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* Please note that the news release contains the content at the time of the announcement and may differ from the latest information.

2017.07.31

To reduce the production cost of algae biofuel
The world's first large-scale algae-type microalgae culture pool has started operation.
-Establishing low-cost and short-term culture pool construction technology by applying Japanese paddy field development technology-

Euglena Co., Ltd.
Kobashi Industries Co., Ltd.

Euglena Co., Ltd. (Headquarters: Minato-ku, Tokyo, President: Mitsuru Izumo, hereinafter "Euglena") and Kobashi Industries Co., Ltd. (Headquarters: Okayama City, Okayama Prefecture, President: Shojiro Kobashi, hereinafter "Kobashi Industries") Paddy field creation aze * The world's first aze-type microalgae culture pool was constructed by applying coating technology, and started operation at Our I will inform you of that.
 The scale of the Aze-type microalgae culture pool will be approximately 1,000 m2 per unit, and we plan to expand it to approximately 3,000 m2 in line with the expansion of the culture scale.
 * Aze ... A partition between rice fields that has been raised and hardened with soil.

Untitled

 Euglena Co., Ltd. and Kobashi Industries Co., Ltd. signed a joint research and development agreement on an efficient and stable cultivation method for microalgae in September 2014, and established a method for constructing a microalgae culture pool for fuel by applying paddy field development technology. We have also been conducting joint research to reduce construction costs.
 The Aze-type microalgae culture pool, which will start operation this time, is the world's first microalgae culture pool constructed with soil that has been solidified into a Aze-type instead of concrete by applying Kobashi Industries' paddy field development technology. The construction cost will be about one-tenth that of a culture pool constructed of concrete, and the construction period will be about one-fourth. It is possible to respond quickly.
 Euglena Co., Ltd. and Kobashi Kogyo will continue to work on further increasing the scale and efficiency of the microalgae culture pool to reduce the production cost of microalgae for fuel such as Euglena We will promote joint research.

<About Kobashi Industries Co., Ltd.>
Agricultural machinery manufacturer headquartered in Okayama City. Founded in 1910. Based on the business philosophy of "replacing the manual work of farmers with machines," we develop, manufacture, and sell tractor work machines such as rotary, shaving machine, and puddling machine, and tillage claws. Japan is the only manufacturer that develops and manufactures both work machines and tillage claws.

<About Euglena Co., Ltd.>
In 2005, we succeeded in establishing the world's first outdoor mass culture technology for the Euglena In addition to developing and selling functional foods and cosmetics that utilize the Euglena Listed on TSE Mothers in December 2012. TSE First Section market change in December 2014.

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-Contact for inquiries from the press-
Euglena Co., Ltd. Public Relations and IR Division
Kobashi Industries Co., Ltd. Corporate Planning Department

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