August 6, 2014

Solazyme, AkzoNobel expand surfactant partnership

Algal oils producer, Solazyme, has expanded its algal oil supply agreement with specialty chemicals company, AkzoNobel,  with a new five-year supply of up to 10,000 tons/year of Solazyme's Tailored™ algal oil for surfactant production pending successful joint product development.

The parties expect that the algal oil under the joint development agreement would be able to replace both petroleum and palm oil-derived chemicals.  The target product is designed to have improved functional and environmental performance, as well as a lower overall cost to AkzoNobel.

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