ADVERTISEMENT
2 /3 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Solazyme, Roquette End Joint Venture

by Michael McCoy
July 1, 2013 | APPEARED IN VOLUME 91, ISSUE 26

The algae-based oils company Solazyme has ended a food ingredients joint venture with the French agribusiness giant Roquette over what the partners say were divergent views on a commercial strategy and timeline for developing microalgal ingredients. In a conference call with stock analysts, Solazyme CEO Jonathan S. Wolfson said the dissolution of the venture will allow his firm to accelerate its commercialization timeline. Since forming the venture, Solazyme has acquired a fermentation facility in Peoria, Ill., and formed manufacturing partnerships with Bunge and Archer Daniels Midland. Roquette says it is positioned to independently develop microalgae-based food ingredients.

X

Article:

This article has been sent to the following recipient:

Leave A Comment

*Required to comment