Joint venture
 

Alganite® is produced by a joint venture owned by PAMA (Energy Resources Development) Ltd. and Kfir Minerals Ltd. and is marketed in Europe by N.G.J. Schouten B.V.

PAMA (Energy Resources Development) Ltd. Is a subsidiary of:

Israel Electric Corporation Ltd.
Israel Chemicals Ltd.
Oil Refineries Ltd

Kfir Minerals Ltd. of Israel – a private firm founded some 30 years ago – has the concession to process the residue produced by the energy plant. In addition to the processing of Alganite® , KFIR Minerals also engages in the production of livestock feed and the mining of minerals. Kfir Minerals has a number of associate companies engaged in other production enterprises.

N.G.J. Schouten B.V. of the Netherlands is a private firm which has been active in the feed commodity trade for some three generations. About ten years ago N.G.J. Schouten B.V. embarked on a program for expansion of its activities, one of these being the marketing of Alganite® to the European market.