In Denmark, Novozymes reported that it will lay off 198 employees after reporting 2016 organic sales growth of 2% organically and by 1% in DKK, primarily driven by Agriculture & Feed and Technical & Pharma. The EBIT margin improved by 0.2 percentage points to 27.9%, and EBIT grew by 2%. Net profit increased by 8%. […]
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In Australia, Leaf Resources announced a collaboration with Novozymes, the world’s largest producer of industrial enzymes, to further increase the yields and efficiency associated with Leaf Resources’ innovative biomass conversion technology. GLYCELL is a unique combination of well-established process engineering and advanced chemistry. The GLYCELL technology operates at low temperature and pressure, and uses crude […]
In Denmark, Novozymes has obtained land on a long-term lease in the Patalganga industrial area near Mumbai on India’s west coast. With an initial investment of approximately DKK 300 million the company plans to establish a new enzyme production and supply chain facility that is expected to be ready for operation in 2018 and will […]
In Denmark, Novozymes recently launched Fermax, an enzyme protease that prevents foam development during the sugarcane ethanol fermentation process, while delivering improved control and replacing chemicals. For an average size plant, trialing partners also experienced a cost reduction of up to 20 percent when using Fermax, as compared with use of chemicals. Foam develops during […]
In Denmark, Novozymes launched Fermax, an enzyme protease that prevents foam development during the sugarcane ethanol fermentation process, while delivering improved control and replacing chemicals. In trials, partners also experienced a cost reduction of up to 20 percent when using Fermax, compared to using chemicals. Why foam? Foam develops during the fermentation process as the […]
This season, The Digest is hosting the Strategic Intent webinar series, looking at the plans, progress and future milestones of strategic stakeholders in the Advanced Bioeconomy. In this slide deck, we looked at Novozymes and Procter & Gamble and their direct investments, partnerships and alliances with companies both heralded and unknown.
In Denmark, Novozymes reported its Q2 earnings and updated its outlook for the rest of 2016. Headlines? Sales grew by 3% organically in the first half, EBIT was on par, and the EBIT margin was 27.2%, also on par with the first half of 2015. Restructuring costs hit the EBIT margins. Profit was up nicely. […]
In Denmark, Novozymes have agreed that Novozymes will deliver enzymes for the coming DONG Energy REnescience plant in Northwich in the North West of England. It will be the first full-scale bio plant in the world capable of handling household waste by means of enzymes. The REnescience plant in Northwich is expected to be operational […]
In Denmark, Novozymes has formed itself into three divisions: Household Care & Technical Industries, Agriculture & Bioenergy and Food & Beverages. The aim of the organizational change is to enhance Novozymes’ ability to deliver more innovation to customers with more speed and commercial impact. Furthermore, Novozymes wishes to strengthen its technology and market leadership through […]
LanzaTech holds lead in Hot 50 in last week of voting; Novozymes, Amyris, DuPont, DSM, REG, BASF, POET, Algenol and Genomatica in the hunt.
In Florida, early voting rankings were released today for 50 Hottest Companies in the Advanced Bioeconomy, representing roughly 90% of the overall subscriber vote expected. Subscriber voting ends Friday, January 15 at 5pm ET. The Hot 50 rankings will be announced live at ABLC 2016 in Washington DC at 6pm on February 17, 2016. Below, we’ve […]