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Re: None

Sunday, 03/26/2017 12:56:01 PM

Sunday, March 26, 2017 12:56:01 PM

Post# of 4221
Winthorpe III, if you really want to find the "profit share" numbers you can find them(look at the sec filings), they get 30% to 50% of partner profit margin.

To this date, they produce 3 molecules(end of this year should be at the very least 6):

-Farnesene, used for production of:

Lubricants
Squalane
Vitamin E
Liquid farnesene rubber(tyres)
Plasticizers(With Cray Valley/Total)
Fragrance

Market price range from 3$/kg as rubber to 24$/kg as squalane.

Can also be turned to biofuel but they do not sell fuels anymore

-Ambroxide, used for fragrance, market price is 665$/kg for amyris product and the synthetic synthesized molecule.

-Patchoulol,used for fragrance, market price is 50$/kg.


So if we look at the profit share they have:

-Lubricants - they get 33% of all the downstream sales via Novvi JV.

Squalane - they get 50% of all the downstream sales via Nikko JV.

Vitamin E - when the vitamin E is sold to the market, the profit is split 50%/50%.

Liquid farnesene rubber - when kuraray sells the farnesene to the for tyers, the part of the profit goes to amyris.

Plasticizer - when cray valley sells the farnesene part of the profit they get goes to amyris.

Fragrance - when Takasago sells farnesene based fragrance, amyris gets part of the profit.


For the two other fragrance molecules(Partner is Firmenich), amyris gets 30% of profit sales at first and when firmenich gets 15M$ more than amyris they start to split the profit 50%/50%.


All this profit share money is starting to get paid at 2017.

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