Amyris and CJ CheilJedang Corp sign MOU
It’s been a busy spring for South Korea-based CJ CheilJedang Corporation (CJ). Having signed a Memorandum of Understanding with biotechnology company Metabolix just six weeks ago for a commercial manufacturing arrangement for specialty PHAs, CJ has now announced a new partnership, this time with California-based Amyris.
The companies have signed a Memorandum of Understanding (MOU) to support large-scale manufacturing of Amyris’s farnesene in existing CJ facilities. Farnesene is a renewable chemical building block that can be used to produce a wide range of renewable products. Amyris produces farnesene via a proprietary yeast fermentation process.
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Release Date: 06/03/2016
About CJ Group:
CJ Corporation (Hangul: 씨제이㈜) is a South Korean conglomerate holding company headquartered in Seoul. It comprises numerous businesses in various industries of food and food service, pharmaceutics and biotechnology, entertainment and media, home shopping and logistics. CJ Group was originally a branch of Samsung until it separated in the 1990s.
CJ comes from ‘Cheil Jedang’ (Hangul: 제일 제당), which can literally mean “best sugar”, the industry where it originally started.
Notable CJ subsidiaries include CJ Cheil Jedang, CJ Entertainment (Film Production), CJ Entertainment & Media (TV Broadcasting), and CJ CGV (Cinema Chain).