In Denmark, Novozymes announced a deal to supply enzyme technology to a new biorefinery that will be built by St1 Biofuels in Kajaani, Finland. The facility will be co-located at a sawmill site, and will be the first facility in the world to use sawdust from softwood as feedstock to produce cellulosic ethanol at commercial […]
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In Denmark, Novozymes announced its Q1 2015 sales growth of 8% organically and by 18% in DKK compared with Q1 2014. EBIT grew by 6%, and the EBIT margin was 27.4%. Adjusting for the one-time impact from The BioAg Alliance in Q1 2014, EBIT grew by ~20%, and the EBIT margin expanded by ~1 percentage […]
Tell us about your company and it’s role in the Advanced Bioeconomy. NZ is a global leader in the bio-ethanol revolution which by far, is the most promising technology in terms of benefitting all stakeholders involved. Tell us about your role and what you are focused on in the next 12 months. Our job is […]
The renewable energy industry was saddened on March 3 by the news of the death of Guido Ghisolfi, Vice Chairman of the Mossi & Ghisolfi group and CEO of Beta Renewables. Mossi & Ghisolfi is a worldwide leader in the bottle-grade PET industry, owner of the world’s first commercial-scale cellulosic ethanol plant, located in Crescentino, […]
Novozymes is “the world leader in bioinnovation”. The company’s business is industrial enzymes, microorganisms, and biopharmaceutical ingredients. Novozymes’ biological solutions help companies make more from less, save energy and raw materials, and reduce waste. The result is higher quality, lower costs, lower CO2 emissions, better lives and a better environment. With over 700 products used in 130 countries, Novozymes’ bioinnovations […]
Thought Leadership: The Digest speaks with Sebastian Soederberg, Novozymes’ VP for Biomass Conversion
Tell us about your role at Novozymes. I’m responsible for Novozymes’ biomass activities on the commercial side; I’ve been doing this for close to three years. My background is as an economist and investment banker. Novozymes began its efforts in this area in 2001 with more than 100 scientists and a lot of public affairs […]
In India, Novozymes and Beta Renewables are working to establish a 75 million liter per year cellulosic ethanol plant in Punjab using 3 million metric tons of paddy straw as feedstock. The $153.7 million plant could lead the way for $1 billion in investment of five other plants in the state if successful.
In Germany, BASF is leaving Novozymes and Cargill to continue carrying on the R&D work they’ve done together on bio-based acrylic acid, saying it couldn’t reach the targets for commercializing the product. Novozymes and Cargill started the partnership in 2008 with BASF joining in 2012. The founding companies are now looking for a new partner […]
In Denmark, Novozymes’ CEO says $40 oil over the long term could wane interest in second generation ethanol but above that, lower ethanol prices will just weigh down the cost of feedstock which can only make cellulosic ethanol more attractive. He expects oil to reach back up to $80 a barrel. He also said that […]
In Denmark, Novozymes isn’t phased by the drop in oil prices to 2009 levels, saying that it will stay the course in cellulosic biofuels that it has invested in since 2002. The company says that commodity prices change but that cellulosic biofuels will eventually be competitive with oil, and it’s willing to wait around a […]