's clients are proud to be it, and want to highlight to the end consumer the superior quality of their food products, result of having used the biotechnology company's microalgae-based biostimulants.16 12月, 2020
The event, organized by the European Innovation Council, was focused on the Green Deal initiatives of the European Commission.16 11月, 2020
The biotechnology company has hired researcher Francisco José Romero-Campero as an advisor on computational biology of systems, bioinformatics and artificial intelligence.04 11月, 2020