Algopack invests in a processing plant to turn seaweed into biomaterials

Algopack, specialising in the manufacture of plastics based on brown algae, was discreetly bought in December 2015 by Algae innovation, which belongs to the Lyreco group, the French giant in stationery and office equipment (10 000 employees of which 2 000 in France).

A promising start-up, Algopack was created by Remy Lucas, who developed a method for creating bio-plastics from seaweed. A global innovation. This environmentally friendly material offers numerous opportunities. It can be used to make spectacle frames, mugs, floor tiles…

Located since 2012 in Saint Malo, Algopack will settle in Pleucadec at the end of the year on the ex-site of the Doux factory, so as to develop a processing site to turn algae into biomaterials. The new website has many advantages, large logistics capabilities, good visibility and proximity to the port of Saint-Nazaire, which is useful for importing the algae to be processed, not to mention its very attractive price, which will enable them to more easily invest in jobs, training and industrial equipment. “The company will remain in Bretagne”, states Remy Lucas. He recalled that during the fundraiser in 2015, few French groups put themselves forward. In the end, the patents will remain in France, as will the jobs.

 

Source : Ouest France, 23/06/2016
Photo Credit : mrmondialisation.org