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Solazyme and Bunge to triple size of renewable oils joint venture

8:00 AM MST | November 15, 2012 | Rebecca Coons

Renewable oils firm Solazyme and agribusiness giant Bunge have signed a framework agreement to expand the global production capability of their tailored oils joint venture from the 100,000 m.t./year facility under construction in Brazil to 300,000 m.t. of annual capacity. The capacity will be added at select Bunge facilities, although the locations and projected cost were not disclosed. The companies also intend to expand the portfolio of oils to be produced at the Brazil facility. "The expanded field and portfolio of oils would include certain tailored food...

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