In Denmark, Novozymes recently updated their Enzymatic Biodiesel Handbook. Written from the perspective of operators and production engineers, this handbook explains the most important technical and practical considerations to be taken into account when evaluating, analyzing and operating an enzymatic biodiesel process. Best of all, it’s free to download.
Novozymes, Bloomberg, KLM, Boeing, RSB, Carbon War Room, FAO, UN Foundartion, PANGEA, NEPAD, ICAO, Sky NRG, and the Inter-American Development Bank aim to “facilitate the development and deployment of sustainable bioenergy solutions…and doubling the use of renewable energy.” Seven projects underway in Bioenergy and Food Security, Sustainable Aviation, Policy Tools, Sustainability Certification and Sustainable Bioenergy […]
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 […]
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 […]
Thought Leadership: The Digest speaks with Sebastian Soederberg, Novozymes’ VP for Biomass Conversion on the cellulosic ethanol industry. Sebastian, you are fond of saying that the cellulosic ethanol production is a technology that is evolving beyond market hype to commercialization. Why? If you look at charts of installed capacity since the 1990s for a variety of clean-tech […]
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 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 […]
US Senate passes tax extenders through 2014 only; biodiesel tax credit renewed, but will expire again in two weeks.
In Washington, the US Senate passed the tax extenders bill, including the $1 per gallon biodiesel tax credit, 76-16. The tax extender legislation including a one-year retroactive extension of four key advanced biofuels tax provisions as part of a larger package of tax credit extensions. These four advanced biofuels incentives include: (1) the Second Generation […]