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Unilever, Solazyme Extend Renewable Oils Collaboration

2:35 PM MDT | October 17, 2011 | Rebecca Coons

Algae oils firm Solazyme (San Francisco) says it has expanded its commercial development deal with consumer goods giant Unilever. The two firms have been collaborating since 2009 to apply Solazyme’s technology to the production of tailored oils for use in Unilever’s soap, personal care, and nutritional products. The two-year extension includes unspecified funding by Unilever and a multi-year supply agreement for commercial quantities of Solazyme’s renewable oils. Deforestation and forest burning for oil palm plantation development in Riau...

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