Issue Date: August 19, 2013
Biobased Firms Ramp Up
A handful of publicly traded biobased fuel and chemical firms used second-quarter earnings reports to assure investors that they are on track. Although the firms operated at significant losses, all reported revenues from product sales. None, however, have succeeded in operating at commercial scale, defined as thousands of tons.
Solazyme, which makes its biobased chemicals from algae, sells tailored oils for the personal care market from its pilot plant in Peoria, Ill. The . . .
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