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Biotechnology Company Launch New Seaweed Product
4 August 2008
Leader for the Government in the Legislative Council, Doug Parkinson, today launched an innovative new gardening product.
Biotechnology company Marinova received a government grant to help develop a waste recovery system to convert seaweed by-products into a functional soil additive.
詳 innovative new product is the result of Marinova࣯mmercialisation acumen and state government support,�Parkinson said.
Ჩnova have developed a waste-recovery system to convert seaweed by-products into a functional soil additive, the new SeaGreens potting mix.
詳 potting mix has been developed in collaboration with Tasmaniaଡrgest potting mix manufacturer, Horticultural and Landscape Supplies.
詳 is an excellent outcome as previously Marinova was dumping its waste products at the Mornington and Triabunna tips which was both costly to the company and a waste of potentially nutrient-rich additives.羚nt>
Mr Parkinson said Marinova was a great example of a highly innovative and specialised biotechnology business, an emerging sector in Tasmania.
襲e are strong indicators that Tasmania offers a unique set of opportunities for biotechnology to become one of our leading industries,�Parkinson said.
urther promote development in the sector, the government has established a 10 year biotechnology strategy after extensive stakeholder consultation.
ᵮched in June 2007, BioVision Tasmania identified eight key challenges that need to be addressed to grow the industry.
襳e challenges included access to capital, collaborative research opportunities, access to sophisticated equipment and infrastructure, and access to specialist business skills.
尲esentatives of the industry, including Marinova, recently undertook a trade mission to BIO 2008, the worldଡrgest biotechnology convention , with over 22 000 participants.羚nt>
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