News International Sugar Journal

Solazyme and Bunge team-up to produce biobased triglyceride oils in Brazil [Registered]

Solazyme and Bunge are teaming up to produce triglyceride oils in Brazil. The joint venture deal announced on 8th August involves building a 100,000 tonnes renewable oil production facility located at a Bunge owned sugar cane mill in Brazil. Engineering for the plant will begin immediately and will be funded by both parties. Upon successful completion of site-specific engineering designs and execution of final joint venture agreements, construction on the facility will commence, with a targeted start-up during the 2013 cane harvest. The plant, which will leverage Solazyme’s algae-based sugar-to-oil technology and Bunge’s sugarcane milling and natural oil processing capabilities,…

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