September 16, 2010

Solazyme Completes World’s Largest Microbial Advanced Biofuel Delivery to U.S. Military

Solazyme, Inc., a renewable oil production company and the leader in algal biotechnology, announced today that it has completed delivery of over 20,000 gallons of algal-derived shipboard fuel to the U.S. Navy, constituting the world’s largest delivery of 100% microbial-derived, non-alcohol, advanced biofuel. This delivery was in satisfaction of a contract announced in 2009 and included refining partner Honeywell’s UOP and their proprietary UOP/Eni EcofiningTM process technology. Solazyme also announced the signing of a new contract with the U.S. Department of Defense (DoD) for a research and development project that will produce 150,000 additional gallons in 2010-2011, which is 7.5 times larger than the previous order. The successful delivery followed by the much larger contract furthers Solazyme’s push to commercial production.

This is Solazyme’s third advanced biofuels contract with the DoD in the past year. The new agreement calls for additional research and development using Solazyme’s innovative renewable oil production technology platform and culminates with the delivery of up to 150,000 gallons of in-specification 100% algal-derived Soladiesel®HRF-76 fuel for the U.S. Navy’s testing and certification program. F-76, of which HRF-76 is the renewable version, is the primary shipboard fuel used by the Navy. Solazyme has contracted with the Defense Contract Support Office Philadelphia on behalf of Defense Logistics Agency Energy at the Headquarters of the Defense Logistics Agency, Fort Belvoir, VA.

Last September, Solazyme announced two DoD contracts to research, develop, and demonstrate commercial-scale production of algal-derived advanced biofuels to meet the U.S. Navy’s rigorous specifications for military tactical platforms for both ships and jets. The first contract called for the production of 20,000 gallons of Soladiesel®HRF-76, which was fulfilled with this fuel delivery, and the second called for 1,500 gallons of the world’s first 100% algae-derived jet fuel for testing and certification by the U.S. Navy. The delivery of 1,500 gallons of Solajet®HRJ-5 was completed earlier this summer during the Farnborough International Air Show with Honeywell’s UOP again serving as the refining partner with their Green Jet Fuel process technology.

Source : Press Release

No comments:

Post a Comment