What’s at stake: AgriSea is commercialising a seaweed nanocellulose at its world-first biorefinery in Paeroa. It has the global licence for the IP.
The background: Scion, now part of the Bioeconomy Science Institute, developed the science to extract the hydrogel from seaweed, which, with further processing, turns into lucrative nanocellulose used in a variety of applications.
The players: AgriSea, Scion, Bioeconomy Science Institute, GreenWave US, the World Bank.
It took seven years of research, scaling and optimising the technology, to open the world’s first biorefinery that converts a seaweed process by-product into lucrative nanocellulose.
It’s taken a further seven months to get potential orders from beta customers who have been trialling the
Sign up to get the latest stories and insights delivered to your inbox – free, every day.
Key points
What’s at stake: AgriSea is commercialising a seaweed nanocellulose at its world-first biorefinery in Paeroa. It has the global licence for the IP.
The background: Scion, now part of the Bioeconomy Science Institute, developed the science to extract the hydrogel from seaweed, which, with further processing, turns into lucrative nanocellulose used in a variety of applications.
The players: AgriSea, Scion, Bioeconomy Science Institute, GreenWave US, the World Bank.
