Algaia, S.A announces a new, long-term commercial and development agreement with its strategic partner, Gelymar SA., Chile.
As of January 2019, Algaia SA, a well-established global player in the field of alginate and specialty algae extracts, will not only continue to represent Gelymar in Europe for carrageenan (red seaweed extracts), but both companies have also decided to use a joint commercialization channel in the US.
Both Gelymar and Algaia will market their products in the North American region through AIDP Inc., Algaia’s current US distributor. This agreement for North America will position Gelymar and Algaia as leading manufacturers of sustainable algae extracts for food, nutraceuticals and personal care products, offering an extensive range of algae ingredients. Their whole portfolio of solutions will be available through AIDP Inc.
From Left to Right : Andres HOHLBERG (Gelymar CEO), Fabrice BOHIN (Algaia CEO), Alejandra DE LOS REYES (Gelymar Commercial Director)