Solazyme Jumps on Tailored-Oils Production: San Francisco Mover
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Solazyme Inc., a producer of renewable oil from algae that last year delayed production at a plant in Brazil, gained the most since going public after saying it’s selling commercial volumes of tailored-oil products from two facilities in Iowa.
Solazyme gained 33 percent to $12.97 at the close in New York, the most since May 27, 2011.