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Cellana Signs Letter of Intent with Galil Algae for the Commercialization of High-Value Algae Biomass for Aquaculture and Other High-Value Applications

Whole-Algae Products Represent an Extension of Cellana’s Multi-Product Biorefinery Model
for the Profitable Production of Photosynthetic Algae Biomass
That Can Address Feeds, Fuels, Nutraceutical, and Cosmetic Applications Simultaneously

San Diego, CA and Kailua-Kona, HI – (Marketwire -06/23/14) – Cellana, Inc. today announced that it has entered into a letter of intent with Galil Algae Cooperative Agriculture Society Limited, with the objective of partnering for the production of high-value algae products for aquaculture applications.  Currently, Cellana produces industrial-scale quantities of ReNew™ Algae – high-value algae biomass rich in Omega-3 nutritional oils, proteins, fuel-grade oils, cosmetic-grade oils, acids, and polysaccharides, as well as other valuable micronutrients – at its Kona Demonstration Facility in Hawaii.  At its facility in northern Israel, Galil Algae currently produces a variety of whole-algae products that are rich in Omega-3s for aquaculture applications.

The main goal of the program contemplated by the letter of intent is to identify, cultivate, develop, and scale up […]

Cellana Signs Letter of Intent with Galil Algae for the Commercialization of High-Value Algae Biomass for Aquaculture and Other High-Value Applications2024-10-21T17:06:37-07:00

Energy Department Awards $3.5 Million to Cellana to Develop Cost-Competitive Algal Biofuels

(July 17, 2014) – The Energy Department announced today $3.5 million for an algae project aimed at accelerating the development of sustainable, affordable algal biofuels. This research project supports the Department’s goal of producing 2,500 gallons of algal biofuel feedstock per acre per year by 2018, an important milestone toward reducing the cost of algal biofuels to cost-competitive levels of 5,000 gallons per acre per year by 2022.

Cellana, LLC, in Kailua-Kona, Hawaii, was selected to receive $3.5 million to develop a fully integrated, high-yield algae feedstock production system by integrating the most advanced strain improvement, cultivation, and processing technologies into their operations at their Kona Demonstration Facility.

The Energy Department’s Office of Energy Efficiency and Renewable Energy accelerates development and deployment of energy efficiency and renewable energy technologies and market-based solutions that strengthen U.S. energy security, environmental quality, and economic vitality. Learn more about EERE’s work with industry, academia, and national laboratory partners on […]

Energy Department Awards $3.5 Million to Cellana to Develop Cost-Competitive Algal Biofuels2024-10-21T17:10:29-07:00

Martin Sabarsky, CEO, Cellana, Inc. Appointed to Board of Directors of the Algae Biomass Organization (ABO)

Diverse group from across industry’s value chain represents algae production, end-users and professional services

WASHINGTON, DC (June 4, 2014) The Algae Biomass Organization (ABO), the trade association for the algae industry, today announced the election of eight members to its Board of Directors for the 2014-2016 term. The group includes both new and existing (re-elected) members who will join seven current members of the Board of Directors.

The newly elected board members included Martin Sabarsky, Chief Executive Officer, Cellana, Inc.

Read more.

Martin Sabarsky, CEO, Cellana, Inc. Appointed to Board of Directors of the Algae Biomass Organization (ABO)2024-10-21T17:05:48-07:00

Cellana Highlights Taking A Waste Not-Want Not Approach for Algae-based Products

Genomatica Part of Biorenewables Pivot

BIOTECH: Lack of Market For Biofuels Spurs Flexibility

By MEGHANA KESHAVAN, April 14, 2014, San Diego Business Journal, www.sdbj.com

Biofuels don’t hold the same cachet or glamour they once had, but companies like San Diego’s Genomatica Inc. are showing that the market opportunity is still there for biorenewable products. In particular, specialty chemicals and nutritional supplements are proving to be economically viable industries in the sustainability space.

These companies use natural substances like algae, corn and discarded sugar cane fibers to produce crude oil or industrial chemicals. But while the technology hasn’t yet matured to a point where biofuels are cheaper or even cost-competitive with natural gases – a recent rise in fracking has taken the pressure off of energy securities – smaller scale production of globally traded chemical, nutritional and even pharmaceutical commodities has become profitable.

“There was a lot of hype and enthusiasm around alternative fuels, but it’s […]

Cellana Highlights Taking A Waste Not-Want Not Approach for Algae-based Products2024-10-21T17:04:51-07:00

Cellana Participates in the Launch of the Congressional Algae Caucus

Martin Sabarsky, JD, MBA, Chief Executive Officer of Cellana, participates in the launch of the Congressional Algae Caucus, founded October 23, 2013, by Congressman Scott Peters (D-CA) and Congressman Matt Salmon (R-AZ) in an effort to inform members and staff about the potential benefits of algae.

