AQUOLIVE SIGNED
Improving Aquaculture production with bioactives from olive oil processing by-products.
Total Cost €
0EC-Contrib. €
0Partnership
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0AQUOLIVE project word cloud
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Project "AQUOLIVE" data sheet
The following table provides information about the project.
| Coordinator |
NATAC BIOTECH SL
Organization address contact info |
| 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.
| # | ||||
|---|---|---|---|---|
| 1 | NATAC BIOTECH SL | 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
| year | authors and title | journal | last update |
|---|---|---|---|
| 2020 |
José Ma Pinilla and José 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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