Solazyme’s New Plan for European Algae Oil Plant
Solazyme, the leading Biotech company, has plans to expand its portfolio of algae-based oils in Europe. The company, which is originally based in US, has already opened its production facilities in Brazil and Iowa.
Solazyme was closest to an investment decision with proposals for a plant in Europe, and is likely to announce a new project in 2015.
The company is currently focussing on entering into the food market by launching its own algae-based cooking oil, which would be the healthier and the greenest cooking oil in the world.
