Amyris executes strategic supply agreements with Raizen

May 21, 2019 |

In California, Amyris announced the execution of strategic supply agreements with Raizen for the supply of sugar, energy and other utilities to its new planned production plant co-located with Raizen’s Barra Mill at Barra Bonita, Brazil.

In addition to the supply agreements, the companies entered into an arrangement to establish the basis for the creation of a potential joint venture between Amyris and Raizen, focused on the production and commercialization on a global basis of zero calorie sweeteners using Amyris’s leading technology, naturally sourced from sugar cane sugar. This potential joint venture would leverage from Raizen’s significant scale in feedstock, operating excellence, sugar market know how and access, supply chain businesses, and excellence in power generation. For Raizen, the joint venture is expected to provide strategic innovation and product diversification, through the development of high value products sourced from sugar cane and biomass.

The creation of the potential joint venture is subject to the fulfillment of certain conditions established between the parties, as well as all the applicable approvals from regulatory and antitrust authorities.

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Category: Fuels

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