Solazyme (SZYM) +4% premarket after joining with Mitsui in a $20M multi-year agreement to...

|By:, SA News Editor

Solazyme (SZYM) +4% premarket after joining with Mitsui in a $20M multi-year agreement to develop a suite of triglyceride oils for use primarily in the oleochemical industry. The agreement includes further development of SZYM's high myristic algal oil and additional oils SZYM is developing for the oleochemical and industrial sectors.