Jim Passageway
Day FOUNDED: 2003
Annual REVENUES:
38 billion (DuPont celebrated for 2011)
1.2 billon (Ad Biosciences sect for 2011)
Paint the town red DESCRIPTION:
Solazyme, Inc. is a renewable oil and bioproducts partnership that transforms a drape of low-priced plant-based sugars all the rage high-value oils. Headquartered in South San Francisco, Solazyme^as renewable products can supplant or perk up oils lesser from the world^as three existing sources ^a" petroleum, animals and hog fats. Original, Solazyme is listening carefully on commercializing its products all the rage three object markets: (1) fuels and chemicals, (2) nutrition and (3) silver screen and peculiar discord.
STOCK: NASD: SZYM
Generate OF Technology(IES):
Solazyme has mechanized a proprietary biotechnology playhouse that creates made to order oils to gossip products across the fuels and chemicals, food, and charm and peculiar discord markets. Solazyme^as innovative state to ^atailor oils^a refers to their special to bring up oil with personal desired demonstration lengths, shrewdness and helpful branching, release benefits and functionality beyond colonize characteristically vacant with adjust oils.
FEEDSTOCKS:
Solazyme^as unusual playhouse is feedstock soft. The partnership is able to exploit a huge separate of plant sugars^a"and sugarcane-based sucrose, corn-based dextrose, and other biomass sources such as cellulosics ^a"to bring up their oils.
Construct (e.g. ethanol, biobutanol, biodiesel, renewable diesel, renewable jet fuel, power, sea green acids, bioplastics etc)
^a"^A ^A ^A ^A ^A ^A ^A ^A Solajet^ac: 100% algal-derived renewable jet fuel
^a"^A ^A ^A ^A ^A ^A Solazyme^as 100% algal-derived hydrotreated renewable jet fuel (HRJ-5) meets military terms
^a"^A ^A ^A ^A ^A ^A ^A ^A SoladieselRD^A(R) : 100% algal- lesser renewable diesel
^a"^A ^A ^A ^A ^A ^A Solazyme^as 100% algal-derived hydrotreated renewable diesel^A (HRF-76) meets military terms
^a"^A ^A ^A ^A ^A ^A ^A ^A Algenist^ac, a line of ultramodern anti-aging skincare products formulated with alguronic snappish, sold at 850 Sephora locations in this area the US and Europe and all 26 Canadian Sephora food. Algenist has been sold on Canada^as particular national televised shopping public body, The Shopping Sett, in addition to QVC in the US, one of the largest multimedia retailers in the world. Algenist is correspondingly vacant in this area the Collective Maintain in all 60 business locations of the innovative charm instrument, Song NK.
^a"^A ^A ^A ^A ^A ^A ^A ^A Plain-spoken Solazyme Roquette Nutritionals, our huge playhouse offers an outright new domestic of natural, sustainable, and multifunctional ingredients based on microalgae that offerings regulars ensue develop lives. Our portfolio includes a separate of flawless goods ingredients that make halt tasting foods with a self-same imposing qualification cord compared to ingredients in the puff currently.
Effect Character
-^A ^A ^A ^A ^A ^A ^A ^A Solazyme^as margin microalgae strains producing oil for the fuels and chemicals markets manage achieved key reading metrics that they deduce would hand down them to manufacture oils currently at a proposed law underneath 1,000 per metric ton (3.44 per gallon or 0.91 per liter) if bent in a built-for-purpose commercial plant.
OFFTAKE Followers
Solazyme has entered all the rage non-binding offtake agreements with Dow Chemical and Qantas. Dow Chemical heart succession up to 20 million gallons (76 million liters) of Solazyme^as oils in 2013, rising to up to 60 million gallons (227 million liters) by 2015. Qantas heart succession a least of 200 to 400 million liters of Solazyme^as jet fuel per day.
In imitation of MILESTONES
-^A ^A ^A ^A ^A ^A ^A ^A Fashioned top-quality 283,000 liters of military-spec diesel (HRF-76) for U.S. Unhappy lease. Advance solidifying its membership with the U.S. Unhappy, Solazyme has completed production of top-quality 283,000 liters of in-spec sailing diesel fuel, HRF-76, for the U.S. Unhappy, in acquiescence of the first round of its Authentication Logistic Rank (DLA) lease that calls for production of up to 550,000 liters in two phases. The before time fuel production for round 1 of this lease was completed advance of moment and is at once inborn to be delivered advance of the lease rescue risk. And, the U.S. Unhappy has indicated its indication to regulate its round 2 will and has transferred crutch to the DLA, which is set detour individually for the round 2 reword, which is at once qualities negotiated. The round 2 fuel would be bent downcast the first partly of 2012. As well, Solazyme^as algal-derived sailing diesel has been in actual fact weathered in a Collective States Unhappy Riverine Sequence Art, and Solazyme^as jet fuel has been in actual fact weathered in a MS 60S Seahawk helicopter display.
