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Novozymes 1Q 2009: Financial summary

Publisher: Elsevier Science
Year: 2009
Weight: 60 KB
Volume: 2009
Category: Article
ISSN: 1351-4180
DOI: 10.1016/s1351-4180(09)70267-3

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✦ Synopsis

funding from a group of investors, including BASF Venture Capital. SDC's Tempe facility produces a range of catalysts for hydrogenation, automotive emissions reduction, and isomerization and reforming in refineries. The company's catalysts are claimed to require smaller concentrations of precious metals compared with existing materials in the market. Chemical and Engineering News, 11 May 2009, 87 (19), 16 BASF to sell China process catalysts site to Süd-Chemie In Apr 2009, Süd-Chemie AG agreed to purchase BASF's catalysts production plant, sited in Nanjing, China. The business is being sold because it does not sit well with BASF's other Chinese operations. Over 30 types of syngas catalysts are manufactured at the Nanjing facilities. Süd-Chemie has bought the business in order to grow its catalyst operations in Asia.

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