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Amyris Approved Loan For Brazil Cane-to-Fuel Precursor Facility

Nov. 1 (Bloomberg) -- Amyris Inc., a U.S. biotechnology company, has been approved a 22 million-real ($12.6 million) loan by Brazil’s national development bank, known as BNDES, for a facility that turns sugar cane into a raw material for fuel.

Amyris started producing so-called farnesene at the plant, located in Piracicaba, in the Brazilian state of Sao Paulo, earlier this year, the Emeryville, California-based company said today in a statement.

Link to Statement:{NSN LTZDC13V2802 <GO>}

Link to Company News:{AMRS US <Equity> CN <GO>}

To contact the reporter on this story: Stephan Nielsen in Sao Paulo at snielsen8@bloomberg.net

To contact the editor responsible for this story: Helder Marinho at hmarinho@bloomberg.net

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