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Solazyme expands JDA with Mitsui, signs off-take agreement with Sasol

1:14 PM MDT | August 7, 2013 | Rebecca Coons

Algal oils producer Solazyme (San Francisco) announced that its joint development agreement (JDA)  with Mitsui has been expanded to include high erucic oil. The deal builds upon a $20-million, multi-year JDA Solazyme and Mitsui signed in February for myristic oil.  Solazyme also announced that it has signed a separate, commercial supply agreement with Sasol Olefins & Surfactants GmbH (Sasol O&S), for algal oil rich in erucic acid (C22:1). Erucic acid is commonly found in some rapeseed and mustard seed oils and is currently used mainly as an...

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