Solazyme to Expand Renewable-Oil Production With Bunge, ADM
This article is for subscribers only.
Solazyme Inc., which makes oil products from sugar-consuming algae, will expand production capacity through partnerships with Bunge Ltd. and Archer-Daniels-Midland Co.
The company plans to open a plant in 2014 at an ADM facility in Iowa. It will also triple the planned output from an existing venture with Bunge, according to a statement today from South San Francisco, California-based Solazyme.