-^A ^A ^A ^A ^A ^A ^A ^A Signed carcass agreement with Bunge Limited for commercial renewable oil plant in Brazil. Every one companies manage entered all the rage a carcass agreement for the formation of a sign up small business listening carefully on the production of triglyceride oils in Brazil. The JV heart coach on the production of triglyceride oils from sugar gum, and heart result in the world of the first commercial size fervent to made to order oils. The plant, which heart complete the production of 30 million gallons of triglyceride oils per day, heart drop in on ground in 2012 and surface operations in 2013. The size heart be to be found go into liquidation to a Bunge owned sugar gum crush in Brazil, and heart hold all Solazyme^as devise sugar-to-oil technology and Bunge^as sugarcane milling and natural oil government capabilities.
-^A ^A ^A ^A ^A ^A ^A ^A Connected with Dow Chemical for pressure group of Solazyme^as micro algae-derived oils for use in bio-based dialectic insulating fluids. Solazyme and Dow Chemical announced a non-binding agreement for the show of all a sign up pressure group agreement and a letter of indication to esteem the pressure group of Solazyme^as algal oils for use in bio-based dialectic insulating fluids. Under the LOI, Dow Chemical heart succession up to 20 million gallons (76 million liters) of Solazyme^as oils in 2013, with the found rising to up to 60 million gallons (227 million liters) by 2015.
-^A ^A ^A ^A ^A ^A ^A ^A Capture of Peoria, IL size and father of the build-out of Peoria size and DOE approval of change of IBR. Solazyme heart relocate the vista of its built-in biorefinery to its Peoria size. Solazyme began the build-out of this immediately acquired size, adding fermentation valor and performing upgrades after shut up shop of the procure in May 2011. The fermentation quota of this size is inborn to be full of life in the twinkle partly of 2011, with laterally hard work inborn in the first partly of 2012. Acquiring more valor and shifting from excise hard work to inner production represents an upper sight.
End MILESTONES
-^A ^A ^A ^A ^A ^A ^A ^A In 2012, Solazyme expects to drop in on ground on their first Fuels and Chemicals facility; the size is slated to emit online in 2013
-^A ^A ^A ^A ^A ^A ^A ^A In 2012, Solazyme procedure to encourage their owned valor to in the vicinity of 8.000 metric many downcast the secure of a Peoria size as fountain as the shut up shop of their Episode I and II Solazyme Roquette Nutritionals services
-^A ^A ^A ^A ^A ^A ^A ^A By the end of 2014, Solazyme expects to be imminent its close of having 550,000 metric many of production valor by 2015, which would outlook top-quality 1 billion in product revisit
Institution MODEL: (e.g. owner-operator, technology licensor, fee-based endeavor giver, voyager)
-^A ^A ^A ^A ^A ^A ^A ^A Council house bust ^a" Solazyme looks for major cronies in sum markets to scuffle brazen pressure group and commercialization.^A In addition to crutch pressure group agency and performing demand severe, Solazyme^as expects that their cronies heart record all the rage abiding succession agreements (offtakes) with them. They are at once diligent in pressure group events with merged cronies, and Chevron, Dow, Ecopetrol, Qantas and Unilever, any of which may perhaps show princely designate offtake opportunities. They anticipate designate partnerships to meet the expense of catch on to spreading, merchandising, sales and publicity, consumer membership manage and product pressure group vision and resources. In conjunction with these pressure group events, Solazyme has entered all the rage non-binding letters of indication with Dow and Qantas for the succession of our products (offtakes). Difficulty to certain provisos, and porch all the rage a share out agreement, Dow heart succession up to 20 million gallons (76 million liters) of our oils in 2013 rising to up to 60 million gallons (227 million liters) by 2015 and Qantas heart succession a least of 200 to 400 million liters of our jet fuel per day.
-^A ^A ^A ^A ^A ^A ^A ^A Sell like hot cakes entry- Solazyme has mechanized a sequential puff porch campaign as their technology is not wasteful of producing oils for merged markets. Solazyme^as concrete campaign has been to record all the rage hum work puff as they boardwalk up production valor. The smoothness of their technology playhouse, related with the innumerable uses of oil gives them a 1.5 trillion dough addressable puff. Original, they are listening carefully on three large markets: Covering and Secret Caginess, Nutritionals, and Fuels and Chemicals. They manage targeted commercialization in the senior breathing space Covering Caginess and Nutritionals segments, to the same extent strongly ramping their planned hard work in Fuels and Chemicals.
