Alginor ASA
Alginor was founded in 2014 with an aim to establish Europe’s first biorefinery for marine resources. Today, we focus solely on the brown macroalga Laminaria hyperborea, which is found in abundance in the North Atlantic. We are headquartered in Haugesund, Norway. Our production facilities are located on Husøy near Avaldsnes, Norway, in close proximity to the marine kelp forests.
We are developing sustainable and scalable harvesting and biorefining methods for production of kelp-based ingredients for pharmaceutical and nutraceutical applications. Our objective is to achieve total utilisation of the kelp downstream and become a leading, large-scale manufacturer and supplier of high-quality and unique kelp-based ingredients to a global customer base consisting mainly of end-user production companies spread over several established market segments.
Alginor’s choice of raw material, Laminaria hyperborea, is self-renewable and has a proven track record for industrial exploitation and offers unique selling points compared to other kelp species resulting as a result of its natural habitat in cold and harsh waters. Laminaria hyperborea has a standing biomass of 100 million tonnes in the North Atlantic, whereof 60 million tonnes grow along the Norwegian coastline. Approximately 4 million tonnes (equal to about 4% of the total biomass) are on average available for regulated commercial harvesting each year.
Who we are
- A Norwegian marine biotech company registered under the laws of Norway
- Core values: Exploring, inventive, transparent, sustainable, industrious, collaborative
- Objective and purpose: High value-creation through sound resource exploitation with minimal environmental impact and zero squander
- Impact: Shift the paradigm in marine resource exploitation