in this issue
Chemical Week Magazine :: Specialty Chemicals
Solazyme reports higher revenue and updates time line for Moema start-up
6:52 AM MST | November 22, 2013 | —Rebecca Coons
Algal oils firm Solazyme (San Francisco) reports a net loss of $30.7 million for its fiscal third quarter compared with a net loss of $22.5 million in the year-ago period. Excluding one-time charges, the company reports a loss of 34 cts/share, missing a consensus of analysts’ estimates compiled by Thomson Reuters (New York) by 1 ct. Sales increased 23.2% year-on-year, to $10.6 million. The company has also announced that the start-up of its first commercial-scale asset—a $140-million, 100,000-m.t./year joint venture facility with Bunge at Moema...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be: