en.Wedoany.com Reported - CABB announced a strategic partnership with Origin by Ocean to build the first seaweed biorefinery in Finland's Kokkola Industrial Park (KIP), described as the largest inorganic chemical ecosystem in Northern Europe.

The project will utilize Origin by Ocean's patented technology to process invasive brown algae—Sargassum—into high-value components such as alginate, fucoidan, and biomass residue. Origin by Ocean ultimately plans to construct biorefineries near the Caribbean, where up to 40 million tons of Sargassum biomass erupt annually, causing damage to tourism and related industries.

The company estimates the total market value for industries that can immediately utilize algae-based ingredients, such as cosmetics and detergents, at $220 billion. It has already partnered with multinational consumer goods companies and Finnish lifestyle brand Marimekko, among others.

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