By San Francisco Business Times

Solazyme Inc. has given 1,500 gallons of its algae-made jet fuel to the U.S. Navy for testing.

The Navy hopes to run half its vehicles, including ships, aircraft and trucks, on renewable fuel by 2020.

South San Francisco-based Solazyme, led by CEO Jonathan Wolfson, got a contract for this fuel from the Department of Defense in September. Solazyme worked with UOP LLC of Des Plaines, Ill., owned by giant Honeywell International (NYSE: HON) on this project.

Solazyme said this fuel not only meets the Navyâ¿¿s standards but also those of the U.S. Air Force and the requirements for commercial jet fuel.

Solazyme was started in 2003.

Copyright 2010 American City Business Journals

http://sanfrancisco.bizjournals.com/sanfrancisco/stories/2010/07/19/daily8.html?ana=thestreet

Copyright bizjournals.com 2010

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