Top navigation

Nordic Seaweed - From Research to Innovative Business Opportunities

Olavur Gregersen from Ocean Rainforest speaks at Nordic Seaweed. Photo: Jákupsson
  • Published 13/10/2017
  • Last updated 19/10/2017
Nordic and European companies and researchers explored the path from research to innovative business opportunities in the seaweed industry in the Faroe Islands.

At the end of September, Nordic Innovation and the Macro Cascade Bio Based Industries project held a two-day event in the Faroe Islands called "Nordic Seaweed – From Research to Innovative Business Opportunities".

 

Here we invited industry and researchers from all over Europe to show how they use seaweed to create new products, conduct innovative research, and to speak about the rapid emerging industry. The event was an activity under the Nordic Marine Innovation Programme 2.0 that began in 2015.

 

The Nordic Marine Innovation Programme 2.0 aims to increase business opportunities, sustainability and profitability within the Nordic marine sector through innovative solutions. The Nordic Seaweed event was used as a way of communicating how the seaweed industry could contribute.

 

The event tied the Nordics and Europe together by exchanging knowledge in the field of seaweed and exploring how to go from research to commercialisation. 

 

 

The state of seaweed in the Faroe Islands


Day 1 consisted of company visits around the Faroe Islands to show how the seaweed industry is being built. Olavur Gregersen and Urd G. Bak from Ocean Rainforest guided the attendees around the islands.

 

The first visit was to the Ocean Rainforest seaweed cultivation site in Funningsfjørð, followed by a presentation of the Macro Algae Cultivation Rig by Olavur Gregersen. Next, the attendees divided into two teams to visit Faroe Marine Products and Bakkafrost respectively, where the teams were shown around the facilities.

 

Faroe Marine Products

Faroe Marine Products. Photo: Jákupsson

 

After lunch, the tour continued to Ocean Rainforest processing facility in Kaldbak where the attendees were shown the company's innovative processing methods.

 

The tour ended with a presentation at iNOVA about the research park, as well as a more in-depth presentation of TARI - Faroe Seaweed, a company with expertise in macroalgal biology and cultivation. The company develops seaweed products mainly for food.

 

The tour ended with a presentation at iNOVA about the research park, as well as a more in-depth presentation of TARI - Faroe Seaweed, a company with expertise in macroalgal biology and cultivation. The company develops seaweed products mainly for food.

 

The research park iNOVA is located in Tórshavn, and was established in 2013 to improve the scientific infrastructure in the Faroe Islands. They have laboratories, meeting rooms and a food lab, where companies and researchers can rent a place to do research and evolve further on ideas and products.

 

 

iNOVA_seaweed

Photo: iNOVA, by Jákupsson

 

Food, funding and the future

 

Day 2 was dedicated to great speakers. Here, the Minister of Foreign Affairs and Trade in the Faroe Islands, Poul Michelsen, opened the conference and laid the roots for a fantastic day with lots of discussions and input from the audience.

 

“The superfood growing all around our coastlines is saving nutrients for us to use while cleansing the environment. How could any resource possibly be better? In the future, I guess researchers may wonder why it took so long to utilise seaweed in large scale, but now it seems that the time is ripe", said Mr. Michelsen in is speech.

 

 

"The seaweed adventure has just begun, and I am very optimistic and excited to see how the industry will evolve"

 Poul Michelsen, Minister of Foreign Affairs and Trade (FO)

 


A wide variety of speakers had their say in the future of seaweed. They also discussed funding, environmental concerns and legal obstacles when working in the field of seaweed.

 

The day was divided into six categories where experts from each field laid out their knowledge about the sector. Three of the speakers came from projects funded by Nordic Innovation’s Nordic Marine Innovation Programme 2.0, together with national co-funders.

 

 

Trond Helgerud

Photo: Trond Helgerud from FMC BioPolymer AS, by Jákupsson

 

If you are interested in the presentations from the speakers at the conference, some of them are available for download below.

 

 

Commercial Seeding – Cultivation – Conditioning

 

 

 

State of the art within co-extraction of bioactive compounds

 

 

Market trends within food, feed and cosmetics

 

 

Valuation of bioremediation and co-production with salmon farming

 

 

Legal framework for seaweed farming licenses

 

 

Funding and investment opportunities

 

Subscribe to our newsletter

Macro Cascade

Seaweed Biorefinery.

A Production platform processing cultivated seaweed into a range of value-added products.

 

Read more about Macro Cascade here: macrocascade.eu

Contacts