With new production facilities planned or operating around the U.S., the algae industry is rapidly emerging as an opportunity to address many of the energy, food, economic, and environmental challenges facing the world today. Algae has the power to simultaneously put fuels in vehicles, recycle CO2, provide nutrition for animals and people and create jobs for millions of Americans without harmful impacts on freshwater supplies or valuable agricultural land.

Cellana Participates in the Launch of the Congressional Algae Caucus2024-10-21T17:01:25-07:00

Cellana Announces Key Appointments and Promotions

SAN DIEGO and KAILUA-KONA, Hawaii, Oct. 1, 2013 — SAN DIEGO and KAILUA-KONA, Hawaii, Oct. 1, 2013 /PRNewswire/ — Cellana, a leading developer of algae-based feedstocks for biofuels, animal feed/food and Omega-3 nutritional oils, announced today that Valerie Harmon has been appointed as Cellana’s senior director of Research and Development (Kona), Xuemei Bai, Ph.D., has been promoted to senior director of Research and Development (San Diego) and Selena Ellis-Vizcarra has been promoted to senior director of Corporate Development.

Harmon has over 25 years of experience in industrial-scale and commercial-scale algae production and will assume primary responsibility for the large-scale production of algae biomass in Cellana’s Kona Demonstration Facility. Prior to joining Cellana, she most recently served as director of Cultivation, Environment and Safety Systems with Aurora Algae. Before Aurora, Harmon served in multiple roles with Cyanotech Corporation, a world leader in the commercial production of algae-based astaxanthin and spirulina for nutraceutical applications, including as director of […]

Cellana Announces Key Appointments and Promotions2024-10-21T16:59:54-07:00

Cellana to Provide Commercialization and Technology Updates at the 2013 Algae Biomass Summit

(SAN DIEGO, CALIFORNIA AND KAILUA-KONA, HAWAII, September 26, 2013) – Cellana, a leading developer of algae-based feedstocks for biofuels, animal feed/food, and Omega-3 nutritional oils, announced today that several key personnel will present at the upcoming 2013 Algae Biomass Summit.  The 2013 event will take place Sept. 30 – Oct. 3 at the Hilton Orlando in Orlando, Florida, and Cellana will be exhibiting at Booth #205 in the Exhibit and Poster Hall.

  • Martin A. Sabarsky, Cellana’s Chief Executive Officer, will present at a plenary panel entitled, “The Algae Fuel Solution – Updates from Algenol Biofuels, Sapphire Energy, and Cellana,” which is scheduled for Tuesday, Oct. 1 at 8:45 am.  During the presentation, Mr. Sabarsky will provide an update on Cellana’s progress since the last Summit, including details of Cellana’s industry-leading off-take agreement with Neste Oils for biofuel applications, which was announced earlier this year.
  • Xuemei Bai, Ph.D., Principal Scientist for […]
Cellana to Provide Commercialization and Technology Updates at the 2013 Algae Biomass Summit2024-10-21T16:59:17-07:00

Cellana selected as one of 2013 “Cool Companies”

“Cool Companies” for the Venture Summit have been selected!

The 30 San Diego businesses will be prominently featured at Venture Summit in front of 700 attendees, including over 100 venture capitalists from around California and the nation.

Venture Summit is one of the most popular events and connects top entrepreneurs from the region with investors from Southern California, the Bay Area and other areas to see the innovation climate that thrives in San Diego.

Read more »

Cellana selected as one of 2013 “Cool Companies”2024-10-21T16:58:35-07:00

Cellana Cuts Algae Biofuel Deal with Finland Oil Giant

Luke Timmerman | 06.06.13 | xconomy.com

Algae biofuel was hot, then cold. Now it looks to be warming up again—kinda, sorta, maybe.

San Diego-based Cellana is the latest example of an aspiring algae biofuel company that has been given a chance to turn things around, after the hype of the past few years died down. The company (previously known as HR BioPetroleum) is announcing today that it has struck a multi-year, non-exclusive agreement with Finland-based Neste Oil, in which Neste has agreed to purchase large volumes of Cellana’s algae-based crude oil if Cellana can scale up.

Read more at xconomy.com »

Cellana Cuts Algae Biofuel Deal with Finland Oil Giant2024-10-21T16:55:49-07:00

Cellana and Neste Oil ink key offtake pact for algae biofuels

Jim Lane | June 7, 2013 | biofuelsdigest.com

Making Gold from Green?

A multi-year deal between Neste Oil and Cellana may point to the future of commercializing algae biofuels.

Will the hybrid product, hybrid technology route be a winner?

In California, Cellana announced that it has entered into a multi-year, non-exclusive, off-take agreement with Neste Oil for commercial-scale quantities of Cellana’s ReNew Fuel algae oil feedstocks for biofuel applications. Cellanaexpects to be able to produce algae oil on a commercial scale from late 2015 onwards.

Read more at biofuelsdigest.com »

Cellana and Neste Oil ink key offtake pact for algae biofuels2024-10-21T16:56:46-07:00
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