Affinity Energy and Health

Affinity Energy and Health (ASX. AEB) (formerly known as Algae.Tec Limited) is a leading diversified plant-based health and wellbeing company.

The Company’s primary focus is on developing industry-leading growing technology to produce commercial quantities of algae and medicinal cannabis for supply to four key markets:

  • Algae-based nutraceuticals
  • Animal feed and aquaculture markets
  • Medicinal cannabis
  • Biofuels

Algae is produced from the Company’s state-of-the-art growing facility in Atlanta which produces multiple high-demand species to service both the growing nutraceutical and aqua feed markets.

Affinity Energy and Health has also applied its industry-leading growing technology to the production of medicinal cannabis through strategic partnerships in Uruguay for the rapidly expanding cannabis market.

Algae-based Nutraceuticals

Supply agreement signed with USA’s leading wholesaler of algae-based nutraceutical products, Gencor Pacific.

State-of-the-art algae growing facility in Atlanta produces high quality products for the hungry nutraceuticals market.

Algae-based Aqua Feed

FeedMe™ Algae naturally derived product line launched in April 2017 – growing sales pipeline via

Discussions are well advanced with major retail outlets in North America.

Medicinal Cannabis

State-of-the-art cultivation and R&D facilities based in Uruguay

Heads of Agreement signed with Uruguay’s Auberna SA (trading as United Biogenics “BioU”) to acquire 25% equity interest

Algae-based Biofuels

Operating plant will demonstrate AEB’s capacity to produce economic biofuels from CO2 sequestrations which are the key fuel source that grows the algae

Successful commissioning of demonstration plant will provide Reliance with a ‘Real Green Solution’ which can be rolled out across multiple sites in India

Board of Directors

Malcolm James

Exec. Chairman / Managing Director

Peter Hatfull

Executive Director

Garnet Earl McConchie

Executive Director

Ramasamy V Venkatesh

Non-Executive Director

Allan Tan

Non-Executive Director