Markets :: Alternative Fuels :: Biorefineries
Amyris narrows loss
9:11 AM MDT | August 11, 2014 | Rebecca Coons
Biobased farnesene firm Amyris (Emeryville, CO) reports a second-quarter net loss of $35.5 million, compared to a net loss of $38.9 million in the year-ago quarter. Sales slipped 14.2%, to $9.3 million. Renewable product sales revenue was $4.4 million, a 5.4% increase over the second quarter of 2013. Recognized grants and collaborations revenues were $4.9 million on a GAAP basis. Expanded isoprene collaboration with addition of a new partner, Braskem, and added first cosmetic product collaboration with Natura, BioAmber says. "With two new...
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