Sunday, February 22, 2009

Ocean Nutrition Canada Ltd. Eyes Algae as Growth Area

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A research team at Ocean Nutrition Canada Ltd. in Dartmouth has found algae along the coast of Nova Scotia capable of providing essential nutrients in quantities sufficient to support commercialization.

Chief executive officer Robert Orr said Friday the fish-oil manufacturer is keeping the lid on most details for competitive reasons.

"There is a lot of research underway in this field around the world. We’ve made significant progress here in Nova Scotia but haven’t been overly public about it," he said.

Ocean Nutrition is preparing a fish-powder plant worth an estimated $23 million in Burnside Park. It is expected to open in a few months, but production will be linked to the health of the food industry."We will see more new food products launched as the economy improves," said Mr. Orr.

When the plant opens, operations will focus on turning oil from anchovies and sardines into fish oil and an omega-3 powder to be used as nutritional supplements to food.

The capacity to produce nutrients would increase significantly if a micro-fermentation process could be used to culture algae.

"We would be going directly to the same algae consumed by the fish to obtain omega-3 fatty acids and other nutritional compounds," Mr. Orr said.

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