December 5, 2014

Turnaround for Amyris

Despite the current water shortage (due to drought) and electricity problems in Brazil, Amyris seems to be doing well according to the company's third quarter earnings report. Amyris said its Brotas biorefinery plant in Brazil has been running for 3 months without any unscheduled interruptions. The company expects to continue operations until the sugarcane season comes to a close in the coming weeks in southeastern Brazil. By then, the company will reportedly perform planned maintenance before resuming production in early 2015.

In the third quarter, Amyris said it has completed production of its second molecule, a fragrance oil, and has then transitioned back to its farnesene production using a new strain. Based on this new strain, the company expects to produce farnesene at cash costs below $3/liter. 

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