US Amyris forms fuels joint venture with French Total

05 December 2013 15:58  [Source: ICIS news]

HOUSTON (ICIS)--US renewable fuels and chemicals firm Amyris has formed a fuels joint venture with French energy and petrochemicals major Total, it said on Thursday.

The 50:50 Total Amyris BioSolutions joint venture holds exclusive rights and a licence under Amyris's intellectual property to produce and market renewable diesel and jet fuel from Amyris's renewable farnesene.

Amyris CEO John Melo said that the formation of the new joint venture paved the way for his company "to initiate our fuels commercialisation efforts globally, building on Amyris experience with renewable diesel in Brazil and the growing demand for lower-emission jet fuels worldwide."

Philippe Boisseau, president of Marketing & Services and New Energies at Total, added that the joint venture was a first step towards the commercialisation of Total's renewable diesel and jet fuels.

“We are in the phase of scaling up the industrial process and we expect to start commercialisation within the next few years, once our joint research and development goals are met," he said.

Total, which is Amyris's largest investor, has been a strategic partner for Amyris for the last three years.

Amyris has an industrial synthetic biology platform to design microbes, primarily yeast, using them as "living factories" in fermentation processes to convert plant-sourced sugars into renewable chemicals and transportation fuels.

By: Stefan Baumgarten
+1 713 525 2653

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