Toward the start of the Euglena overseas culture demonstration project with ITOCHU Corporation
About the conclusion of the memorandum
-Started overseas demonstration for commercialization of Euglena production for biofuel and feed-

Euglena Co., Ltd.

　Euglena Co., Ltd. (Headquarters: Minato-ku, Tokyo, President: Mitsuru Izumo) is working with ITOCHU Corporation (hereinafter referred to as "ITOCHU") to collect exhaust gas and heat emitted from thermal power plants. We are pleased to inform you that we have signed a memorandum of understanding for the start of the overseas culture demonstration project for the biofuel and feed microalga Euglena (scientific name: Euglena) used.

　In recent years, against the background of global warming, low-carbon energy through next-generation technological innovation, development of alternative energy, and stable supply of protein sources for future explosive population growth have become common issues worldwide. I will.
Euglena has the characteristic that it absorbs carbon dioxide by photosynthesis, generates oxygen, stores carbon in the body, and proliferates. In this demonstration project, a culture facility will be installed adjacent to the thermal power plant at an overseas candidate site suitable for culturing Euglena, and euglena culture will be demonstrated using carbon dioxide and waste heat emitted from the thermal power plant. .. Feasibility studies and technological development for the commercialization of biofuel and feed Euglena production by starting with a test-scale culture and gradually expanding the culture scale according to the demonstration results. Demonstrate. The Republic of Indonesia has been selected as the first test site for the culture demonstration from the viewpoint of production cost and culture environment, and we plan to continue to consider other candidate countries in the future.

　With the conclusion of this memorandum, the Company will conduct demonstration tests on the isolation, collection, breeding, and cultivation of local strains of Euglena, while ITOCHU will conduct research on candidate sites for the demonstration project, negotiations, support for procurement of materials, and sales feasibility studies of products. We support overseas expansion and commercialization.
　In addition, through this demonstration project, our company and ITOCHU Corporation will work together to achieve the SDGs (Sustainable Development Goals): GOAL 7: Affordable and Clean Energy, GOAL 9: Build a foundation for industry and technological innovation, and GOAL 13: We will work to contribute to GOAL17: Partnerships for the Goals and take concrete measures to combat Climate Change.

<About Euglena Co., Ltd.>
　In 2005, Euglena Co., Ltd. succeeded in establishing the world's first edible outdoor mass culture technology for microalgae Euglena (Japanese name: Euglena) on Ishigaki Island. Based on our management philosophy of "Health for people and the earth," we develop and sell functional foods and cosmetics that utilize microalgae Euglena and chlorella produced on Ishigaki Island.

<About ITOCHU Corporation>
　ITOCHU Corporation was founded in 1858 by the first Chubei Itoh as a trading company in Azabu, and is now a major general trading company with approximately 110 bases in 63 countries around the world, including textiles, machinery, metals, energy, and chemicals. In addition to domestic, import / export and trilateral transactions in the fields of food, living, information and finance, we are developing a wide range of businesses such as domestic and overseas business investment.

<About microalgae Euglena >
　Microalgae Euglena (Japanese name: Euglena) is a type of alga that has the characteristics of both plants and animals and contains abundant types of nutrients such as vitamins and minerals in a well-balanced manner. In 2005, Euglena Co., Ltd. succeeded in mass edible outdoor culture for the first time in the world. https://euglena.jp

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-Contact for inquiries from the press-
Euglena Co., Ltd. Corporate Communication Division