19 März 2013

Novozymes to Boost R&D in Bioagriculture, Biofuel Race, CEO Says

How cellulosic ethanol and more generations of enzymes transform the industrial enzyme business

Novozymes, the world’s largest industrial enzymes maker, will increase research and development spending on products aimed at boosting sales to the agriculture and biofuel industries, the company’s next chief said.

Novozymes now has 10 percent of the $1 billion global bioagriculture market, selling microorganisms that improve crop yields or act like pesticides, according to Peder Holk Nielsen, who on April 1 takes the job of chief executive officer from retiring Steen Riisgaard.

… Full text: www.bloomberg.com/news/2013-03-18/novozymes-to-boost-r-d-in-bioagriculture-biofuel-race-ceo-says.html

Tags: enzymes, fruits, vegetables, wood chips, waste, corn, biomass

Source: Bloomberg, 2013-03-19.

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