IHS Chemical Week

Markets :: Alternative Fuels :: Biorefineries

Amyris advances farnesene, confirms funding

1:40 PM MDT | April 1, 2013 | Rebecca Coons

Renewable fuels and chemicals maker Amyris (Emeryville, CA) announced three milestones in its efforts to commercialize the building-block chemical farnesene, including two funding agreements. The company says it has received confirmation that Total will provide $30 million of funding to Amyris by July 2013, as anticipated in the revised collaboration agreement announced last year. The two parties intend to form a joint venture company by mid-2013 to market renewable diesel, jet fuel, and other specialty products derived from Amyris's renewable farnesene...

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