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CHITOSE Group, Leading Company of "MATSURI" Project, Starts Operating World's Largest Microalgae Production FacilityKAWASAKI, Japan and SINGAPORE, March 28, 2023 /PRNewswire/ -- CHITOSE Group (hereinafter "CHITOSE"), an entity formed by biotechnology startups managed by CHITOSE BIO EVOLUTION PTE. LTD. based in Japan and Singapore, announced on March 28 that the construction of a 5-hectare microalgae production facility called "CHITOSE Carbon Capture Central (hereinafter 'C4')" was completed and the production of microalgae has been started in the Malaysian state of Sarawak. CHITOSE plans to establish the stable, continuous, and large-scale production of microalgae. CHITOSE's production technology aims at proceeding with the development of applications for a wide range of industrial materials, including fuels and plastics. This project is funded by the Japanese government-funded New Energy and Industrial Technology Development Organization (NEDO) (*1). Photo1: C4's facility: Long version (2:45): https://www.youtube.com/watch?v=jRtqAb07K-0 CHITOSE aims for zero carbon emission through the photoautotrophic microalgae production and through the MATSURI (meaning "festival" in Japanese) project, which is designed to establish a microalgae-based industry replacing the petroleum-based industry (*2). At the same time, CHITOSE aims at developing diverse products used in daily life from microalgae, including fuels, plastics, foods and toiletry, in collaboration with its business partners. C4 is expected to demonstrate the efficient and scalable production of microalgal biomass (utilizing photobioreactor technologies). At C4, gas exhausted from a neighboring coal-fired power plant is used as a carbon source, and the produced microalgal biomass will be used for sustainable production of SAF and other products. C4 is expected to produce 350 dry tons of microalgal biomass per year, fixing 700 tons of CO2 per year. Towards 2030, CHITOSE is planning to expand the production to 2,000 ha and is currently in the pocess of raising funds for this plan. In algae production on a scale of 2,000 ha, approximately 140,000 dry tons of microalgal dry-biomass per year will be produced, and the production cost will be less than USD2.5 per kg biomass. Hence, the produced microalgal biomass will be used as a raw material for various products. Further, CHITOSE is aiming to expand the production to over 10,000,000 ha, which is approximately 1/20 of the world's maize-harvested area and will produce 700 million dry tons of microalgal biomass annually. The production cost will potentially fall to less than USD0.5 per kg biomass. CHITOSE will continue to promote zero carbon emission and realize a sustainable society. Notes: (*2) Autotrophic and heterotrophic production - C4's grand opening - C4-launching ceremony Related press release: About MATSURI Photo2: https://matsuri.chitose-bio.com/ MATSURI Gallery: https://matsuri.chitose-bio.com/pages/gallery About CHITOSE Group About CHITOSE BIO EVOLUTION PTE. LTD. (head office that oversees entire Group) About CHITOSE Laboratory Corp. (responsible for the project)
SOURCE CHITOSE Group (CHITOSE BIO EVOLUTION PTE. LTD.) ![]() |