Amyris Expands Its Fermentation Capabilities with New Acquisition
Amyris Expands Its Fermentation Capabilities
Amyris, Inc., a pioneering synthetic biology company known for its innovative approach in industrial biotechnology, has made a significant move by acquiring Ingredion's 31% stake in the RealSweet Joint Venture. This acquisition grants Amyris complete ownership of its state-of-the-art industrial precision fermentation facility located in Barra Bonita, Brazil. The decision to fully own this facility aligns with Amyris' vision of enhancing its manufacturing capabilities and streamlining operations.
Transition from Joint Venture to Full Ownership
As part of the agreement with Ingredion to wind down the RealSweet joint venture, Ingredion will retain exclusive rights to utilize Amyris' innovative technology for manufacturing and marketing fermented Reb M. Under this new arrangement, Amyris will collect royalties based on Ingredion's future sales, marking a beneficial transition for both entities.
Investing in Future Growth
In line with Amyris' 2030 strategic plan, which was unveiled recently, the company is also ramping up its investment within the Barra Bonita plant. Notably, they are in the final stages of constructing a fourth independent precision fermentation line. This line is anticipated to be operational by early 2026, which will enhance the facility's capacity and operational flexibility, allowing for a wider array of specialty ingredients to be produced sustainably.
Leadership’s Vision
Kathy Fortmann, Amyris' Chief Executive Officer, expressed her excitement over this milestone, emphasizing that the move to regain full ownership will optimize their manufacturing portfolio and ultimately drive profitability. The additional capacity investment at the Barra Bonita plant, according to Fortmann, will enhance the flexibility needed in manufacturing, enabling faster development and launch of sustainable products that cater to evolving consumer demands.
Meeting Global Demand for Sustainable Ingredients
Commenting on the partnership, Jim Zallie, President and CEO of Ingredion, shared his enthusiasm about leveraging Amyris' fermented Reb M technology, which meets the rising global requirements for their Stevia portfolio. This initiative aims to provide a well-rounded approach to sugar reduction, featuring extracted, bioconverted, and fermented Reb M.
Innovative Solutions for a Healthier Future
The trifecta of naturally sourced sweeteners enables companies to deliver clean-label sugar reduction solutions that cater to diverse customer needs. Nate Yates, Vice President and General Manager of Sugar Reduction and Fiber Fortification at Ingredion, reinforced the company's commitment to growing the market for fermented Reb M, paving the way for healthier product offerings for consumers worldwide.
About Amyris, Inc.
Amyris, Inc. stands out as a leader in the synthetic biology sector, specializing in crafting sustainable ingredients through cutting-edge precision fermentation technology. With over two decades of extensive experience, Amyris partners with leading brands to formulate innovative ingredients swiftly and at scale. Their commitment to sustainability ensures that their renewable and traceable ingredients now feature in thousands of products around the globe, positively impacting millions of customers.
Frequently Asked Questions
What led to Amyris acquiring Ingredion's stake in RealSweet?
The acquisition allows Amyris to take full control of its fermentation capabilities, enhancing its manufacturing processes and partnerships.
What is the significance of the new fermentation line at the Barra Bonita plant?
This new line will boost production capacity and flexibility, allowing for a wider range of specialty ingredients to be developed.
How does Amyris' partnership with Ingredion benefit both companies?
The partnership allows Ingredion to market Amyris' technology while providing Amyris with royalties from future sales of fermented Reb M.
What is fermented Reb M used for?
Fermented Reb M is a sustainable sweetening solution used in various products, aimed at reducing sugar content while maintaining flavor.
How are Amyris' ingredients contributing to sustainability?
Amyris utilizes advanced fermentation technology to create renewable and traceable ingredients that meet the growing demand for sustainable products globally.
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