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Unilever Invests in More Algae Oils for Personal Care

Signs new accord with existing supply partner Solazyme.

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By: Christine Esposito

Editor-in-Chief

Algae firm Solazyme, Inc., now known as TerraVia, has signed a definitive multi-year global supply agreement with Unilever. The five-year accord provides for Unilever to purchase renewable algae oils for use in personal care products and reflects the culmination of more than seven years of collaboration between Solazyme and Unilever.   This new agreement builds upon Solazyme's initial supply relationship with Unilever for renewable algae oils, which Unilever began incorporating into its p...

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