01.07.2011 20:31:00
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Solazyme CEO Jonathan Wolfson Lauds ASTM International’s Historic Approval of Algae Based Biofuels for Aviation
Jonathan Wolfson, co-founder and CEO of Solazyme, Inc. (NASDAQ: SZYM), today issued the following statement lauding ASTM International for approving the use of hydrotreated renewable jet fuel in commercial aviation.
"We applaud the historic ruling by ASTM International, and the continued work of both ATA and CAAFI, to implement sustainable initiatives for the aviation industry. Today’s ruling approving the use of algae- and other sustainably-derived biofuels in commercial flight, is a regulatory breakthrough and provides a critical step in the commercialization of advanced, low-carbon biofuels. Solazyme commends these leading industry organizations for their continued commitment to secure alternative energy supplies.”
About Solazyme, Inc.
Solazyme, Inc. (NASDAQ: SZYM) is a renewable oil and bioproducts company that transforms a range of low-cost plant-based sugars into high-value oils. Headquartered in South San Francisco, Solazyme’s renewable products can replace or enhance oils derived from the world’s three existing sources – petroleum, plants and animal fats. Initially, Solazyme is focused on commercializing its products into three target markets: (1) fuels and chemicals, (2) nutrition and (3) skin and personal care.
Solazyme®, the Solazyme logo and other trademarks or service names are trademarks of Solazyme, Inc.
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