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AlgaEnergy appoints of Debabrata Sarkar as Vice President – Asia Pacific, and Dr. Lokesh Singh as India Country Manager

These additions to AlgaEnergy’s Team reinforce the company’s current
and future positioning of its businesses in India and Asia region.


MADRID–(BUSINESS WIRE)–lt;a href="https://twitter.com/hashtag/agriculture?src=hash" target="_blank"gt;#agriculturelt;/agt;–As AlgaEnergy expands its international business strategy the company
has initially focused on agricultural markets in which there is a
growing need for innovation and efficient solutions to increase crop
yields and quality. In these markets, AlgaEnergy is leveraging its
privileged position as a world reference in the field of
sustainably-produced biological solutions and their application to
agriculture by introducing its innovative range of highly effective
agricultural products. After the recent incorporation of Douglas Ry
Wagner as President of International Agribusiness of AlgaEnergy, the
company has announced the appointment of Debabrata Sarkar as Vice
President, Asia Pacific.

Debabrata Sarkar is Agricultural Graduate with MBA from the Indian
Institute of Management Calcutta (IIM Calcutta) and brings over 20 years
of experience in the international agricultural sector. During this
time, he has worked in commercial roles and business development, and in
the fields of marketing, brand management and registration, development
and launch of new products. He also brings in-depth knowledge of the
Asian market. Mr. Sarkar has held executive roles in leading global
companies such as Monsanto (as Business Manager, Profit Centre Head,
Regional Product Leader), Chemtura (as Head of Marketing and Business
Development in South Asia), and as a Country Head for India for a
US-based biologicals solution company.

Regarding the position of AlgaEnergy in Asia Pacific and the recent
opening of the company’s subsidiary in India, Mr. Sarkar has highlighted
that “Asia Pacific, and in particular India, is one of the most
important and fastest-growing markets, especially in the agri-food
industry. Thanks to AlgaEnergy’s innovative products we have set as our
mission to help farmers increase the profitability of their farms in an
environmentally friendly way
. AlgaEnergy’s products are highly
innovative, effective and sustainable, and differentiated from other
commonly used products of reference,”
added Sarkar. Mr. Sarkar
elaborated that “Owing to the company’s unique technology that offers
solutions for many different industries, including agriculture,
nutrition, cosmetics, aquaculture, pharmaceuticals and, in the future
bioenergy, AlgaEnergy has an immense growth potential not only in India
but also across the region and around the world.”

Lokesh Singh, AlgaEnergy’s Country Manager for India

AlgaEnergy has also announced the appointment of Dr. Lokesh Singh as
Country Manager for AlgaEnergy in India. Dr. Singh carried out his Ph.D.
in Plant Breeding & Genetics at the University of Haryana (HAU) and
brings over 15 years of experience. He has held executive roles with a
strong commercial and technological profile in leading companies such as
Monsanto (as Regional Technology Development Manager and Regional Sales
Manager), Alliance Manager for a US-based biological company for India.
He has also worked as Senior Research Fellow in the State Agricultural
University in India.

The addition of Mr. Sakar and Dr. Singh to the AlgaEnergy leadership
team reinforces the company’s ambitions to rapidly expand its presence
and expertise across many international markets and bring its range of
highly effective, sustainably-produced and environmentally friendly
agricultural products to the Asia and India region.

About AlgaEnergy

AlgaEnergy is a biotechnology-based company specialized in the science
of microalgae. The company consolidates over 4 decades of
state-of-the-art knowledge related to microalgae, generated by the main
specialized universities, and has invested millionaire resources in
applied R&D, positioning itself as the main international reference in
this field. AlgaEnergy’s mission is to develop and commercialize
innovative high-quality products derived from microalgae, targeting
specific needs in different industries.

In the agricultural sector, after 10 years of research and development,
AlgaEnergy launched its brand AgriAlgae®, a range of high quality
biostimulants combining different microalgae species grown at
AlgaEnergy’s cutting edge facilities, whose effectiveness in terms of
increasing yields and improving qualities is demonstrated by numerous
independent field trials.

For more information about our activities, R&D projects, technology and
facilities, and products, please visit www.algaenergy.com

For more information about our agricultural products based on microalgae
AgriAlgae®, please visit www.agrialgae.com

Contacts

Fernando Varés Orive
fvo@algaenergy.es

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