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Chemical Week Magazine :: Business & Finance :: United States/Americas
Solazyme, ADM to produce algal oils at former Telles unit
December 3, 2012 | —Rebecca Coons
Advancing algae: Solayzme signs manufacturing pact with ADM, expands relationship with Bunge. Archer Daniels Midland (ADM) has agreed to manufacture up to 100,000 m.t. of Solazyme’s (San Francisco) tailored algal oils annually at the Clinton, IA fermentation facility ADM built to manufacture polyhydroxyalkanoate (PHA) for its now-defunct joint venture with Metabolix (Cambridge). Under the terms of the deal, Solazyme will target 20,000 m.t. of oil production in 2014 for sale into the North American industrial and nutritional markets, with an aim to increase...
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