China clears way for Verenium advanced enzyme
In China, Verenium announced that its Purifine PLC enzyme specifically developed for the edible oil industry, has received all necessary Chinese government authorizations for sale as a processing aid in the edible oil industry. According to Verenium, China’s consumption of edible oils is growing at a high rate due to a large population and an ongoing shift to better quality food products. As a result, existing crushing capacity is being more fully utilized and additional plants are being built.
The enzyme is a novel phospholipase C enzyme that is the key component of an improved degumming process for the refining of soybean oil and other high phosphorus vegetable oils, and may also enhance yields of biodiesel from crude oil.
News of the approval caused Verenium’s shares to soar by more than 30 percent in trading yesterday.
Category: Fuels
