Monday, April 4, 2011

Solazyme Files for $100M IPO

Solazyme is developing algae biofuels. Compared to traditional biofuels, which compete with food crops, algae can utilize marginal land and has a very high theoretical yield per acre. Solazyme has partnerships with Dow Chemical and Chevron. Last year, they delivered 150,000 gallons of jet fuel to the US Navy.

More from sustainablebusiness.com

0 comments:

Post a Comment