Breaking News on Cosmetics Formulation & Packaging in North AmericaEU editionAPAC edition

Headlines > Business & Financial

News in brief

Solazyme teams up with ADM to produce renewable algal oils

20-Nov-2012

Solazyme and Archer-Daniels-Midland Company have joined forces to produce the former’s tailored algal oils in ADM's advanced fermentation plant at Clinton, Iowa. 

Under the terms of the agreement, Solazyme will initially target the production of 20,000 metric tons of oil in 2014, with an aim to increase production to 100,000 metric tons in subsequent years.

"This agreement with ADM will further establish our commercial footprint in the U.S. for renewable oil production capacity at ADM's Clinton, Iowa facility,” said Jonathan Wolfson, CEO Solazyme.

“Further, the location's substantial renewable oil production capacity is in close proximity to our North American target customers." 

Live Supplier Webinars

Explore how Snow Algae Powder stimulates longevity genes
Mibelle Biochemistry

On demand Supplier Webinars

Burns fat and achieves centimetric reduction
Provital Group
All supplier webinars