This week, Dutch vitamin giant Royal DSM agreed to acquire algal-based pioneer Martek Biosciences for US$1.087 billion in an all-cash transaction. Martek is a world leader in algae-based nutritional products. For example, Martek’s flagship product is found in 99% percent of U.S. infant formulas.
Biofuels Digest covered this story today in an article (LINK) that underlined DSM’s interest in chemicals, fuels, foods, plastics or other uses for renewable oils.
With this transaction, the algae industry is clearly positioned for industrial scale and a promising future.