Solazyme says commercial production of renewable algal oils at Iowa plants

|By:, SA News Editor

Solazyme (SZYM) says commercial operations have begun at both ADM's Clinton, Iowa facility, and the downstream companion facility operated by American Natural Products in Galva, Iowa.

Production at the ADM and ANP facilities is expected to ramp to a nameplate capacity of 20K metric tons/year within 12-18 months, with targeted potential expansion to 100K metric tons/year in subsequent years.