6 of 8
BACKNEXT
Happy hour for fish
Happy hour for fish
Oberon uses bacteria to turn unwanted beer sludge into premium protein feed for fish farms.

Oberon FMR
Idaho Springs, Colo.

Andrew Logan has what every manufacturer craves: an endless source of free raw materials that his suppliers can't wait to dump and a market starving for his product.

Logan, a biologist in Idaho Springs, Colo., turns waste from breweries into a fish-food ingredient. His company, Oberon FMR, spent a decade refining a proprietary mixture of microbes trained to eat food-based wastewater. When dried, the bacteria become high-protein flakes for the booming $100 billion aquaculture industry.

"The opportunity is massive," says Logan.

His suppliers agree. By law, breweries and foodmakers must find safe removal solutions for wastewater; hauling it away and composting it (or, in winter, storing it) can cost up to $3 million a year. Now Oberon takes it off companies' hands for free.

With 65 million tons of seafood farmed for human consumption annually, fish farms are growing by an average of 9% a year and need a new kind of premium feed.

Oberon isn't alone in the quest to find a new protein source for the world's fish. Companies in China and Norway are looking at corn, wheat, even feathers from chicken processing. But Oberon, which plans to launch its flakes in 2010, will be the first to have a free and plentiful food source. -Jennifer Alsever

NEXT: Cooler ice coolers

Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
LAST UPDATE: Nov 30 2009 | 6:37 PM ET
More Galleries
A sampling of beers being made with traditional Latin flavors A small but growing number of craft breweries are including passion fruit, Mexican cinnamon and other traditional Latin flavors. More
Banks won't lend? Use these guys instead Banks often have exhaustive approval processes, high minimums, and flawless credit requirements. But there's a wealth of non-bank alternatives for those who need capital fast. Here are some of the leaders. More
Facebook launched my startup These entrepreneurs relied exclusively on Facebook, Twitter and Instagram to jumpstart their small businesses. More

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.