EMCC European Monitoring Centre on Change

Amyris Bio Products Portugal

Company/Organisation:
Amyris Bio Products Portugal

Geographic Location

Country: Portugal
Region: Continente
Location of affected unit(s): Portugal

Company

Sector: Professional services
Scientific research and development
72.11 - Research and experimental development on biotechnology
Group: Amyris Bio Products US

Employment Effects

Announcement Date: 18-05-2021
Type of Restructuring: Business expansion
Employment Effect Start: 18-05-2021
Foreseen End Date: 31-12-2021
Planned Job Creation: 150

Additional Information

Amyris Bio Products Portugal, a Portuguese subsidisry of Amyris Bio Product of US, will invest around  €10 million and create a cosmetics production plant in Portugal. This investment will create between 150 to 200 new jobs.

After the development of a partnership with the Biotechnology School of the Catholic University to study and develop by-products and waste resulting from fermentation process, the group managed to create the first silica in the world from sugar cane ashes and together the entities want to develop a technology hub of international reference. Part of the output will be exported to other European markets.

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