Mark Williams of Ocean Harvest Technology: AIM listing will assist our rapid growth
Episode 1321, Apr 12, 2023, 09:42 AM
Mark Williams, CEO of Ocean Harvest Technology #OHT discusses how their AIM listing will assist their rapid growth and help achieve their target of becoming the largest supplier of proprietary blended seaweed ingredients to the global animal feed industry.
Overview of Ocean Harvest Technology
Ocean Harvest Technology is one of the leading commercial scale producers of seaweed blend ingredients for the animal feed market.
The Group was founded in 2005 on the belief that an investment in research and development would result in the ability to create seaweed ingredients that would deliver a number of specific benefits across multiple animal species based on the polysaccharides and other bioactive ingredients present in particular species of seaweeds.
Since its establishment, the Group, through its research and development programme, continues to build a portfolio of intellectual property and has had commercial success in selling its products as ingredients to improve the efficiency, profitability and sustainability of the animal feed chain by delivering improvements in animal gut health.
The Group's intellectual property portfolio (comprising trade secrets, know-how, various pending patent applications and trade marks), developed in-house and in conjunction with a number of academic and corporate partners, has enabled the Group to demonstrate the significant and positive impacts of its products to potential customers. Alongside this, the Group has focused on the growth of its global seaweed supply chain from harvesters and other suppliers. Harvested seaweeds are transported to the Group's facility in Vietnam where they are processed into OceanFeedTM feed ingredients for multiple species of animals. The Directors estimate that the Group has spent over €20 million to date in R&D and commercialising its products.
To read the full RNS click here
Overview of Ocean Harvest Technology
Ocean Harvest Technology is one of the leading commercial scale producers of seaweed blend ingredients for the animal feed market.
The Group was founded in 2005 on the belief that an investment in research and development would result in the ability to create seaweed ingredients that would deliver a number of specific benefits across multiple animal species based on the polysaccharides and other bioactive ingredients present in particular species of seaweeds.
Since its establishment, the Group, through its research and development programme, continues to build a portfolio of intellectual property and has had commercial success in selling its products as ingredients to improve the efficiency, profitability and sustainability of the animal feed chain by delivering improvements in animal gut health.
The Group's intellectual property portfolio (comprising trade secrets, know-how, various pending patent applications and trade marks), developed in-house and in conjunction with a number of academic and corporate partners, has enabled the Group to demonstrate the significant and positive impacts of its products to potential customers. Alongside this, the Group has focused on the growth of its global seaweed supply chain from harvesters and other suppliers. Harvested seaweeds are transported to the Group's facility in Vietnam where they are processed into OceanFeedTM feed ingredients for multiple species of animals. The Directors estimate that the Group has spent over €20 million to date in R&D and commercialising its products.
To read the full RNS click here