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AQUOLIVE SIGNED

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

Total Cost €

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EC-Contrib. €

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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.

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

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

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