Arsenal midfielder Mathieu Flamini has announced he has entered a new market that can revolutionise the green energy industry. In 2008 when Flamini signed for Italian giants’ AC Milan, he met his business partner Pasquale Granata, who founded the company ‘GF Biochemicals’ (Granata-Flamini).
Flamini has always been environmentally concerned, therefore the 31-year-old has spent millions in research, trials, infrastructure and employee fees to form the first company in the world to mass produce Levulinic Acid which is believed to be a replacement for oil in all forms.
Commenting on the company, Flamini said: 'At the start we wanted the name of the company to be Green Futures. 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 Levulinic Acid: 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.'
The Arsenal man also commented on the potential of his latest business: “We are pioneers. We are opening a new market and it’s a market potentially worth £20billion”.
Flamini, who had 12 successful years as a professional footballer, had kept this a secret from friends and family, including his parents who were completely unaware of what he was planning until a year ago.
The former Milan midfielder has his plant and laboratory in Caserta, in addition to offices in Milan. By roughly employing 80 people in the plant and 400 workers, Flamini has also helped Italy’s current job crisis which saw the youth unemployment rise earlier this summer.