The Universal Selection Source: Cosmetics Ingredients

Industry News

Amyris Partners with Blue California - Growth of No Compromise® Ingredients for Personal Care

Published on 2017-04-19. Author : SpecialChem

EMERYVILLE, Calif -- Amyris, Inc. has announced that it has expanded the scope of its relationship with Phyto Tech Corp (D/B/A "Blue California"). Blue California is based in Southern California and is one of the global leaders in food, flavor and fragrance ingredients and nutraceuticals.

Amyris & Blue California - Growth of No Compromise® Actives
Amyris & Blue California - Growth of No Compromise® Actives

No Compromise® Ingredients


Amyris No Compromise® ingredients into China have been more than doubling in sales and are expected to continue strong growth in the personal care and nutrition segments. To support this product growth without capital investment, Amyris has entered into an agreement with Blue California whereby its affiliates will provide access to its fermentation manufacturing in China and provide the necessary capital to produce No Compromise ingredients for Amyris.

Expansion of Fermentation Production Base


Blue California and its affiliates have an expanding fermentation production base in China with capacity to support the Amyris technology.

This partnership also includes Blue California's status as the preferred contract manufacturer for Amyris outside China when and where it is able to meet the current cost structure of Amyris production to maintain Amyris's low cost, high performance product value proposition.

Farnesene-based Vitamin E Oil


In this relationship, Amyris will provide the technology and its partner is providing the capital and capacity for manufacturing that meets Amyris's demand and Amyris is responsible for delivering the products to its customers and collaboration partners.

With the strong demand for farnesene-based Vitamin E oil with another Amyris partner in China, and the company's opportunity to supply intermediates and ingredients for the large and fast growing Chinese food ingredients market, the revenue opportunity in China is significant. The company expects to generate $50 million or more in revenue over the next 12-18 months from its sales into China.

Amyris President and CEO, John Melo said:

"We're very pleased with the access to Blue California's fermentation capacity and the continued deepening of our partnership with them. Blue California's leadership in natural ingredients creates a strong strategic linkage between our two businesses. We believe that our relationship, which is incremental to the current strategic and financial transactions we have been engaged in, will contribute to Amyris revenue growth over the next 12 months and will play a key part in our record product sales into the Chinese market. This expansion is a result of the successful license agreement and technology transfer with Blue California in December and is one of several key strategic partnerships we are in the process of completing."

About Amyris

Amyris is the integrated renewable products company that is enabling the world's leading brands to achieve sustainable growth. Amyris applies its innovative bioscience solutions to convert plant sugars into hydrocarbon molecules and produce specialty ingredients and consumer products. The company is delivering its No Compromise® products across a number of markets, including specialty and performance chemicals, flavors and fragrances, cosmetics ingredients, pharmaceuticals, and nutraceuticals.

PS: If you liked this News, you might enjoy our Cosmetics Industry Newsletter. All the Industry News delivered once a week right to your inbox. Sign up here!


Source: Amyris
Be the first to comment on "Amyris Partners with Blue California - Growth of No Compromise® Ingredients for Personal Care"

Leave a comment





Your email address and name will not be published submitting a comment or rating implies your acceptance to SpecialChem Terms & Conditions
Covestro

Online Course

Julian Hewitt
74 Days left to register

Thursday Jul 6 2017

By Julian Hewitt

Meet faster your high SPF & UVA targets. Julian Hewitt will share his unique expertise to help you select the right active(s), maximize their efficacy and ensure the photostability of the formulation.

232 Read More
Channel Alerts

Receive weekly digests on hot topics

Receive your alerts

Back to Top