BP and Verenium announce pivotal biofuels agreement
- Book ID
- 104388855
- Publisher
- Elsevier Science
- Year
- 2010
- Weight
- 59 KB
- Volume
- 2010
- Category
- Article
- ISSN
- 1351-4180
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โฆ Synopsis
infringing their patents related to ethanol production. In a case filed with a Wisconsin court, Novozymes claims Danisco A/S' use of the enzyme alpha-amylases infringes on the former's US patent for the enzyme. The alpha-amylase products are used in both the biofuel and starch industries. GS CleanTech, meanwhile, is suing 15 ethanol plants as well as ICM Inc and GEA Westfalia Separator Inc for infringing its parent company's patented corn oil extraction technology. GreenShift, GS CleanTech's parent, obtained a patent in May 2009 for a process for recovering corn oil by evaporating whole stillage.
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In view of the economic environment, Novozymes considers its current 2009 growth outlook satisfactory. The slowdown in 4Q 2008 is not considered a reliable indicator of 2009 full-year performance. Sales growth is forecast at 8-13% (in terms of DKR), and operating profit is expected to grow by 10-15%