Corbion approved as highest bidder for TerraVia

Following an auction process, TerraVia Holdings and its affiliated debtors have determined that Corbion had submitted the best bid for substantially all of the assets of TerraVia, a food and specialty ingredients company centered on ingredients derived from microalgae. On September 15, 2017… [Read the full story]

TerraVia plans sale to Corbion

TerraVia Holdings, Inc., a pioneer in developing algal-based consumer products, has entered into a “stalking horse” stock and asset purchase agreement with Corbion N.V., a Netherlands-based global leader in food ingredients and biobased technologies, to acquire substantially all of TerraVia’s… [Read the full story]

TerraVia reports Q3 2016 results

TerraVia, the next-generation food, nutrition and specialty ingredients company that evolved out of algae innovator Solazyme, has announced financial results for the third quarter ended September 30, 2016. “Financial results for the third quarter of 2016 reflect progress in the Company’s transition to food, nutrition and specialty…

TerraVia appoints Apu Mody Chairman and CEO

TerraVia Holdings, Inc., the South San Francisco-based next generation food, nutrition and specialty ingredients company formerly known as Solazyme, has announced that Apu Mody, former President of Mars Food America, has been appointed CEO and a member of the Board of… [Read the full story]

TerraVia Reports First Quarter Results

TerraVia™, formerly Solazyme, Inc., has announced results for the first quarter ended March 31, 2016. Results for the quarter reflect the Company’s recently announced focus on the food, nutrition and specialty ingredient categories. Total revenue for the first quarter of 2016 was $10.9 million compared with $12.6 million…

Charlie Ross picked to head TerraVia’s global food sales

TerraVia™ (formerly Solazyme, Inc.) a pioneer in algae innovation focused on food, nutrition and specialty ingredients, has announced that Charlie Ross, former Vice President of DuPont’s Proteins Business Unit, has joined TerraVia as Vice President of Global Sales… [Read the full story]

VMG and TerraVia building algae platform TerraBrands

VMG Partners, a private equity fund focused exclusively on partnering with emerging branded consumer product companies, and TerraVia™ (formerly known as Solazyme), a leader in algae-based food, nutrition and specialty ingredients, have announced the launch of TerraBrands. The new venture combines VMG’s…

TerraVia (Solazyme) and Unilever sign $200 Million deal

In a week of major announcements by the transitioning Solazyme, news that their newly christened TerraVia embodiment has announced a five-year global supply agreement with Unilever. The agreement provides for Unilever to purchase renewable algae oils for use in personal…

Solazyme becomes TerraVia

Solazyme announced on Friday (3/11/16) that it is focusing the Company exclusively on algae-based food, nutrition and specialty ingredients. This evolution leverages over a decade of R&D and product development on an innovative suite of algal technologies… [Read the full story]

Solazyme changing name to TerraVia, focusing on food

In a radical pivot, algal fuel pioneer Solazyme Inc. will be changing its name to TerraVia™ to reflect a new focus on food, nutrition and specialty ingredients. A pioneer in algae technology and innovation, the former Solazyme now has commercial scale food grade manufacturing in operation… [Read the full story]

Napa Valley chef exploring algae oil

Allison Levine’s wine column in the Napa Valley Register is currently featuring former Top Chef contestant, Chef Marisa Churchill, who is introducing algae oil as an ingredient to this uber food conscious community. “People often think that the simplest way to be healthy is to cook with oil instead of butter…

Solazyme wins arbitration with Roquette

Solazyme has announced that on December 21, 2015, the United States District Court for the District of Delaware confirmed in its entirety, and without alteration, the Arbitration Panel Award of February 19, 2015 between the company and it’s former JV partner Roquette Frères… [Read the full story]

Bunge, Solazyme expand JV for healthier foods

Solazyme and Bunge Limited have agreed to expand their joint venture (JV) to include a focus on food. The expansion includes a range of new oils for food and products for animal nutrition. The expanded joint venture will build on Solazyme’s microalgae innovation platform, and on Bunge’s global… [Read the full story]

Algae growing as a protein source

Jessie Rack reports for NPR that demand for plant protein of all types is growing in concert with the growing interest in the U.S. to reduce meat consumption. People, from vegans to flexitarians to Meatless Monday dabblers, are substituting vegetables for meat. “(Product) developers realize we need…

BASF, Solazyme launch algal-derived betaine surfactant

BASF and Solazyme have announced the launch of the first commercial surfactant derived from microalgae oil, a high performance algal betaine for use in home and personal care applications. Commercialized by BASF under the trade name Dehyton® AO 45, algal betaine is a betaine… [Read the full story]

Algae becomes a favorite cosmetic ingredient

Jenny Muslin writes in about how, in the wake of trendy beauty product ingredients like argan oil and coconut oil, algae has joined the fray as a go-to additive that is extremely hydrating, softens and brightens skin, fights inflammation, and has loads of minerals, antioxidants…

Solazyme algal oil for Natura skincare products

Natura Cosméticos S.A. one of Latin America’s largest cosmetics and personal care products company, and Solazyme, Inc. have announced that after successfully completing testing and product validation phases over the past year using Solazyme’s tailored algal oils, Natura is… [Read the full story]

Solazyme reports Q1 2015 results

Solazyme has announced results for the first quarter ended March 31, 2015. “We are executing against our operating plan for 2015 and are pleased with the progress we are seeing across the company and in our manufacturing and commercialization efforts specifically,” said Jonathan Wolfson, CEO of Solazyme…

Flotek and Solazyme team on drilling fluid technologies

Flotek Industries, Inc. and Solazyme have entered into agreements to globally commercialize Flocapso™, an advanced drilling fluid additive. Flotek will also market Solazyme’s Encapso™ lubricant – the first commercially available, biodegradable encapsulated lubricant for drilling fluids… [Read the full story]

Solazyme reports 2014 results

Solazyme has announced that total revenue for the fourth quarter of 2014 was $14.5 million, compared with $11.3 million in the fourth quarter of 2013, an increase of 29%. Fourth quarter GAAP net loss was $44.9 million, compared to a net loss of $33.3 million in the prior year period. On a non-GAAP basis…

A look at the algae-based food landscape 2015 this month gives a well-rounded survey of how algae’s uses in food, beverage, and supplements keep expanding. Here is an excerpt: Thanks to the 2010 Solazyme Roquette Nutritionals joint venture between Roquette (Lestrem, France) and Solazyme Food Ingredients…

FDA signs off on Solazyme’s algae protein

Solazyme has received a “no questions” letter from the Food and Drug Administration on the Generally Recognized As Safe (GRAS) status of its AlgaVia whole algal protein ingredient, the San Francisco-based company said January 15. The vegan-friendly, gluten-free ingredient may be used in such applications…

A.I.M.’s 2014 Year in Review—Part 3

2014 was a year of change, a year of innovation, a year of growth. Here are some of the most encouraging developments. Most anticipated research results: The National Alliance for Advanced Biofuels and Bioproducts (NAABB) final report – it’s big and covers a lot of territory. Most interesting related technology… [Read the full story]

Solazyme tightens up use of cash

Kevin Quon writes in Seeking Alpha about the financial plights and pivots of Solazyme, the algae industry’s most high profile recent IPO. In a year that started with a share price above $11 and ended around $2.70 for the same share, Solazyme now trades with a market capitalization of just over $200 million…

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