18 Sep 2017 --- Corbion has been approved as the highest bidder for algae-fueled company TerraVia, following an auction process for substantially all of the assets of the bankrupt company, in a deal worth US$20 million. Last Friday, September 15, the United States Bankruptcy Court for the District of Delaware approved Corbion as the successful bidder and authorized TerraVia to consummate the sale to Corbion.
