Amyris Successfully Producing its New Zero Calorie Natural Sweetener at Industrial Scale
October 19 2018 - 8:30AM
Amyris, Inc. (Nasdaq:AMRS), a leader in the development and
production of sustainable ingredients for the Health &
Wellness, Clean Beauty and Flavors & Fragrances markets, is
pleased to announce that industrial scale production of what it
believes is the world’s best tasting and lowest cost zero calorie
natural sweetener has started and is successfully operating as
expected.
The new sweetener product, derived from sugarcane, has been met
with an overwhelmingly positive response by market leaders in the
sweetener space. Amyris recently signed its first major supply and
distribution agreement for its sweetener with ASR Group, the
world’s largest cane sugar refiner and expects other agreements to
follow very soon. The company is on track to meet all customer
shipments for the product this year and expects to make and ship
significant commercial tonnage this year.
“Our team has done an incredible job successfully scaling our
technology to produce what we believe to be the world’s leading
natural sweetener,” said Amyris President & CEO John Melo. “The
industrialization of this technology has included building a full
scale downstream process facility, developing a strain that makes
natural sweetener from sugar cane syrup and adapting our industrial
fermentation to produce the lowest cost natural sweetener
available. Our partners and customers including ASR, the leading
sweetener solution company in the US, are very excited about our
progress and ready to provide consumers with a healthy sweetener
solution.”
About Amyris
Amyris is the integrated renewable products company that is
enabling the world’s leading brands to achieve sustainable growth.
Amyris applies its innovative bioscience solutions to convert plant
sugars into hydrocarbon molecules and produce specialty ingredients
and consumer products. The company is delivering its No Compromise™
products and services across a number of markets, including
specialty and performance chemicals, flavors and fragrances,
cosmetics ingredients, pharmaceuticals, and nutraceuticals. More
information about the company is available at www.amyris.com.
Forward-Looking Statements
This release contains forward-looking statements, and any
statements other than statements of historical fact could be deemed
to be forward-looking statements. These forward-looking statements
include, among other things, statements regarding future events,
such as expected production and shipments of, agreements relating
to, and the anticipated qualities of, Amyris’s new sweetener
product. These statements are based on management's current
expectations and actual results and future events may differ
materially due to risks and uncertainties, including risks related
to Amyris's liquidity and ability to fund operating and capital
expenses, potential delays or failures in development, production
and commercialization of products, risks related to Amyris's
reliance on third parties, and other risks detailed from time to
time in filings Amyris makes with the Securities and Exchange
Commission, including Annual Reports on Form 10-K, Quarterly
Reports on Form 10-Q and Current Reports on Form 8-K. Amyris
disclaims any obligation to update information contained in these
forward-looking statements, whether as a result of new information,
future events, or otherwise.
Amyris, the Amyris logo and No Compromise are trademarks or
registered trademarks of Amyris, Inc. in the U.S. and other
countries. All other trademarks are the property of their
respective owners.
Contact:Peter DeNardoDirector, Investor
Relations and Corporate CommunicationsAmyris, Inc. +1 (510)
740-7481investor@amyris.com
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