In California, Natura Cosméticos and Solazyme announced that Natura is purchasing Solazyme’s high-performance AlgaPūr Microalgae Oil, which will be incorporated into Natura’s multiple product lines. The move follows one year of testing and product validation using Solazyme’s AlgaPūr oils, which offer “higher hydration levels, a silky but not greasy skin feel, mildness on the skin, […]
In California, Solazyme announced a loss of $34.7 million on sales of $12.6 million compared with a $34.7 million loss on $12.4 million in sales for Q1 2014. Product revenue of $8.8 million was up 20% versus the comparable quarter. Comments from Solazyme “We are executing against our operating plan for 2015 and are pleased […]
In California, Flotek Industries and Solazyme announced agreements to globally commercialize Flocapso, an innovative, advanced drilling fluid additive. In addition, Flotek will market Solazyme’s Encapso lubricant – the first commercially available, biodegradable encapsulated lubricant for drilling fluids – in certain Middle Eastern markets. Under the Joint Product Development and Marketing Agreement, Flotek and Solazyme will […]
Solazyme, Inc. is a renewable oil and bioproducts company that transforms a range of low-cost plant-based sugars into high-value oils. Headquartered in South San Francisco, Solazyme’s renewable products can replace or enhance oils derived from the world’s three existing sources – petroleum, plants and animal fats. Initially, Solazyme is focused on commercializing its products into […]
Renewable chemicals developer Genomatica took the #1 spot in the 2014-15 “30 Hottest Companies in Biobased Chemicals and Materials” rankings, published today in The Digest, the world’s most widely-read advanced bioeconomy daily. It is Genomatica’s fourth consecutive year at the top of the rankings. Solazyme (#2), Amyris (#3), BASF (#4), LanzaTech (#5), DSM (#6), Elevance […]
Revenue and customer numbers are up at Solazyme, 60% YOY growth from Q3 2013 to Q3 2014. But a slowdown in the rollout at Moema capacity leads to a spectacular 58% one-day drop in the stock price. What happened? If you’ve been following the Biofuels Digest Index, you’ll have noticed in recent months that Solazyme has […]
The Biofuels Digest Index, an index of publicly traded biofuels stocks, dumped 2.24 percent to 67.79 as Solazyme’s spectacular crash unfolded. For the day, Solazyme (SZYM) plunged 58.08 percent to $3.14, while The Anderson (ANDE) fell 18.06 percent to $51.96. Among other equities, Cosan (CZZ) dumped 10.96 percent to $9,34. Overall, advances led declines 9 […]
In the US, the EPA has awarded the Presidential Green Chemistry Award to five recipients: Amyris, Professor Shannon Stahl, University of Wisconsin-Madison, Solazyme, QD Vision, Inc, and the Solberg Company. Amyris received the prize in the small business category, and Solazyme received one of three awards for “greener reaction conditions, designing greener chemicals, and greener […]
Signature AkzoNobel deal expansion highlights Solazyme’s Q2 results. But there’s something more to this company than the cash that sustains it, though sustain it cash does, and necessarily so. In California, Solazyme and AkzoNobel announced that they have expanded their multi-year agreement with supply terms targeting 10,000 MT annually of algal oils for a new […]
In California, Solazyme announced that its joint venture with Bunge Global Innovation has successfully produced its first commercially saleable products on full-scale production lines, including the 625,000L fermentation tanks, at the Solazyme Bunge Renewable Oils plant in Brazil. Both oil and encapsulated lubricant, Encapso™, products have been manufactured; production is continuing and is expected to […]
