PROJECT DESCRIPTION
BACKGROUND
The LIFE CONQUER project aims at sustainably exploiting the side stream of the salmon processing industry for producing salmon peptides and oil, to be used as ingredients for human nutrition at large scale.
A sustainable first-of-its-kind biorefinery will be developed in Hirtshals (Denmark) based on know-how developed by BD, the Coordinator, in its DEMO plant, bringing the process from TRL 6 to TRL 8.
The building of such a big system is huge in term of effort and investments, i.e. the whole investment requires about 17 M€.
Beneficiaries are already starting the work in autumn 2021, by using their own resources, to set-up all the external infrastructure and some of the equipment needed for producing salmon peptides and oil as ingredients for human nutrition.
At the beginning of the LIFE project, the biorefinery will be ready to host and to demonstrate the innovative i) solutions for extracting proteins from bones ii) the in-situ spray drying iii) an innovative inbound logistics for raw material, the three main objectives of LIFE CONQUER project. Once the three systems will be set-up, tested and optimised the whole biorefinery will be ready to demonstrate at industrial scale the following environmental goals in line with the priority of LIFE programme: - Reduction of bio-waste: about 21,000 tonnes/years of salmon offcuts will be saved when the biorefinery will be fully operative, 18,300 during the project by reaching 87% of capacity; - GHG reduction of about 1,623 tonnes of CO2eq/Year; - A water efficiency of 30,000 m3, - Thermal energy saving of 23.6868 Gwh/year The P&L shows the sustainability of the BG business model, with a revenue of about 27 M€ and a total EBITDA foreseen to reach 15,394 K€ in 2028, confirming the profitability of the whole biorefinery. The project will have benefits of the creation of new jobs, as 17 FTE will be employed in the biorefinery starting from 2023.