August 9, 2011

Solazyme, Bunge in sugar JV

Is this a signal from Bunge that it is ready to be a big-time player in the agri-based industrial chemicals market?

The blog saw this news from Solazyme yesterday about their sugar deal with agribusiness company Bunge. The companies actually started their partnership in August 2010 when Bunge started investing in Solazyme. In May this year, the companies started a 2-year joint development agreement to develop microbe-derived oils using Brazilian sugarcane as feedstock.

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