AlgaEnergy will become exclusive worldwide distributor of Laboratoire M2 biocontrol products and will collaborate with the Quebec company’s scientists on new disease-control products for agriculture.
AlgaEnergy, global leader in microalgae biotechnology, has signed global product distribution and product development agreements with Laboratoire M2 Inc., a Quebec-based biotechnology company that develops natural and sustainable disinfectant products, including THYMOX CONTROL® fungicide and bactericide.
AlgaEnergy formulates and produces powerful, sustainable, microalgae-based crop inputs for the world’s growers. Laboratoire M2’s THYMOX® products, derived from the antimicrobial power of thyme oil and other natural oils, are used in crop and indoor agriculture, as well as in turf and garden markets.
Under the agreements, AlgaEnergy will gain exclusive global rights to distribute the THYMOX crop protection product line through AlgaEnergy’s business units in key agricultural markets in Europe, the Americas, Africa and Asia-Pacific. The two companies also signed a license and collaborative product development agreement under which their scientific teams will together work to create new, value-added biocontrol products.
“As with our partnership with Concentric Ag announced last fall, Laboratoire M2’s THYMOX CONTROL products will be available soon through AlgaEnergy’s worldwide distribution network,” said D. Ry Wagner, AlgaEnergy N.A. CEO and president of AlgaEnergy’s international agribusiness. “Laboratoire M2 has developed some of the most innovative natural biocontrol solutions in the market today. These agreements mark AlgaEnergy’s entry into the rapidly growing biocontrol sector and also sets the stage for future innovations coming from our scientific collaboration.”
“AlgaEnergy is excited not only by the near-term opportunities with the THYMOX CONTROL natural and organic products, but also by the possibilities of using our world-class microalgae platform and the products of the Concentric Ag platform to create best-in-class products that improve agricultural productivity and sustainability around the world,” he said.
Frank Palantoni, executive director of Laboratoire M2, sees tremendous game-changing potential in the new products that will result from these combined technologies.
“Our substantial investments in a new technology platform for our Crop Protection business unit have paid off,” Palantoni said. “Our highly flexible advanced nanotechnology has been engineered to be applied in many other biocontrol ingredients and actives.”
“This partnership with AlgaEnergy will give the world’s growers access to our THYMOX technology, which has been proven in field tests to offer effective protection against some of the most difficult pathogenic problems faced by growers,” he added.
The biotechnology company joins the more than 12,500 signatories of this initiative around the world, which seeks to strengthen private sector alliances to achieve the SDGs.21 April, 2021
The biotechnology company has been selected as a finalist in two important categories: International Development and SME of the year.14 April, 2021
The microalgae biotechnology company joins 3,800 B Corporations worldwide that are reinventing business by pursuing purpose as well as profit.23 March, 2021
Augusto Rodríguez-Villa, President of the biotechnology company, participated in a round table that highlighted the role of biotechnology as a strategic sector for the economic recovery of Spain and Europe.04 March, 2021
His important contributions to science have been especially valued by the jury, made up of experts from the biotechnology sector, including the General Manager of AlgaEnergy.02 March, 2021
Sarkar was named Business Leader of the Year at today’s 19th Global Edition of the World Leadership Congress & Awards in Mumbai.24 February, 2021
AlgaEnergy will become exclusive worldwide distributor of Laboratoire M2 biocontrol products and will collaborate with the Quebec company’s scientists on new disease-control products for agriculture.12 January, 2021
AlgaEnergy’s clients are proud of being so and want to highlight to the end consumer the superior quality of their food products, result of having used the biotechnology company's microalgae-based biostimulants.16 December, 2020
The biotechnology company has actively participated in the three sessions of this important meeting, which it also supported as the main sponsor.01 December, 2020
The event, organized by the European Innovation Council, was focused on the Green Deal initiatives of the European Commission.16 November, 2020