Within a comprehensive alliance for business development of microalgae, both companies will cover 1. Development of biofuels business (“Green Oil Japan”), 2. R&D of micro algae culture technology, 3. Use of algae for foods and cosmetics, and 4. Production of substances by microalgae. The partnership will comprise Euglena’s focus on Euglena algae, and Denso’s on Pseudococcus. Both companies have already established pilot-scale production facilities.
Euglena Corp. and Denso news release, February 20, 2019