New Canadian project to produce sustainable protein for aquafeeds
The project will develop and commercialize two breakthrough technologies to produce an environmentally sustainable and low-cost protein while reducing oil and gas emissions.
Canada’s Ocean Supercluster announced four new projects with a total value of almost $11 million, including the Sustainable Protein for Aquaculture project. This Nova Scotia-led project will bring together academia, government and the private sector to develop and commercialize two breakthrough technologies to produce an environmentally sustainable and low-cost protein for the aquaculture industry while reducing oil and gas emissions.
This game-changing project represents significant developments in science and technology and has never been done before. The Sustainable Protein for Aquaculture project will take greenhouse gas emissions from upstream oil and gas and convert them into a high-value protein product to be used to feed farmed fish.
The Sustainable Protein for Aquaculture Project is led by DeNova, in collaboration with the Center for Aquaculture Technologies Canada, Natural Products Canada, Dalhousie University, the National Research Council of Canada, Atlantic Canada Opportunities Agency (ACOA), and Cooke Aquaculture. With a total project value of $6 million, the Ocean Supercluster will provide almost $2.6 million with the balance of funding coming from project partners.
The Sustainable Protein for Aquaculture Project will put Atlantic Canada at the forefront of the alternative and sustainable protein sector while reducing harmful greenhouse gas emissions, contributing to the sustainable growth of Canada’s ocean economy. This project will create 12 new full-time positions with the potential for more than 150 direct jobs upon commercial success.
“We sincerely appreciate the support from Canada’s Ocean Supercluster and their belief in DeNova’s vision and innovative technologies. We believe that DeNova’s sustainable protein can become a significant global player in the expanding alternative proteins market and will contribute to the sustainability of our oceans and more environmentally sound aquaculture practices,” said Brianna Stratton, president of DeNova.
“CAT is pleased to support DeNova and its partners in the development of their novel protein ingredient for use in aquafeeds. The CAT FeedTech Center, complementary expertise, and facilities in aquatic animal nutrition research are designed specifically to facilitate bringing innovative feed ingredients like the Sustainable Protein for Aquaculture to market faster,” said Debbie Plouffe, vice president of business development of The Center for Aquaculture Technologies.