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Solazyme expands JDA, signs agreement with Sasol

7:00 AM MDT | August 9, 2013

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, multiyear JDA that Solazyme and Mitsui signed in February for myristic oil. Solazyme has also announced that it has signed a separate, commercial supply agreement with Sasol Olefins & Surfactants for algal oil rich in erucic acid. Erucic acid is commonly found in some rapeseed and mustard seed oils and is currently used mainly as an emulsifier in multiple industries. The...

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