on Neon Equity AG (isin : DE000A3DW408)
DN Group AG Advances in Microalgae Production
DN Group AG has initiated series production of high-quality microalgae through its subsidiary Algene Holding SE. The first successful harvest yielded 4,500 litres, marking a significant milestone. This raw material, designed for use in cosmetics, food, and pharmaceuticals, will soon be delivered to a prominent German cosmetics manufacturer for laboratory testing and ingredient validation.
Developed in collaboration with the Technical University of Munich, the platform aims to capitalise on the rapidly expanding microalgae market. The EU Commission projects the European market to grow to approximately 9 billion euros by 2030. Algene is positioning itself as a key industrial player within this sector, targeting nutrition, cosmetics, and the life sciences market.
DN Group's CEO, Ole Nixdorff, highlighted the importance of this venture as an industrial milestone, opening substantial opportunities in the burgeoning microalgae market.
R. H.
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