Arsenal midfielder Mathieu Flamini reveals his company is set to revolutionise £20bn energy industry
Pioneer: Flamini's company could revolutionise the energy industry Stuart MacFarlane/Arsenal FC via Getty Images
Arsenal midfielder Mathieu Flamini has revealed that he has helped to create a company that could revolutionise the energy industry.
The 31-year-old has developed his company GF Biochemicals alongside business partner Pasquale Granata for several years but has kept the venture quiet until now.
The Frenchman already employs 80 people at a plant in Caserta, Italy and roughly 400 people make a living from the project which, after millions spent in research, can now mass produce Levulinic Acid (LA).
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The acid is a replacement for oil and could potential be used as a bio fuel to create pharmaceuticals, plastics and cosmetics.
Flamini has lifted the lid on the company's inception, which began when the midfielder left Arsenal in 2008, as part of an interview with the Sun.
"GF stands for Granata-Flamini. At the start we wanted the name of the company to be Green Futures.
“For seven years I haven’t mentioned it to anyone. When I moved to Milan in 2008 I met Pasquale, who became a close friend and we always had in mind to do something together.
“I was always close to nature and concerned about environmental issues, climate change and global warming.
“He was on the same wavelength. We were looking how we could make a contribution to the problem. After a while we found out about LA.
“It’s a molecule identified by the US Department of Energy as one of the 12 molecules with the potential to replace petrol in all its forms.”
“Researchers told us LA is the future and by doing research in that field we could come up with a great discovery and success. We financed the research by the Milan Polytechnic.
“After several months we came up with the technology of how to produce LA on an industrial scale, meaning cheaply and cost-effectively. We patented it.
“We are the first company - and the only one in the world - to produce LA on an industrial scale.
“We started production this summer. It comes from wood waste or corn waste etc."
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Flamini has invested a great deal of money into the project and admitted that it was 'a big risk' to do so.
“Yes, I invested a lot of money in this. It was a big risk. But to be successful you take risks. It was a challenge.
“We employ around 80 people in the plant and we give work in total to about 400 people. Which at a time of crisis in Italy makes me even prouder.
“There is the plant in Caserta in Italy, we have a lab there, an office in Milan with another in Holland, and we’re planning to open an office in the US soon.
“The head of the chemistry department is one of Italy’s top scientists in LA research. She is Professor Anna Maria Raspoli Galletti and we are so grateful to her.
“We are pioneers. We are opening a new market. And it’s a market potentially worth £20bn.
“Many people tried and failed to find a way to produce LA on a break-even basis.
“Obviously, when you start something like that and you spend so much money, and where there is risk there is stress."
But Flamini believes his business away from the football pitch served as a release and he is proud of what he has achieved.
“To me, it was an escape. A football career is made of ups and downs.
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“It cleared my mind and helped me to think about something different. And it was something intellectually challenging too.
“I was not thinking about losing millions.
“When I started I knew it would happen but of course there are times when you doubt.
“Not even my family knew anything about it. My parents did not know about it until about a year ago. First, they were worried, but now they are proud.
“My Milan teammates probably found out in our launch this week and my Arsenal teammates will probably find out reading this.I don’t think Arsene Wenger knows, I never spoke to him about it.
“I wanted it to be all in place first, up and running and announce it when I was ready. We’ve come here after seven years of work. We achieved something that has never been done before.
“Of that I am the most proud.”
If true and not some scam like the guys who repeatedly claim to have made cold fusion work, respect.
