United States - Amyris' 2012 net loss deepens to $-206 mln

Friday February 22 2013

Renewable chemicals company Amyris Inc. generated total revenues of $5.9 mln in the fourth quarter of 2012, ended December 31, down from $41.5 mln in Q4 2011. Revenues from product sales to specialty chemical markets fell sharply to $3.0 mln ($36.8 mln in Q4 2011), while grants and collaboration revenues dropped to $2.8 mln from $4.7 mln in the same period a year earlier.

Revenues declined due to a planned transition out of the ethanol and ethanol-blended gasoline business (Amyris Fuels), which was completed in the third quarter, the company said.

© Informa UK Limited. All rights reserved. Copyright contained in any part of this article is owned or and/or controlled by Informa UK Limited No part of the article may be reproduced, stored in a retrieval system, or transmitted in any form or by any means electronic, mechanical, photographic, recorded or otherwise without the prior written permission of Informa UK Limited though you may print or download the article (in whole or in part) for your personal and non-commercial use.