September 16, 2014 1:44 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Solazyme, Inc.

Company Overview

Solazyme, Inc. manufactures and sells renewable oils and other bioproducts. Its proprietary technology transforms a range of plant-based sugars into triglyceride oils and other bioproducts. The company offers renewable tailored oils, such as oleic oils that provide sustainable solutions within the food, lubricant, functional fluid, and oleo chemical markets; and drop-in replacements and blend stocks for marine, motor vehicle and jet fuels, as well as replacements for petrochemicals. It is also provides fuels, including SoladieselBD, a fatty acid methyl ester; SoladieselRD, a hydro-treated renewable diesel; SoladieselHRD-76, a military grade hydrotreated renewable diesel; and SolajetD7566 and...

225 Gateway Boulevard

South San Francisco, CA 94080

United States

Founded in 2003

271 Employees

Phone:

650-780-4777

Fax:

650-989-6700

Key Executives for Solazyme, Inc.

Co-Founder
Age: 43
Total Annual Compensation: $545.0K
Chief Financial Officer
Age: 43
Total Annual Compensation: $360.7K
Senior Vice President
Age: 51
Total Annual Compensation: $321.4K
Chief Technology Officer
Age: 50
Total Annual Compensation: $360.7K
Strategic Advisor
Age: 43
Total Annual Compensation: $412.0K
Compensation as of Fiscal Year 2013.

Solazyme, Inc. Key Developments

Solazyme and AkzoNobel Expand Joint Development Agreement

Solazyme, Inc. and Akzo Nobel N.V. have expanded their previous joint development agreement. The expansion provides for funded development, as well as agreed key terms for a multi-year supply agreement targeting annual supply of up to 10,000 MT of renewable Tailored algal oils, pending successful product development. The parties expect that the algal oil under the joint development agreement would be able to replace both petroleum and palm oil-derived chemicals. The target product is designed to have improved functional and environmental performance, as well as a lower overall cost to AkzoNobel.

Solazyme, Inc. Presents at 16th Annual Pacific Crest Global Technology Leadership Forum, Aug-12-2014 02:30 PM

Solazyme, Inc. Presents at 16th Annual Pacific Crest Global Technology Leadership Forum, Aug-12-2014 02:30 PM. Venue: The Sonnenalp Hotel, 20 Vail Road, Vail, CO 81657, United States.

Solazyme, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Solazyme, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. Total revenue for the second quarter of 2014 was $15.9 million compared with $11.2 million in the second quarter of 2013, an increase of 43%. Second quarter GAAP net loss was $42.9 million, which compares with net loss of $25.8 million in the prior year period. On a non-GAAP basis, the net loss was $32.9 million for the second quarter of 2014, compared with net loss of $17.4 million in the prior year quarter. Gaap net loss per share was at $0.56 per basic and diluted share against $0.42 per share reported last year. Loss from operations was $32,232,000 compared to $20,672,000 a year ago. Net loss (non-GAAP) per share was at $0.43 per basic and diluted share compared to $0.28 per basic and diluted share a year ago. For the six months period, the company reported total revenues of $28,330,000 compared to $17,855,000 a year ago. Loss from operations was $64,673,000 compared to $44,032,000 a year ago. Net loss was $77,598,000 or $1.07 per basic and diluted share compared to $52,350,000 or $0.85 per basic and diluted share a year ago. Net loss (non-GAAP) was $63,402,000 or $0.87 per basic and diluted share compared to $38,862,000 or $0.63 per basic and diluted share a year ago.

Similar Private Companies By Industry

Company Name Region
Maxus Energy Corporation United States
Fuelco Group United States
NGTS LLC United States
Teton DJCO, LLC United States
Adams Petroleum Inc United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Solazyme, Inc., please visit www.solazyme.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.