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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. €

0

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.

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

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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