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February 07, 2016 12:18 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Sapphire Energy, Inc.

Company Overview

Sapphire Energy, Inc., a venture capital backed company, produces renewable solutions from algae. It uses sunlight, CO2, non-potable water, non-arable land, nutrients, and novel strains of algae in outdoor ponds to produce biomass that can then be converted into high-value oils, aquaculture and animal feeds, fuels, and other valuable products. The company was founded in 2007 and is based in San Diego, California. It has a research and development facility in Las Cruces, New Mexico; and an integrated algal bio refinery in Columbus, New Mexico.

9363 Towne Centre Drive

San Diego, CA 92121

United States

Founded in 2007





Key Executives for Sapphire Energy, Inc.

Chief Executive Officer, President and Director
Age: 44
Senior Vice President of Product Management
Vice President of Legal Affairs and Intellectual Property
Vice President
Compensation as of Fiscal Year 2015.

Sapphire Energy, Inc. Key Developments

Sapphire Energy, Inc. Presents at World Congress on Industrial Biotechnology, Jul-20-2015 04:30 PM

Sapphire Energy, Inc. Presents at World Congress on Industrial Biotechnology, Jul-20-2015 04:30 PM. Venue: Palais des congrès de Montréal, Montréal, Quebec, Canada. Speakers: James E. Levine, Chief Executive Officer, President and Director.

Sapphire Energy, Inc. Appoints Dr. Jim Astwood as Senior Vice President of Product Management

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

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.

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