Management buy-out at Sioen Filtration
Fibres/Yarns/Fabrics
Sioen founds spin-off company to sell its textile based seaweed cultivation substrates
AT~SEA Technologies, consisting of six companies and two research institutes, will start its activities in August 2015.
9th June 2015
Innovation in Textiles
|
Ardooie
Sioen Industries, a leading producer of technical textiles, fine chemicals and high-tech protective clothing, will commercialize its patented seaweed cultivation substrates via the spin-off company called AT~SEA Technologies.
Together with seven of the AT~SEA project partners, Sioen founds AT~SEA Technologies, a spin-off company that will sell turnkey seaweed farms.
“Seaweed is an important source for our future supply of food and feed (additives), biochemical, biomaterials and bioenergy,” said Bert Groenendaal, Coordinator of the AT~SEA project.
AT~SEA Technologies
AT~SEA, Advanced Textiles for Open Sea Biomass Cultivation, was an EU 7th framework project. Sioen coordinated this research project since 2012. It targeted the development of advanced, 2D seaweed cultivation substrates in order to demonstrate the technical and economic feasibility of seaweed cultivation in Europe.
AT~SEA Technologies, consisting of six companies from Belgium, Spain, The Netherlands, Ireland and Morrocco, and two research institutes from Belgium and the UK, will start its activities in August 2015.
The first target will be to deploy a 1 ha test farm for seaweed cultivation in Norway by September 2015. The AT~SEA project was funded by the European Union’s Seventh Framework Programme.
Sioen Industries
Sioen Industries has an extensive portfolio of products and activities, which include spinning, weaving and coating, manufacturing of garments, production of fine chemicals and processing of technical textiles.
Sioen believes that vertical and horizontal integration, diversification and permanent growth provide the company with a major technical advantage and better R&D.
The company’s main focuses are on customised products, high end, specialised products, recyclable/recycled products, integrated features, and intelligent textiles.
Business intelligence for the fibre, textiles and apparel industries: technologies, innovations, markets, investments, trade policy, sourcing, strategy...
Find out more