algae oil
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Corbion acquires TerraVia for $20m
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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…
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DSM, Evonik form Veramaris algae-based omega-3 fatty acids JV
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Royal DSM has long been in the microalgae oil business after it acquired Martek Biosciences in 2010 for a whopping $1 billion (see my old article on this link). The company has been pretty quiet when it comes to announcements within this business but I guess this is about to change (watch out Terravia!). DSM…
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Lipids-based chemicals news
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Happy April 1 blog readers! I have finished and published Tecnon OrbiChem’s March edition of the Bio-Materials newsletter yesterday, celebrated my birthday on Wednesday, did my social media duties at the AFPM last week and all the while battling a bad cough for more than a week now. Not bad for a newly-minted 40 year…
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Solazyme partners with BASF in algae-derived surfactant
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Solazyme has been churning a lot of news in the past month but let’s start with this intriguing partnership with BASF. The companies have launched a microalgae oil-based betaine surfactant for use in home and personal care applications. I am not that familiar with betaines (a kind of amphoteric surfactant) but I’m assuming these are…
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LanzaTech, IOC-DBT to produce omega-3 fatty acids
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LanzaTech together with a research team from the IOC-DBT Center for Advanced Bio-Energy Research (an entity co-funded by India’s Department of Biotechnology and Indian Oil Corporation Limited) have developed a process that recycles CO2 emissions into omega-3 rich fatty acids. Essential nutrients, omega-3 oils, cannot be synthesized by the human body, and instead must be…