TerraVia (SZYM) Tops Q4 EPS by 11c; Enters Global Supply Agreement with Unilever
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TerraVia (Solazyme) Reports Fourth Quarter and Full Year 2015 Results
March 14, 2016 4:06 PM EDTNew 5-year Supply Agreement with Unilever Aligns with Companys Transition to Food, Nutrition and Specialty Ingredients
SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)-- Solazyme, Inc. (NASDAQ: SZYM), now known as TerraVia, a pioneer in algae innovation and a food, nutrition and specialty ingredients company, announced today results for the fourth quarter and full year ended December 31, 2015.
As announced last week, we are moving forward with a refined focus on our food, nutrition and specialty ingredients portfolio, and we are actively transitioning to the TerraVia banner, said Jonathan Wolfson, CEO of... More
TerraVia (Solazyme) and Unilever Sign Multi-Year Supply Agreement for $200 Million + of Sustainable High Performance Algae Oils
March 14, 2016 4:05 PM EDTSOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)-- Solazyme, Inc. (Nasdaq: SZYM), now known as TerraVia, a pioneer in algae innovation and a food, nutrition and specialty ingredients company, has signed a definitive multi-year global supply agreement with Unilever. The five-year agreement provides for Unilever to purchase renewable algae oils for use in personal care products and reflects the culmination of more than seven years of collaboration between Solazyme and Unilever.
This new agreement builds upon Solazymes initial supply relationship with Unilever for renewable algae oils, which Unilever began incorporating into its products in... More
