Solazyme has entered into a joint venture agreement with Bunge to market its microalgae oils and butter. The companies have also agreed to expand their co-funded research programs to include products in nutrition and specialty fats. Bunge’s global food oil sales and applications team will market AlgaWise ultra omega-9 fatty acid algae oil, AlgaWise high […]

Glanbia Nutritionals has announced that it will distribute Solazyme’s AlgaVia whole algal protein to the U.S. Dietary supplements market. This new addition makes the company’s position as a pioneer of innovative functional products. AlgaVia whole algal protein uses fermentation technology to produce a nutritious and minimally processed ingredient. As a whole food ingredient, AlgaVia whole […]

Solazyme Inc. has received a favourable response from FDA for its notification that high oleic algae oil is Generally Regarded as Safe (GRAS) as an ingredient in food products under certain conditions. This will enable the company to create new products that meet the consumer demand for healthy, sustainable ingredients. Solazyme’s portfolio of high oleic […]

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 […]

  US Patent #8,747,834 describes the use of algal biomass as a treatment for impaired glucose metabolism. Algal biomass reduces blood sugar levels and body fat, and also increases healthy bacteria in the gut. Solazyme’s natural strain is referred to this patent, and is expected to be used for company’s brand ‘AlgaVia’, which markets whole […]

AkzoNobel,  a Dutch multinational company excelling in the fabrication of specialty chemicals and decorative paints teams up with Solazyme for a fresh venture. The agreement includes a multi- year supply targeting annual supply of upto 10,000 MT of renewable tailored Algal oil by Solazyme. The joint venture is expected to replace the petroleum and palm- oils with […]

Solazyme Inc. recently released financial results for the second quarter of 2012, reporting progress in the development of its commercial production facilities. The company reported total revenue for the quarter of $11.2 million, down from $13.5 million reported for the same period of last year. According to Solazyme, the $11.2 million in revenue reported for […]

The Super Formula to Fight Aging – Its Name is Astaxanthin -Know more Solazyme (SZYM) is testing one another new product from algae, to survive in the algae biofuel industry. The big product that Solazyme is testing and has had approved by food regulators is so-called whole algal flour. This is the residue of crushed algae that […]

Another feather in Solazyme’s cap! The company’s microbially derived renewable diesel fuel SoladieselRD, has been granted registration by the US-EPA. This registration enables SoladieselRD to be sold commercially either in blended and unblended (R100) forms. Let the Good Fat from Omega-3 Neutralize Your Bad Fat-Know more Solazyme claims that SoladieselRD is the first 100% microbially derived […]

The Navy’s “Great Green Fleet” has decided to continue the use of algae-based biofuels blend in its warships. The fleet of warships fueled by alternative fuels is expected to be deployed by 2016. In another ten years, the Navy will dramatically reduce the use of fossil fuels in its vehicles. For this the Navy will […]

In a recent press release, algae giant Solazyme has announced that the company has entered into  into a contingent offtake agreement with Dow Chemicals in which Dow has agreed to purchase from Solazyme all of its requirements of non-vegetable microbe-based oils for use in dielectric fluid applications through 2015. Press Release: South San Francisco, Calif. – May 2, […]

Non-fuel applications of algae are gaining considerable attraction now-a-days, as most of them are high market value products. One such area is cosmetics. Lipid containing algae are an excellent choice for the production of cosmetics, since they can be used to produce oils and biomass economically for use in the cosmetic industry. In a recent […]

Now, Solazyme has become the world’s first billion-dollar algae fuel maker with a whooping 15% increase in its issue price on its stock market debut. The company is also under development agreement with Quantas to pursue a potential algae-based jet fuel. It is noteworthy to mention that though the algae based fuel developing technologies are […]

Solazyme, Inc. announced the estimated share price for its IPO in the Nasdaq Global Market, raising its offering to $183.5 million, almost double the figure filed in March. The company tries to sell about 10 million shares @ $15 to $17 a share. If Solazyme succeeds in this, it would give the company a market […]

Algae-based oils company Solazyme has signed a letter of intent with Dow Chemical to provide variants of its algal oils for use in high-temperature transformer equipment. The two companies signed a letter of intent and a joint development agreement to develop the startup’s algal oils for use in dielectric insulating fluids. For more see http://www.businessgreen.com/bg/news/2032916/algae-biofuel-pioneer-solazyme-inks-major-dow-deal

Solazyme has hired four banks to underwrite its upcoming $100 million Initial Public Offering (IPO). The company launched in in 2003  has raised over $128 million in VC funding Morgan Stanley, Pacific Crest Securities, Goldman Sachs and Lazard Capital Markets will be underwriting the upcoming $100 million IPO of Solazyme, the developer of algae-based biofuels. […]

Solazyme – the south Francisco based company which follows an altogether different approach (dark fermentation- Earlier post) to make algae products have announced that  Unilever has joined its Series D Round of funding along with other strategic investors plus venture firms VantagePoint Venture Partners, Braemer Energy Ventures and Lightspeed Venture Partners. What will Unilever and […]

Solazyme, the San Francisco- based company claimed that they provided about 1500 gallons of algae-based jet fuel , infact 100 percent algae-based fuel to the U.S. Navy. So, I was actually wondering what is so special about it that the” U.S. Navy” is after it. Solazyme as you might be aware grows algae in the […]

You are at: Oilgae Blog. Solazyme’s researchers are genetically modifying algae to consume common feedstocks, like switchgrass, sawdust, or even glycerol waste from chemical plants; then fermenting it to get it to grow as fast as possible. If the algae consume more feedstock than they can use, they produce oil as a way to store […]