14 Oct '12, 3pm

Solazyme's Detours on the Way to Algae Biofuel: Filed under: Energy News

Investors who took the time to read my last two posts on algae-based biofuel – “Algae Takes Flight” and “Emission Standards Driving Aviation Fuel Sourcing” - might have wondered why there was no mention of Solazyme, Inc. (SZYM : Nasdaq). California-based Solazyme has been pursuing algae-based oils for transportation since 2004, and managed to record its first product sales in 2011. However, that revenue was not from biofuel. On the long road to finding a scalable and efficient way to get renewable fuel from algae, Solazyme scientists found an interesting extract from the microalgae that settled in the filters of Solazyme’s culture tanks. The extract appeared to increase cell regeneration and protect skin from ultra-violet rays. Solazyme dubbed it “alguronic acid” and turned it into a line of anti-aging skincare products under the brand name Algenist . They started distribu...

Full article: http://www.altenergystocks.com/archives/2012/10/solazymes...

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