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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.

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

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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