November 15, 2012

Algae update: Solazyme et al.

A lot of activities going on with Solazyme that includes its third quarter earnings report yesterday, the launch of its algal-based diesel to the consumer market, expansion of its production capacity in Brazil through the Bunge joint venture, and finally, a partnership with Archer Daniels Midland (ADM) for additional production capacity through ADM's Clinton, Iowa, fermentation plant  -- the same plant where Metabolix previously produce its polyhydroxyalkanoate or PHA bioplastic resins before ADM decided to drop Metabolix in January this year.

Solazyme announced on Tuesday its month-long pilot program with biofuel retailer Propel Fuels where the companies are now selling Solazyme's algae-based diesel (called Soladiesel BD) in California at Propel's retail pumps in Redwood City, San Jose, Berkeley, and Oakland.



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