In Denmark, Novozymes announced the launch of Spirizyme 2.0 T and Spirizyme Ultra T for the European ethanol market. The two products are part of the Spirizyme T Portfolio, glucoamylase enzymes with trehalase that deliver yield enhancing activities documented to provide the highest total sugar conversion in the industry. The products have a low risk […]
In Denmark, Novozymes’ bioenergy sales rose 7% during the first half of the year to $206 million, in part thanks to increased conventional ethanol production in the US during the period that rose 4% on the year. The company expects ethanol production to fall during the second half of the year due to significant stocks, […]
In today’s Digest, let’s look at trends driving the industry’s results at scale — and while money is not the measure of all progress, it is the ultimate yardstick and especially for companies that have reached industrial scale. So, let’s look at Q2 earnings statements now just coming out from four of the sector’s signature […]
In Nebraska, Novozymes announced a $36M expansion of its enzyme manufacturing plant in Blair, Nebraska – an investment to increase capacity for the production of enzymes for biofuels in the US and globally. At the same time, we are also celebrating five years of successful operation in the state thanks to strong partnerships with local, […]
In Nebraska, less than five years after Novozymes opened a state-of-the-art advanced manufacturing facility in Blair, Governor Pete Ricketts announced that the company has selected the site for its most recent expansion efforts in North America. The company’s new $36 million investment in the facility, which produces enzymes for renewable fuels, will increase the plant’s […]
In Denmark, Novozymes announced that sales in Q1 grew by 3% organically and by 4% in DKK, mainly driven by Food & Beverages and Bioenergy. EBIT grew by 6%, and the EBIT margin improved by 0.7 percentage point to 27.0%. Adjusting for the extraordinary costs related to the lay-offs in January, the EBIT margin would […]
In Denmark, Novozymes announces the launch of the Spirizyme T Portfolio, an advanced suite of glucoamylase enzymes with trehalase and other yield enhancing activities that provide the most total sugar conversion in the industry. Trehalase is an enzyme that converts trehalose, a type of sugar that cannot be fermented to ethanol, to glucose, which is […]
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%. […]
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 political circles, the theme of “Better Together” has been under siege of late — barely winning (for now) in the Sctoland independence, debate, and losing unexpectedly in the Brexit vote — but it remains a theme for surviving and thriving in the advanced bioeconomy. We tipped it a few months ago, in “The Rise […]
