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Corbion acquires TerraVia for $20m

Corbion, which specializes in lactic acid and derivatives, recently announced the acquisition of substantially all assets of TerraVia Holdings (formerly Solazyme), which will result in an expansion of its product platform to include microalgae-based food and specialty ingredients. Corbion has paid a cash purchase price of around $20m but it expects the total investments to … Continue reading »