SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Solazyme, Inc., a leading renewable oils and bioproducts company, announced today the execution of both a joint development agreement (JDA) and a letter of intent (LOI) with The Dow Chemical Company (NYSE: DOW) to advance the development of Solazyme’s algal oils for use in next generation, bio-based dielectric insulating fluids key to transformers and other electrical applications.
