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Unilever To Buy Algae-Based Oil From Solazyme

Signs commercial supply deal for 10,000MT.

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By: TOM BRANNA

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Solazyme, Inc. a US-based renewable oil and bioproducts company, and Unilever have executed a commercial supply agreement for Solazyme’s Tailored algal oil, which is derived from algae.   The companies have been collaborating for five years on multiple projects with increasing levels of success culminating in this initial supply agreement.  This agreement covers the first of Solazyme and Unilever’s jointly developed tailored oils with an initial supply of at least 10,000 metric tons (MT).   The ...

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