Solazyme, Inc. announced today that commercial operations have commenced at both Archer
Daniels Midland Company (ADM)’s Clinton, Iowa facility, and the
downstream companion facility operated by American Natural Products in
Galva, Iowa (ANP). Highlighting the flexibility of Solazyme’s technology
platform, Solazyme, ADM and ANP have successfully manufactured three
distinct and unique Tailored oil products at the
facilities, and products are currently being sold and distributed in
both the U.S. and Brazil. Volumes shipped to Brazil are being utilized
for market development activity in advance of the opening of the
Solazyme Bunge Renewable Oils Moema facility. As stated previously,
production at the ADM and ANP facilities is expected to ramp to a
nameplate capacity of 20,000 MT/yr within 12-18 months, with targeted
potential expansion to 100,000 MT/yr in subsequent years.
“This is a critical milestone for Solazyme’s large scale commercial
manufacturing capabilities. The Solazyme, ADM and ANP teams have done an
excellent job bringing up commercial operations at the Iowa facilities
with Solazyme’s Tailored oil production technology. We have
already successfully produced three Tailored oil products
at scale and have begun selling these products into the North American
marketplace,” said Jonathan Wolfson, CEO Solazyme. “Consistent with our
stated plans, we are focused initially on ensuring consistent and
reliable operations as we build customer trust. While we acknowledge
that it is still early days, we look forward to the opportunity to
expand our production volume and the slate of oil products available.”
Truckloads of product are now shipping from the Iowa operations for use
in applications including lubricants, metalworking and home and personal
care. These shipments are being made pursuant to multiple supply
agreements as well as spot purchases, and include reorders.
In the high-performance lubricants and metalworking fluids industries,
Solazyme’s Renewable Tailored algal oils help to provide
outstanding performance and a sustainable solution with better
lubrication, surface tension and viscosity index, plus enhanced
stability at elevated temperature, pressure and speed. In home and
personal care, Solazyme’s Tailored algal oils offer better performance
and a more sustainable alternative to existing oils.
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