December 21, 2010

DSM enters algae-based chems

I received news today about DSM's acquisition of Martek Biosciences for $1.09bn and the words algae and industrial biotechnology mentioned in the press release definitely rang several bells in one section of my brain (where all things green and chemistry info are located).

There is also one time a few months ago that I received a phone call from a Martek official inquiring about algae developments in the chemical sector. With this acquisition news, it now all make sense to me and I'm thinking Solazyme might soon face a big competitor in the algae-based chems field especially specialty applications.

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