“Solazyme have pioneered an industrial biotechnology platform that harnesses the prolific oil-producing ability of microalgae. They use standard industrial fermentation equipment to efficiently scale and accelerate the microalgae’s natural oil production time to just a few days.
Their platform is feedstock flexible and can utilise a wide variety of plant-based sugars, such as sugarcane-based sucrose, corn-based dextrose, and sugar from other biomass sources including cellulosics. By growing their proprietary microalgae in the absence of light using fermentation tanks to convert photosynthetic plant sugars into oil, they are in effect utilising indirect photosynthesis.”
Their goal is to be the global market leader in the design and production of renewable oils and bioproducts. Their oils serve as a replacement, enhancement or supplement to oils used today whether petroleum, plant, or animal-based. The principle elements of their strategy are:
They want to continue their customer-driven approach to technology and product development. They’ve focused their innovation efforts to create tailored oils that meet defined market needs as described by our existing and potential customers.
They prioritised product launches that are most attractive economically and done the same with their market entry using criteria such as the highest average selling prices (ASPs) and gross margins, lowest capital requirements and shortest time to market.
What, How and Who?
Execute on their diversified feedstock strategy and their ability to leverage a wide variety of feedstocks enables them to deploy a diversified feedstock strategy for the four markets they target. By working with them, partners can improve the return they realise on their feedstock and diversify their business beyond their current product portfolio, enabling higher margins and reduced financial volatility.”