Amyris has entered into an agreement with Phyto Tech Corp (D/B/A Blue California) whereby its affiliates will provide access to its fermentation manufacturing in China and produce Amyris’ No Compromise ingredients.
Blue California and its affiliates have an expanding fermentation production base in China with capacity to support the Amyris technology.
This partnership also appoints Blue California as the preferred contract manufacturer for Amyris outside China to meet the current cost structure of Amyris production.
With the strong demand for farnesene-based vitamin E oil with another Amyris partner in China, and the opportunity to supply intermediates and ingredients for the Chinese food ingredients market, the revenue opportunity in China is significant.
The company expects to generate US$50 million or more in revenue over the next 12-18 months from its sales into China.
