Grant of land to establish production facility in Oman

SuSeWi – formerly Feed Algae (or “the Company”) announces that it has reached an agreement with the Government of Oman to secure the land for a large-scale microalgae production facility.

Under the terms of the agreement with the Ministry of Housing, SuSeWi will receive an x year lease covering  hectares of land in the Al Sharqiyah region of Northern Oman. The site, located on the Gulf of Oman, has the potential to be one of the largest microalgae farms in the world and benefits from excellent growing conditions.

A final lease is expected to be signed before the end of the year after the completion of an initial Environmental Impact Assessment (EIA), which will be carried out as part of a feasibility study.

The plant will utilise SuSeWi’s patented process for growing microalgae by replicating large-scale natural algal blooms on land using local species. Following prior work in conjunction with the Sultan Qaboos University in Oman during 2014 SuSeWi has already identified 8 species of microalgae suitable for algaculture.

In 2014 SuSeWi signed a 2-year collaboration agreement with Sultan Qaboos University in Oman under which early trials were carried out which lead to the creation of the first scale version of the Company’s patented large scale, low cost harvesting system.

Commenting on the announcement Keith Coleman, CEO and Founder of SuSeWi, said:

“We would like to thank the Omani authorities for their long-standing support. Five years ago, when we were at an early stage of developing our technologies, the Government and Sultan Qaboos University provided us with invaluable support, and we are delighted to be working with them to establish our second production facility.”

Government of Oman spokesperson said:

“We are delighted to continue our partnership with SuSeWi and look forward to supporting the development of their project and associated technologies in Oman. This initiative is an important step in Oman’s economic diversification and has the potential to eventually a support a wide range of other economic activities.”