Verde Media Group Inc. to Launch Proprietary Deep Well Fermentation Technology for Omega-3 Production in Asia
VMGI Announces Significant Cost Savings in Production of Omega-3 Oils as it Prepares for Importation and Sales in the United States
Boston, MA, July 10, 2014 (Newswire.com) - Verde Media Group Inc. (OTC: VMGI), through its Verde Media Biotechnology Division ("VMBD") is preparing for the next phase of construction for its Pilot and semi-commercial Omega-3 oil production facility in Asia. The company broke ground on the project in May of this year and is currently poised to begin building the most crucial and cost-effective part of the facility.
The Geo Well Fermentation facility (GWF) is an underground earth-vessel based technology that will produce microbial products with a number of advantages. Primarily, the capital investment involved is reduced to half compared to steel based vessels and, secondly, the requirement to maintain a specific pre-defined temperature is substantially reduced because of geo-thermal insulation. Collectively, the technology leads to substantial savings on operating and capital investment that leads to better margins.
Omega-3 oils are mainly derived from marine sources. However more recently the oils can be produced using microbes. VMBD's exclusive technology utilizes a robust and sophisticated GWF process to grow specialized omega-3-producing microbes in large volumes at substantially reduced costs. The company expects to have its first GWF vessel completed within the next 3-4 months, allowing them to begin trials at pilot and semi-commercial scale. It is anticipated the facility will reach a 10,000-liter scale once fully operational.
"We are excited to kick-start our novel technology to produce omega-3 oils in an economical manner not possible until now, using atypical feedstocks. Our transition from pilot to semi-commercial scale is important to rapidly deploy our exclusive GWF process to achieve commercial scale and begin importing the product for sale in the US."
Dr. Abidi, CEO of Verde Biotech Division said "We are excited to kick-start our novel technology to produce omega-3 oils in an economical manner not possible until now, using atypical feedstocks. Our transition from pilot to semi-commercial scale is important to rapidly deploy our exclusive GWF process to achieve commercial scale and begin importing the product for sale in the US."
For more information, visit www.verdemediagroup.com, or connect with the company on Facebook. Twitter- @Verdemediagroup
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