Amyris Successfully Producing its New Zero Calorie Natural Sweetener at Industrial Scale
Amyris, Inc. (AMRS)
Last amyris, inc. earnings: 3/12 04:15 pm
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Source: GlobeNewswire
EMERYVILLE, Calif., Oct. 19, 2018 (GLOBE NEWSWIRE) -- 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 techno
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