Ruthless Wall(S):
Feedstock and object puff smoothness. Solazyme^as technology playhouse provides them with the smoothness to select from linking merged feedstocks on the important branch off and merged personal products (and markets) on the output branch off, to the same extent stopping at the enormously agreed commercial fermentation load. A hard work size utilizing a restricted plant-based sugar feedstock can bring up oils with plentiful different oil compositions. Nevertheless, Solazyme can bring up the enormously oil compositions by government a huge separate of plant-based sugar feedstock. This smoothness enables Solazyme to select the optimal feedstocks for any packed countryside, to the same extent correspondingly enabling us to bring up a huge separate of oils from the enormously hard work size.
Low production proposed law enables wide-ranging puff catch on. The production proposed law cord Solazyme has sooner than achieved provides princely margins later than utilizing associate and lease hard work for the nutrition, and silver screen and peculiar discord markets in which they are at once firm their products. Based on the technology milestones Solazyme^as manage demonstrated, they deduce that they can usefully record the fuels and chemicals markets later than they commence production in larger-scale, built-for-purpose commercial hard work services utilizing sugarcane feedstock.
Made to order oils. Solazyme has formed a touchstone that enables the partnership to mean and bring up perplexing made to order oils that cannot be achieved downcast blending of existing oils singly. These made to order oils interject supervisor work as compared to congeal oils. Their oils are drop-in replacements such that they are in agreement with existing production, sanitization, ability and spreading radio in all of their object markets.
Technology famous at scale. Solazyme believes that they manage bent arrogant non-ethanol, microbial-based fuels and oils than any other partnership in the ultramodern biofuels endeavor. From January 2010 downcast February 2011, Solazyme bent fountain top-quality 500,000 liters (455 metric many) of oil. To meet the severe and assure requirements of the US Unhappy, Solazyme united with Honeywell UOP to improve a quota of this oil all the rage top-quality 200,000 liters (182 metric many) of military circumstance sailing diesel and jet fuel.
Advance solidifying its membership with the U.S. Unhappy, Solazyme has completed production of top-quality 283,000 liters of in-spec sailing diesel fuel, HRF-76, for the U.S. Unhappy, in acquiescence of the first round of its Authentication Logistic Rank (DLA) lease that calls for production of up to 550,000 liters in two phases. The before time fuel production for round 1 of this lease was completed advance of moment and is at once inborn to be delivered advance of the lease rescue risk. And, the U.S. Unhappy has indicated its indication to regulate its round 2 will and has transferred crutch to the DLA, which is set detour individually for the round 2 reword, which is at once qualities negotiated. The round 2 fuel would be bent downcast the first partly of 2012.
Commercial products currently. In 2010, we launched our first product, the Fair-haired Chlorella^A(R) line of relating to diet supplements, as a puff pressure group awareness, with products incorporating Fair-haired Chlorella^A(R) at once qualities sold at retailers and Organic Foods and GNC. In Trek 2011, we launched our Algenist^ac genre for the no difficulty silver screen discord puff downcast publicity and spreading arrangements with Sephora International, Sephora USA and QVC. Apportionment of our Algenist^ac line of silver screen discord products is inborn to tone with arrogant than 850 business food worldwide by day end, and all 26 Canadian Sephora food. Algenist has been sold on Canada^as particular national televised shopping public body, The Shopping Sett, in addition to QVC in the US, one of the largest multimedia retailers in the world. Algenist is correspondingly vacant in this area the Collective Maintain in all 60 business locations of the innovative charm instrument, Song NK.
Research, OR Developed PARTNERSHIPS OR ALLIANCES.
Solazyme is routine with a drape of companies and government organizations, and Chevron, the Split of Push, Split of Authentication, Dow Chemical, Bunge, Ecopetrol, Roquette, Sephora, Qantas, Unilever, and the U.S. Unhappy.
Notably, Solazyme has launched a JV agreement with Roquette (SRN), signed JDA extensions with Chevron, Unilever and Bunge, and entered all the rage offtake agreements with Dow Chemical and Qantas. Solazyme correspondingly immediately announced a JV agreement with Bunge listening carefully on production of triglyceride oils in Brazil. And, the U.S. Split of Authentication (DoD) selected Solazyme to research, come into bud and show commercial scale production of algae-derived biofuel, meeting the U.S. Navy^as terms for military tactical platforms. To risk, Solazyme has delivered the largest quantities of non-ethanol, microbial-based fuels and oils in what went before to the US Unhappy.
As a result of their R&D, Solazyme has go away the particular partnership that has bent and delivered large quantities of microbial lesser non-ethanol ultramodern biofuels that witness endeavor terms as fountain as stubborn military fuel terms.
Flatten (Chart, start, display, commercial):
Commercial
Disclosure: None.
Jim Passageway is editor and publisher^A of^A Biofuels Digest^A where^A this verify was head published. Biofuels Digest is the top figure distant read^A Biofuels thesis construe by 14,000+ organizations. Subscribe in the sphere of.
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