Periodic Reporting for period 1 - ALSEOS (Technology to turn waste from rapeseed oil production into valuable food protein.)
Reporting period: 2019-10-01 to 2020-09-30
Moreover, the NFB technology allows also for valorisation of all major side streams generated in the technological process, which significantly improves economical parameters and attractiveness of the NFBs value proposition to potential customers from the oilseed processing industry.
NapiFeryn BioTech will disseminate its proprietary technology to oilseed processors and integrated distributors of food ingredients to the global food industry. The business model is based on non-exclusive licensing agreements with oilseed processors and an exclusive go-to-market partnership with one selected global distributor of food ingredients.
The main objective of the project is to bring NFB’s technology readiness to the level that enables an investment decision of NFBs industrial partners to build the first-in-kind biorefinery plant (Demo Plant) that will produce NFB’s Raptein™ line of products.
Second objective of the project is to prepare for the market launch of the Raptein™ products in major markets: EU and US and to synchronize these efforts with the construction and qualification of the Demo Plant.
Pilot facility (150L ALSEOS) purposely designed to deliver samples for regulatory purposes has been designed, fabricated and qualified, enabling production of food-grade samples that will be generate material data to be used in regulatory product dossiers.
Pilot facility (2000L ALSEOS) has been qualified and optimized based on the results obtained from 30L ,150L and 2000L scales. The line is ready to deliver larger quantities of protein products that will be required for pre-commercial trials to be performed by NFBs go-to-market partner and prospective customers from the food industry.
Based on the trials performed in WP1 and WP2, a concept of Rapeseed Biorefinery has been worked out by the team of NFB, assisted by the selected A/E (Architect/Engineering) contractor: PM Group. This effort resulted in a complex engineering design (CED) package of the Biorefinery that will be offered to prospective licensees of NFB technology as a part and parcel of the technology transfer package.
NapiFeryn applied for the world-wide patent protection of the third Intellectual Package.
Protecting our unique value proposition will enable implementation of the business model based on licensing. Furthermore, we prepared the Commercialization Plan and defined the objectives for successful commercialization of our technology package.
We prepared a Communication Plan that enables us to effectively communicate about the project and its benefits to multiple audiences.
ALSEOS process is also well aligned with the current topics of the EU agenda: 1) enabling increased and sustainable production of proteins to meet targets of the new ""European strategy on the development of plant proteins "" 2) helps to meet waste reduction targets and is in line with the EU circular economy strategy; 3) less air pollution from importing proteins to EU. These are of critical importance to the EU.
The recently published report from the European Commission on “the development of plant proteins in the European Union (COM(2018)757) highlights that the market of plant proteins for food is expected to increase with “double digit annual growth rate” but R&D activities are needed to make these crops (and derived food products) more competitive as well as development in market outlets. Our project exactly contributes with its activities to bring to market high quality plant-based protein food ingredient."