Best stock to invest in
In California, the Eco-Emirs of Emeryville, Amyris (AMRS)
executed a five year Biofene supply agreement with a global
Upping the ante from January
This new, long-term agreement replaces the parties’ one-year
purchase agreement, which was previously announced on January 4,
on that deal here.
Under the new supply agreement, the mystery customer has agreed
to a larger Biofene purchase in 2016 with an expected revenue
contribution of approximately $9 million and to minimum annual
purchase commitments in each of the remaining years of the
In addition, under the new agreement, Amyris is entitled to a
quarterly value-share arrangement on the sales of the customer’s
product made from the purchased Biofene. Amyris expects total
revenue from the five-year agreement to be more than $100 million.
In year-five of the supply agreement term, the agreement is
projected to generate approximately $40 million of annual revenue,
which Amyris expects will be renewed at that level in subsequent
A 2016 Farnesene Fiesta?
For biofene, the Brotas plant in now sold out through 2020. We
look at Amyris’ 2016 horizons here.
The Amyris Story
John Melo discusses Amyris’ immediate horizons with The Digest
Also on BioChannel.TV, Amyris is the first company up in this
episode from March Madness, 50 Hot Companies
50 Quick Takes, here.
The Amyris 2016 8-Slide
Guide is here.
The Latest on Amyris Biossance
Amyris debuts Pathways Program: access
to its synthetic biology technology.
Reaction from Planet Amyris
“This agreement represents a new highly disruptive partner
application for our flexible Biofene ingredient ─ which supports
multiple broad-based market applications and further solidifies
Amyris’s track record of helping solve partners’ supply and
product margin needs by supplying cost-advantaged renewable
ingredients that perform better than current supply sources,” said
CEO John Melo.
“We are experiencing significant growth in demand for our Biofene
and Biofene-derivative applications from large markets such as
tires, industrial lubricants, solvents, and nutraceuticals. This
demand growth is accelerating our mission to make renewable
products mainstream while making our company sustainable.”
Jim Lane is editor and publisher of Biofuels Digest where this
was originally published.
Biofuels Digest is the most widely read Biofuels daily
read by 14,000+ organizations. Subscribe
– Best stock to invest in