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0.000697827518104027 -0.000490454246214641 -0.0034562211981567 0.000164581961816952 -0.00378538512179072 -0.00674786043449644 -0.011520737327189 -0.011520737327189
Stock impact report

Cemvita Achieves Significant Milestone in Bioprocess Productivity Unlocking Cheaper, Faster Industrial Biotech [Yahoo! Finance]

Occidental Petroleum Corporation (OXY) 
Last occidental petroleum corporation earnings: 2/27 04:13 pm Check Earnings Report
US:NYSE Investor Relations: oxy.com/investors/pages/default.aspx
Company Research Source: Yahoo! Finance
producing sustainable oil from waste, is announcing a major milestone in its production capabilities. Showcasing the groundbreaking science behind its microbial waste-to-oil process, Cemvita has unlocked new efficient technologies that allow for the production of up to 500 barrels per day of sustainable oil from its first commercial plant—a goal originally projected for 2029. In an industry where reaching scale is known to be limited and expensive, Cemvita's technological advances in lipid productivity have enabled the company to quadruple its planned output. This achievement is due in part to adaptive evolutionary enhancements in its leading-edge microbes. Additionally, reactor optimization has significantly increased oil extraction efficiency by at least 330%. "What's so amazing about synthetic biology is that humans are just scratching the surface of what's possible," said Moji Karimi, CEO of Cemvita. "Our focus on the first principles has allowed us to design and create new bi Show less Read more
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