SIIG invests $70m in alternative protein


Saudi Industrial Investment Group agrees to invest in Danish protein tech company Unibio International 

Unibio International PLC has confirmed that privately-owned petrochemical company Saudi Industrial Investment Group (SIIG) has signed an agreement to invest approximately US$70 million in the Danish protein tech company. 

Using its own fermentation technology, called “U-Loop”, Unibio is producing “Uniprotein”. The technology which has been scaled-up to an industrial scale and is being rolled out globally, uses methane, such as natural gas and biogas as feedstock.

The funds will be used to roll-out new global production capacity, grow operating capabilities, and accelerate innovation and commercialisation. 

This is premium content

Already a member? SIGN IN now


Sign up for FREE to continue reading!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the commercial fishing and aquaculture sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the commercial fishing industry
  • Our extensive archive of data, research and intelligence

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!