Solazyme and Imperium Renewables Enter into a Biodiesel Feedstock Development Agreement

South San Francisco, Calif. and Seattle, Washington [] Solazyme, Inc. and Imperium Renewables, Inc. entered into a biodiesel feedstock development agreement in which Solazyme will generate algal oil for Imperium’s biodiesel production process. Under the agreement, Solazyme will grow its proprietary strains of microalgae, extract the oil, and deliver it to Imperium. Imperium will convert the feedstock oil using its proprietary technology into biodiesel fuel in its Seattle plant.
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