Product Launches and New Agreements - Report on Solazyme, Inc.

Aug 06, 2015, 09:30 ET from www.aciassociation.com

NEW YORK, August 6, 2015 /PRNewswire/ --

ACI Association has initiated research coverage on Solazyme, Inc. (NASDAQ: SZYM). Select highlights from the internally released reports are being made available to the general public (included below), with access to the entirety of the research available to new members.

Today, membership is open to readers on a complementary basis at the following URL: http://www.aciassociation.com/?c=SZYM

Highlights from our SZYM Report include:

  • First Commercial Microalgae-Derived Betaine Surfactant Hits Market - In a press release dated July 28, 2015, Solazyme, Inc., reported that along with its partner BASF, it has launched the first commercial surfactant derived from microalgae oil, a high performance algal betaine for use in home and personal care applications. Algal betaine, a betaine surfactant made from renewable microalgae oil, is commercialized by BASF under the trade name Dehyton® AO 45.
  • A Substitute to Amidopropyl Betaine - The Company stated that Dehyton® AO 45 is a superior alternative to amidopropyl betaine in products such as shampoos, liquid soaps, hand dishwashing liquids, and other applications which require rich and gentle foam. As per the release, amidopropyl betaines are amphoteric surfactants increasingly used in cosmetic, toiletry and home care applications due to their vast benefits. Amidopropyl betaines demonstrate good detergency, good foam properties and foam stabilization, hard water compatibility, mildness to skin and hair, ability to reduce irritation of anionic systems, viscosity building, conditioning effect, stability at a broad range of pH, and excellent biodegradability.
  • Advanced Production Process - Dehyton® AO 45 is produced with Solazyme AlgaPūr™ Microalgae Oils, which are produced within few days, utilizing Solazyme's technological expertise. Additionally, AlgaPūr oils are produced using a highly controlled fermentation process, converting sugarcane into oils with high purity and efficiency and low carbon, water and land use impact.
  • Management Commentary - Highlighting the growing demand for surfactants, Josef Koester, Director Marketing Home and Personal Care, Sustainability Care Chemicals, BASF North America, stated that there has been a significant increase in consumer demand for sustainable and innovative surfactants, predominantly in the home and personal care markets. He further added that coupling BASF's chemistry expertise with Solazyme's unique range of renewable microalgae oils will result in products that meet this demand.
  • Renewable Fuel Agreement with UPS - In another press release dated July 29, 2015, Solazyme reported that the Company, along with Neste, Renewable Energy Group, entered into agreements with UPS to supply renewable diesel to enable UPS's shift to move more than 12% of its purchased ground fuel from conventional diesel and gasoline fuel to alternative fuels by the end of 2017. As per the release, the agreements include 46 million gallons of renewable fuels over the next three years.

To find out how this influences our rating on Solazyme, Inc., read the full report in its entirety here: http://www.aciassociation.com/?c=SZYM

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