Amyris, Cosan to expand Novvi joint venture

theflyonthewall.com

Amyris (AMRS) announced the company and Cosan (CZZ) have entered into definitive agreements to expand their joint venture, Novvi, to include renewable additives and finished lubricants for industrial, commercial and automotive uses in addition to the joint venture's original scope of renewable, base oils for such markets. Amyris plans to supply Biofene to Novvi for finishing into final products until the joint venture builds its own farnesene production capacity, the company said.

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