Our Ocean Wealth Summit 2019

On 10thJune CuanTec had the honour of speaking at the ‘Our Ocean Wealth Summit 2019’ in Cork, Ireland with our investors, Sky Ocean Ventures.

Sky Ocean Ventures is an investment group aiming to clean up and protect our oceans from plastic. As a major investor in CuanTec, they gave us the opportunity to speak at this international event about our company, which we are extremely grateful for. Our CEO, Cait Murray-Green, made the presentation and afterwards she received a lot of positive feedback from audience members about our company and what we are trying to achieve.

Our Ocean Wealth was set up to protect and invest in Irish marine resources. As a government plan, it brings together multiple departments to work together to take advantage of Ireland’s vast waters as well as safeguard the marine environment. The summit was the flagship event for Irelands marine sector and was attended by several distinguished guests from around the world including politicians, diplomats, business representatives and climate change activists, all with one message: we must act now to save the earth as we know it.

Keynote speaker, former US Secretary of State John Kerry spoke of how each nation must start working harder, and together, to protect our oceans and deal with climate change as the two are not independent of each other. He expressed concerns about slow-moving policy makers and emphasised the need for action now, advocating to the people in the room “lets just get it done”.

Many other speakers echoed the same message and the hunger to make a real difference in the room was obvious. Some spoke of the challenges that their nation faced and the changes they are implementing to do their part and save their oceans. Cait spoke proudly of our efforts in the blue economy. By taking waste fish products from fisheries and turning them into products that can replace current thermoplastics, our methods are much more environmentally conscious than for standard plastic. As our end-product is compostable, it removes the problem of plastic in the ocean or buried in landfill.

The stand-out speaker for us was 17-year-old Alicia O’Sullivan. As Ireland’s Youth Ambassador for Oceans, she gave an impassioned speech telling us all in no uncertain terms ‘climate change is now’. Encouraging a collaborative approach from government, scientists and activists across the globe, Alicia articulated the frustrations of youth around the world. The young people of this world will no longer tolerate empty words and promises from politicians and policy makers.

 They want change.

They want action.

We all need it now.


To find out more about Our Ocean Wealth: https://www.ouroceanwealth.ie/

Link to Alicia’s speech: https://www.youtube.com/watch?v=bn5lQoT22Cc&feature=youtu.be

Last week CuanTec welcomed a Sky filming crew to our Oban site to make a movie about what we do. As a major investor in our business, Sky Ocean Ventures commissioned the film to be included on our websites and various media outlets. As might be expected from a world-class media organisation, their film crew embraced all elements of CuanTec's business and followed the whole life-cycle of what we do - from the fishing of langoustines - to our processing of fishery waste into the production of our bio-plastic - to its final use as a packaging for seafood ......  it was all covered in just a few days! We can't wait to see the final result ...... and we'll share it with you as soon as we can!

(above: Our CEO, Dr Cait Murray-Green being interviewed just out the back of our Oban site)

(above: Creel boat moored after a successful fishing trip off beautiful Siel near Oban)

(above: Sky camera man filming production at Inverawe Smokehouse)

(above: preparing an interview with our Head of Microbiology, Tracy White at the Oban lab)

In the last couple of months, we've been lucky enough to have some talented new employees start with CuanTec. Continuing our series of feedback on how it's been going so far with them, here's some comments from our newest lab technician, Calum:

"As soon as I joined CuanTec at Biocity, I noticed how friendly and supportive everyone in the company that I had met was.  It is a close working community who try to help each other where ever they can and work together to achieve the over-all goals of the company.  I’ve found the working environment to be fast paced and productive but manageable and well-structured due to the weekly planning involving all stages of the business sharing ideas on how to proceed.  I have been supported with learning the required steps of my position with lab safety and independent work in mind; meaning that if I’m unsure of an aspect of what I’ve been asked to do then my manager will go over it as many times as required for me to feel confident in what I do.  All in all I would say my experience of joining CuanTec has been very positive and I look forward to working with everybody in the company further!"