Oil, Gas and Consumable Fuels
Company Overview of Sapphire Energy, Inc.
Sapphire Energy, Inc. produces the renewable crude oil from algae biomass. Its crude oil is compatible with the existing energy infrastructure, including the network of refineries, pipelines, and distribution centers, as well as the current fleet of cars, trucks, airplanes, and jets. The company’s biomass is also converted into aquaculture and animal feeds, fuels, and other products. It offers its products to customers in the United States and internationally. The company was founded in 2007 and is based in San Diego, California with additional offices in Orange County, California. It has a research and development facility in Las Cruces, New Mexico; and an integrated algal bio-refinery in C...
3115 Merryfield Row
San Diego, CA 92121
Founded in 2007
Key Executives for Sapphire Energy, Inc.
Chief Executive Officer, President and Director
Senior Vice President of Product Management
Vice President of Legal Affairs and Intellectual Property
Vice President of Operations
Compensation as of Fiscal Year 2014.
Sapphire Energy, Inc. Key Developments
Sapphire Energy, Inc. Appoints Dr. Jim Astwood as Senior Vice President of Product Management
Jan 27 15
Sapphire Energy, Inc. announced that Dr. Jim Astwood has joined the company as senior vice president of product management. In this role, he will lead several of Sapphire's expanded business development efforts, with a near-term focus on applying its renewable algae-based technology to address a growing need for reliable sources of human nutraceuticals, animal/aquaculture feed, and more. Dr. Astwood, most recently with Aurora Algae where his work focused on the commercialization of valuable technologies from algae, and fostered partnerships with prominent companies in the health and nutraceutical industries.
Sapphire Energy, Inc. Announces Executive Changes
Jul 28 14
Sapphire Energy, Inc. announced the appointment of biotechnology veteran James Levine as president, CEO and member of the board of directors. Levine replaces Cynthia 'CJ' Warner, who is stepping down from her post effective immediately. She will remain chairman of the company's board of directors. Levine was formerly president and CEO of Verenium Corp., a NASDAQ-listed industrial biotechnology company that develops commercial-scale enzyme solutions using proprietary and patented technologies for industries worldwide. At Verenium, he fostered and managed the company's most critical partnerships, including BP, which acquired the company's cellulosic ethanol unit in 2010, as well as DuPont, Royal DSM, Bunge North America, Cargill, Novus International Inc., Colgate-Palmolive Co. and Tate & Lyle PLC, among others. Each of these partnerships enabled the application of Verenium's technology in global food, fuels and animal nutrition markets. Later, he led the company through its acquisition by BASF Corp. in late 2013. Prior to Verenium, Levine was a managing director in the global energy group at Goldman Sachs & Co.
Sapphire Energy and Phillips 66 to Advance Commercialization of Algae Crude Oil
Dec 10 13
Sapphire Energy, Inc. and Phillips 66 announced a strategic joint development agreement aimed at taking production of algae crude oil a significant step toward commercialization. The companies will work together to collect and analyze data from co-processing of algae and conventional crude oil into fuels. The goal is to complete fuel certifications to ready Sapphire Energy's renewable crude oil, called Green Crude, for wide-scale oil refining. Under the agreement the companies will expand Sapphire Energy's current testing programs to further validate that Green Crude can be refined in traditional refineries and meet all of the Environmental Protection Agency's (EPA) certification requirements under the Clean Air Act. This includes determining the optimal operating conditions for processing algae crude oil into American Society for Testing and Materials (ASTM)-certified diesel, gasoline and jet fuel. Once the study is finished, the companies will work together to complete the EPA certification process to register a new fuel product entering the market.
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