Advanced Biofuels


Amyris Industrial Plant in Brazil Produces Third Unique Fermentation Product

Date Posted: October 6, 2015

Emeryville, Calif., Oct. 6, 2015 — Amyris, Inc. (Nasdaq:AMRS), the industrial bioscience company, today announced the manufacturing of its third product produced this year at its industrial scale fermentation facility in Brotas, Brazil is now nearing completion.

Mb target just 10 months ago and has now been successfully engineered, and scaled up with first shipments completed from the plant.

Of the three products manufactured at the Amyris plant in Brotas this year, this product represents the second critical fragrance ingredient successfully developed and produced at industrial scale for an Amyris collaboration partner.

The company's strategic partners include 11 of world-leading companies, four of them being key market share leaders in the fragrance industry.

In the flavors and fragrances portion of its business, Amyris has 17 molecules remaining under contract, with three of those molecules currently under development and two of them on track for anticipated large-scale production in 2016.

The scale-up of the two molecules expected for 2016 would build upon Amyris's track record of delivering molecule targets to its customers approximately one year ahead of schedule, or less than 12 months from start of engineering to industrial production.

"We are very excited about our performance this year with execution of our third successful industrial fermentation product scale-up and first shipments completed for our latest fermentation product.

"This is another proof point in the predictable, breakthrough performance we are realizing with our HI-RYSE™ (Hyper-Integration for Rapid Yeast Strain Engineering) technology platform as we continue to apply this innovation to our extensive portfolio of products that are prioritized and funded by our partners," said John Melo, Amyris President & CEO.

"We expect our portfolio of contracted molecules to generate over $400M of annual product revenue at maturity and we are already realizing our target gross margin on products produced from this portfolio," continued Melo.

"After a long and challenging road to predictable production and advantaged costs, we are well on our way to realizing our mission of enabling our partners to grow sustainably."

For more information, please contact Peter DeNardo at 510-740-7481.

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