Page 24 - AWA Vol. 42-No.4 issue
P. 24

UNIBIO GROUP


        the Saudi industrial investment group and unibio to build the

               world’s largest single-cell protein plant in Saudi arabia

                                                                                largest single-cell protein facility ever
                                                                                built in the world. A gas allocation for
                                                                                the plant has been received from Saudi
                                                                                Ministry of Energy, and a site has been
                                                                                nominated by the Royal Commission for
                                                                                Jubail and Yanbu. The project has also
                                                                                received strong support from a number
                                                                                of related Saudi Government entities.

                                                                                 The Joint  Venture agreement follows
                                                                                a US$ 70 million investment in Unibio
                                                                                from SIIG in 2023. SIIG’s strategy to
                                                                                grow and diversify its business – will be
                                                                                accelerated by its investment in Unibio.


                                                                                 Commenting on the JV, David Hen-
                                                                                strom, CEO of Unibio said:

                                                                                 “The world needs innovators who
         The Saudi Industrial Investment Group   The plant will be located in Al Jubail   collectively want to find a solution to
        (“SIIG”), a prominent investor/oper-  and will produce an initial 50,000   providing food stability for future gen-
        ator in the chemical industry in Saudi   tonnes of Uniprotein® annually with   erations. We believe that our fermenta-
        Arabia, and Unibio International PLC   plans to increase to over 300,000 tonnes   tion technology, which incorporates the
        (“Unibio”), a leading biofermentation   in the coming years. The plant aims to   most efficient reactor of its kind in gas
        company, will build the world’s largest   reduce Saudi Arabia’s dependency on   fermentation, is ideal for Saudi Arabia.
        single-cell protein plant in Saudi Arabia   animal feed imports.  The Uniprotein®   We are delighted to join with SIIG as a
        in an 80:20 (SIIG:Unibio) joint venture   produced is expected to be sold both   JV partner to bring industrial scale fer-
        to feed the world's growing population   domestically and internationally.  mentation to the Kingdom and look for-
        and improve food security.                                              ward to working together to address an

         Unibio welcomed SIIG as an investor   Gas turned into feed             authentic problem - how to feed a grow-
        in 2023. Since then, the partners have                                  ing population with minimal impact on
        made significant progress preparing to   The plant will use Unibio’s proprietary   the planet”.
                                            vertical loop bioreactor technology, a
        build the world’s largest single-cell pro-
                                            continuous-flow fermentation process
        tein plant in Saudi Arabia based on Un-
                                            that replicates nature in converting   Mr. Abdulrahman Alismail of Saudi
        ibio’s patented vertical loop bioreactor
                                            methane into Uniprotein®, a high-qual-  Industrial Investment Group, added:
        technology. With  its  abundance  of  nat-
                                            ity and sustainable single-cell protein
        ural gas, Saudi Arabia is an ideal loca-                                 “We are excited to work on developing
                                            for animal feed.
        tion to use Unibio’s unique fermentation                                this project alongside our partner Uni-
        technology to produce single-cell pro-  Uniprotein® has been tested success-  bio, and look forward to bringing sus-
        tein – Uniprotein® - with natural gas as   fully in various animal species. Non  tainable protein production to the King-
        feedstock. As part of Saudi Arabia’s Vi-  -GMO, free from pesticides, and fully  dom of Saudi Arabia, our region, and the
        sion 2030, Saudi Arabia is looking to di-  traceable, it is approved for aquaculture  rest of the world. We see this as a strate-
        versify its economy and create dynamic   in Saudi Arabia, for feed in the EU and  gic investment for our company and the
        opportunities for its citizens through   has additional registrations globally.  long-term growth in shareholder value.
                                                                                Using Unibio’s technology, we aim to
        education, entrepreneurship and inno-  The  front-end  engineering  design
        vation. Unibio’s transformational tech-  (FEED) was completed last year, and   make Saudi Arabia the leader in single-
        nology and SIIG’s strategic aspirations   construction of the plant is anticipated   cell protein production and improve
        mark a significant milestone by bring-  to commence in the second half of   food security for both Saudi Arabia and
        ing the most sophisticated industrial   2026, with commercialisation expected   the world’s growing population”.
        fermentation to the Kingdom.        to start in 2028. This facility will be the             Circle 28 on enquiry card
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