Biocatalysis
Information and Commentary About Biofuels and Biotechnology
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Solazyme Shifts Near-Term Focus to Food Ingredients
Filed under Biofuels companies, algaeDec 28Solazyme, which until now has positioned itself as a producer of biofuels from algae, has just announced a shift in focus to produce food oils. The company believes it can have products on the market in 2010. According to chief technology officer Harrison Dillon, the decision to diversify into food products came about by almost by accident when scientists at the company discovered their algae could excrete oils that were similar to olive oil. Olive oil has a market price about 25 times higher than fuel; I’ll bet that also played a role in the decision.
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