Alby PtX and Big Akwa Announce Strategic Partnership for Industrial Symbiosis

PRESS RELEASE

Alby PtX AB and Big Akwa AB (publ) are pleased to announce the signing of a Strategic Partner Memorandum of Understanding (MOU) to explore a long-term strategic cooperation aimed at leveraging industrial symbiosis. This partnership will focus on utilizing shared resources, by-products, and infrastructure to create mutual value, reduce energy consumption, minimize environmental impact, and enhance overall efficiency.

Co-owned by Prime Capital and Norsk e-Fuel and supported by RES, Alby PtX brings together the partners’ expertise to develop an industrial-scale e-Fuel plant producing sustainable aviation fuel. Big Akwa plans to establish a land-based aquaculture facility in proximity to Alby PtX’s operations. In collaboration with Alby PtX, the project could integrate surplus oxygen and waste heat from the nearby e-Fuel production to oxygenate and regulate the temperature of the fish water, improving overall energy efficiency. Downstream, nutrient-rich effluents and organic residues from the aquaculture could be recovered and converted into valuable bio-based products.

Key Highlights of the Partnership

• Surplus oxygen could be used both to oxygenate the fish farm water and in aerobic fermentation processes to convert nutrient-rich effluents into valuable bio-based products such as microbial biomass for feed or fertilizers.
• Waste Heat Utilization: Alby PtX’s waste heat will be used to dry fish sludge, dry or pre-process SCP biomass, and maintain optimal temperatures in certain aquaculture systems.
• Mutual Benefits: The partnership will create mutual value, reduce energy consumption, and minimize environmental impact.

“We are excited to partner with Big Akwa to explore the potential of industrial symbiosis. This collaboration aligns with our commitment to sustainability and innovation,” said Lars-Bjørn Larsen, Board Member of Alby PtX AB.

“Through the integration of Alby PtX’s surplus heat and oxygen, we could turn industrial by-products into valuable resources. This partnership demonstrates how collaboration can drive sustainable food production” says Elena Petukhovskaya, CEO of Big Akwa AB (publ).

Magnus Mattsson, Work Stream Leader Alby PtX, concludes, “This is a significant step forward towards Alby industrial park. The symbiosis provided will drive energy efficiency and hence support the green transition. It will also create important socioeconomic opportunities in the Ånge region.”

About Alby PtX

Alby PtX AB, co-owned by Norsk e-Fuel and Prime Capital and supported by RES, is developing a pioneering e-Fuel facility in Alby, Sweden. The project leverages technological innovation and investment expertise to enable large-scale production of sustainable aviation fuel, generating waste heat and surplus oxygen as by-products.

About Big Akwa AB (publ)

Big Akwa AB (publ) is a Swedish company specializing in innovative solutions for resource-efficient food production. The company is developing a land-based fish farm with an annual capacity of 6,000 tons at Alby, Ånge Municipality, designed to operate in industrial symbiosis with nearby process industries, improving energy efficiency and environmental impact

For media inquiries, please contact:

Alby PtX AB
Magnus Mattsson
Email: magnus.mattsson@res-group.com

Big Akwa AB (publ)
Elena Petukhovskaya
Email: elena@bigakwa.com