Novozymes and Broin expand collaboration to develop 2G biofuel technology  

2006.10.27
Denmark's Novozymes and USA's Broin have announced an expansion of their collaboration to develop a second generation process for production of ethanol from biomass
Denmark's Novozymes and USA's Broin, two leading players in the growing biofuel industry, have announced an expansion of their collaboration to develop a second generation process for production of ethanol from biomass. The collaboration is expected to open up great opportunities for Novozymes to exploit its biotech platform and for Broin to gain rapid commercialisation.
 
Broin's MD Jeff Broin says: "The collaboration between Broin and Novozymes regarding commercialisation of ethanol from corn stover is a continuation of an amazingly good partnership. We have succeeded in developing enzymes for hydrolysis of raw starch for our BPX process. When this process is combined with Broin's fractionation technology, it can form the basis for the biological refineries of the future. I am very optimistic regarding the future for biofuels and our ability to continue the development of the technology so that within the next 4-6 years it will be possible to convert cellulose into ethanol."
 
Novozymes is the biotech-based world leader in enzymes and microorganisms. Headquartered in Bagsværd near Copenhagen, the company employs 4,000 people, half of whom are employed in Denmark. Novozymes' 700 products are a key factor in the production of thousands of products used in everyday life. The company's B shares are listed on Copenhagen Stock Exchange. The news was reported on Novozymes' website.
 
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