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Novozymes is the leader in bioinnovation and the largest supplier of enzymes for the existing ethanol industry. Novozymes has been working on enzyme development for cellulosic ethanol, where agricultural residues such as straws and corn stover are converted into ethanol, since 2001 when it received a previous Department of Energy-funded project. On 29 Feb 208, the company's overall effort within cellulosic ethanol represents the largest R&D effort in Novozymes history, with more than 100 employees allocated.
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attempt to scale-up PFCE's new process for making electro-catalyst and nanoMEA products to commercial scale. Each party at its own expense will contribute equipment, personnel, and technical expertise to the collaborative effort. The initial development activities are expected to take about two mont
The outlook for 2002 is also included. Novozymes A/S is a biotech-based world leader in enzymes and microorganisms for industrial use. Novozymes also applies its core competences in selected pharmaceutical areas.
experienced by the catalyst division. Group earnings before tax in 1H 2002 rose 1.5% to €7 M, with sales declining 9.9% to €365.3 M.