Solazyme Rises on Expansion With ADM, Bunge: San Francisco Mover
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Solazyme Inc., which makes oil products from sugar-consuming algae, surged the most in seven months after agreeing to expand production capacity through partnerships with Bunge Ltd. and Archer-Daniels-Midland Co.
Solazyme climbed 10 percent to $7.80 at the close in New York, the biggest gain since April 3.