Mar 1 2011
Amyris, Inc. (NASDAQ:AMRS) announced today that it has received the first purchase order for Amyris renewable squalane.
This order was generated through collaboration with Amyris’s partner, Soliance, a leading green ingredient provider to the cosmetic industry based in France.
“Successful industrial production of our first renewable product to our first customer is a point of celebration for Amyris, validating the success of our platform and the value of our products,” said John Melo, CEO of Amyris. “We continue to scale our production while providing the reliable quality and delivery that our customers expect.”
“We believe we have a novel value proposition in the market,” said Frederique LaFosse, general manager of Soliance. “The combination of a reliable, high purity, renewable squalane can provide confidence to formulators the world over to use more of this best-in-class emollient.”
Squalane is a high-end moisturizing ingredient used in a wide range of cosmetics today, currently sourced from refined olive oil or shark liver oil. Amyris squalane is renewable, of high purity and excellent stability. It has been successfully tested by Soliance and potential customers. Amyris and Soliance believe squalane may be used for expanded consumer applications which today rely on non-sustainable materials. Amyris renewable squalane was produced by manufacturing Amyris’s Biofene™, Amyris renewable farnesene, and then converting it to squalane.
Source: http://www.amyris.com/