Comment Business & Economics
Solazyme & Dow: Bio-based dielectric insulating fluids
By Gerald Ondrey |
Solazyme, Inc. (San Francisco, Calif.; www.solazyme.com), a leading renewable-oils and bioproducts company, announced today the execution of both a joint development agreement (JDA) and a letter of intent (LOI) with The Dow Chemical Co. (Midland, Mich.; www.dow.com) to advance the development of Solazyme’s algal oils for use in next-generation, bio-based dielectric insulating fluids key to transformers and other electrical applications.
Under the terms of the JDA, Dow will combine its extensive knowledge of specialty fluid formulations and dielectric insulation capabilities with Solazyme’s unique feedstock capabilities to develop of a new class of algal oils tailored for optimized performance and cost in dielectric insulating fluid applications. The non–binding LOI provides that Dow may obtain up to 20-million gal of Solazyme’s oils for use in dielectric insulating fluids and other industrial applications in 2013 and up to 60-million gal in 2015.
Related Content The U.S. Chemical Production Regional Index (U.S. CPRI) rose 0.8% in January following a 1.4% gain in December and a…
The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported that U.S. specialty chemicals market volumes rose 1.2% in January, accelerating…
The following is a list of recently published books that may be relevant for professionals in the chemical process industries…
Plant Watch Austria’s largest green-hydrogen plant being constructed at OMV refinery February 16, 2021 — OMV AG (Vienna, Austria; www.omv.com)…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), rose…
Breakthrough Technologies
Chemical Engineering publishes FREE eletters that bring our original content to our readers
in an easily accessible email format about once a week.
Subscribe Now
Subscribe Now
Job Listings
