Solazyme Honored with 2010 Clean Air Award by Bay Area Non-Profit BREATHE California for their Renewable Oil Production Technology which Significantly Reduces Green House Gas Emissions
Solazyme Honored with 2010 Clean Air Award by Bay Area Non-Profit BREATHE California for their Renewable Oil Production Technology which Significantly Reduces Green House Gas Emissions
South San Francisco, Calif. – April 20, 2010 – Solazyme, Inc., a renewable oil production company and leader in algal biotechnology, proudly accepted top honors last week at the Clean Air Awards presented by BREATHE California, a non-profit organization dedicated to promoting healthy lungs through air quality for over 100 years. Solazyme was nominated in the Greenhouse Gas Emission (GHG) Reductions category for their tremendous contributions and advancements made to create clean advanced biofuels.
"Innovation is a fundamental pillar of Solazyme's core values and we are thrilled to be recognized for our achievements in improving air quality," said Harrison Dillon, co-founder, CTO and President, Solazyme. "Vehicle emissions are a leading cause of our nation's air pollution and the Solazyme team is dedicated to reducing America's dependence on fossil fuels."
The Clean Air Award, which was presented last week in San Francisco, underscores the positive initiatives companies have developed to reduce global warming and air pollution. Solazyme was lauded by an independent panel of judges and scored in a series of categories ranging from overall success of innovation, to the volume of replicable programs and products that reduce GHG emissions. Members of BREATHE California's honorary committee include San Francisco Mayor Gavin Newsom, California State Senator Mark Leno, President of the Santa Clara County Board of Supervisors Ken Yeager and Founder of Heart Green Nadine Weil.
Solazyme's advanced proprietary technology uses algae to produce oils and biomaterials in standard fermentation facilities quickly, cleanly, cost effectively and at large scale. It is with this technology that the company was able to produce the algal biofuel, Soladiesel™, which emits 85 to 93 percent less GHG emissions than standard petroleum based ultra-low sulfur diesel (USLD), as highlighted in a 2009 field-to-wheels GHG lifecycle test. Solazyme's advanced biofuels have also been determined to have a significantly lower carbon footprint than any currently available first-generation biofuel.
About Solazyme:
Solazyme, Inc. is a renewable oil and bioproducts company and the leader in algal biotechnology. Founded in 2003 and headquartered in South San Francisco, Solazyme's unique technology allows algae to produce oil and biomaterials in standard fermentation facilities quickly, efficiently and at large scale. These oils and biomaterials are tailored not only for biofuel production, but also as replacements for fossil petroleum and plant oils in a diverse range of products running from clean fuels and chemicals to cosmetics and foods. Solazyme's oils and fuels provide compelling solutions to increasingly complex issues of fuel scarcity, energy security and environmental impact while fitting cleanly into the pre-existing multi-trillion dollar fuel infrastructure. Solazyme's investors among others include Braemar Energy Ventures, Harris & Harris Group, Lightspeed VenturePartners, The Roda Group, and VantagePoint Venture Partners. For more information, please visit our website: http://www.solazyme.com.
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CONTACT:
Genet Garamendi, 650-963-5228, ggaramendi [at] solazyme [dot] com
Leah Hardesty, 415-633-3204, lhardesty [at] peppercom [dot] com