# Fermentalg and DIC Corp. partner on natural food colorings

Fermentalg and DIC Corporation signed a cooperation agreement including a €5 million investment by DIC in Fermentalg and a three-year joint development agreement for two products, including phycocyanin, a natural blue pigment for food colorings.

- Type: Partnership
- Announced: 2017-09-12
- Value: $5.98M (5.00M EUR)
- Status: announced
- Products: natural blue pigment (phycocyanin), natural food colorings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [DIC Corporation](https://endata.com/companies/19672.md) (partner)
- [Fermentalg](https://endata.com/companies/26878.md) (partner)

## Sources

- [nutritioninsight.com](https://www.nutritioninsight.com/news/fermentalg-joins-dic-to-create-natural-food-colorings-as-it-announces-half-year-results.html), 2017-09-12: "Fermentalg, a French company providing microalgae products for nutrition and health, and DIC Corporation, a Japanese company in the global chemicals industry, have announced the signing of a cooperation agreement."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.