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Genomatica Named by The Scientist as a Best Place to Work for Second Consecutive Year

SAN DIEGO, June 4, 2013 (GLOBE NEWSWIRE) -- Genomatica has been recognized by The Scientist as a Best Place to Work in Industry for the second consecutive year. The Scientist highlighted Genomatica as an organization where researchers feel valued and love to work.

Genomatica is the technology leader for the chemical industry. Its disruptive, enabling technology is helping to transform a trillion dollar industry by allowing chemicals to be made a 'better way,' from renewable feedstocks, and reducing reliance on volatile fossil fuel feedstocks.

With 105 employees, including 77 focused on research and development, Genomatica has built a seasoned team. The company has succeeded in creating an exceptionally unified culture, documented in its core values. These values are deeply-held and key to the teamwork and the delivery obsession of its high-performance organization.

The company also believes in giving back to the community and supports efforts to develop science education. Recently, Genomatica hosted an interactive showcase at the San Diego Festival of Science & Engineering, helped with the cleanup of local beaches and had its first annual Bike to Work Week where employees rode more than 2,200 miles, saving 70 gallons of gas and burning 100,000 calories.

"We are honored to receive this recognition for the second time from The Scientist," says Christophe Schilling, Ph.D., CEO of Genomatica. "We strive to create and establish a collaborative and inclusive working environment for all our employees. It is because of the dedication of our team – and a growing chorus of forward-thinking industry leaders – that Genomatica is helping lead the irresistible transition to sustainable materials through our technology."

About Genomatica

Genomatica is a technology leader for the chemical industry. It develops manufacturing process technologies that enable its partners to produce the world's most widely-used chemicals a 'better way,' from renewable feedstocks, with better economics and greater sustainability than petroleum-based processes.

Genomatica's first process, for BDO, is now commercial. Genomatica's BDO process was used to make 5 million pounds of BDO in late 2012; and has been licensed by BASF and by Novamont. Multiple companies, including Toray, have confirmed that BDO produced using Genomatica's BDO process can be used the exact same way for downstream products as chemicals made from fossil fuel feedstocks, simplifying and accelerating adoption. Genomatica is developing processes for additional major chemicals; the next is for butadiene, with Versalis as partner.

Genomatica's recognition includes the Wall Street Journal Technology Innovation award, ICIS Top 40 'Ones to Watch,' the EPA Presidential Green Chemistry Challenge Award, and being voted #1 Hottest two years in a row by Biofuels Digest.

CONTACT: Rob Adler, radler@pr-vantage.com, 415.984.1970 x0104

Source: Genomatica