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AQUOLIVE SIGNED

Improving Aquaculture production with bioactives from olive oil processing by-products.

Total Cost €

EC-Contrib. €

Partnership

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AQUOLIVE project word cloud

Explore the words cloud of the AQUOLIVE project. It provides you a very rough idea of what is the project "AQUOLIVE" about.

fast usa benefits aquaculture clear 74 circular group opportunity fish olive operated 02 oil 2015 entering effort firm biorefinery added obtain extracts precisely natac 2017 companies cash accounts million farmers prices ingredients cumulative strategic economy 11 investment division formulation additive roi tax patented industrial bioactive practices bio industry nutrition plan productivity expanding spain performance mean intensive first mton 362 209 billion animal innovating quantities 49 contribution biotech total seek feed share latam chemicals globally business antimicrobial global profitability aquolive market player phytochemicals continue reducing 2019 scenario international residues flow solution competitive see headquarters thanks hazardous natural salmon 156 aquafeed

Project "AQUOLIVE" data sheet

The following table provides information about the project.

Coordinator	NATAC BIOTECH SL Organization address address: CALLE FARADAY 7 city: MADRID postcode: 28049 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	Spain [ES]
Total cost	2˙492˙182 €
EC max contribution	1˙744˙527 € (70%)
Programme	1. H2020-EU.3. (PRIORITY 'Societal challenges) 2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs) 3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
Code Call	H2020-SMEInst-2018-2020-2
Funding Scheme	SME-2
Starting year	2019
Duration (year-month-day)	from 2019-03-01 to 2021-02-28

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	NATAC BIOTECH SL NATAC BIOTECH SL Organization address address: CALLE FARADAY 7 city: MADRID postcode: 28049 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	ES (MADRID)	coordinator	1˙744˙527.00

Map

Project objective

Natac Biotech S.L. is the R&D division of a group of 8 companies (Natac Group S.L.) with headquarters in Spain and international presence in EU, LATAM and the USA. Our group is a leading firm of the natural extracts sector and we have developed and operated the first olive biorefinery at a global level. Thanks to this, we can obtain high added value bioactive ingredients from residues of olive oil production (circular bio-economy) at industrial quantities and very competitive prices. In our effort to continue innovating and expanding, the AQUOLIVE project is now the most strategic project for us, as a way to become a leading player of the animal nutrition market. The AQUOLIVE project is aimed at offering the aquaculture sector a high-performance feed additive based on our patented formulation of bioactive phytochemicals obtained from olive oil production by-products (production method also patented). This solution will help Fish farmers to increase their productivity and profitability, while reducing the use of hazardous antimicrobial chemicals in intensive aquaculture practices. Thanks to the clear benefits AQUOLIVE will bring to fish farmers and the industry need for this type of solution, we see in the AQUOLIVE project a clear investment opportunity, in which we seek entering the fast-growing aquaculture feed market. This market was value globally at €156 Billion in 2015 and project to €209 Billion by 2019. More precisely, AQUOLIVE will target the salmon feed market, with a global production of 7 MTon in 2017 and that accounts for a total of 11% share of the total production of aquafeed products globally. In this growing market scenario, our 3-years business plan after this Phase 2 project will mean a 3-years cumulative cash flow of €9.02 Million meaning a 3-years after-tax ROI of 362% for a total investment of €2.49 Million in the Phase 2 project (€1.74 M of EU contribution).

Publications

List of publications.
year	authors and title	journal	last update
2020	JosÃ© Ma Pinilla and JosÃ© Carlos Quintela AQUOLIVE: Improving aquaculture production with bioactives from olive oil biomass published pages: 51-53, ISSN: 0317-8471, DOI:	AQUAFEED Monthly	2020-04-01

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The information about "AQUOLIVE" are provided by the European Opendata Portal: CORDIS opendata.