Deinove in partnership talks with Tereos

In France, Reuters is reporting that Jacques Biton, Deinove’s CEO spoke with them, stating that Denoive is involved in discussions with Tereos Internacional, the Brazil based unit of Tereos group and an as yet unnamed U.S. ethanol producer about using the deinococcus bacterium.  Biton also disclosed that his company was negotiating with yet another Brazilian company based on paper pulp.

Biton stated that Denoive wanted to find investors who would be willing and able to give the company cash cushion between 1 to 2 million euros.  Biton stated, “What we are looking for are industrial partnerships, and technological, and research, but I would like to have another industrial firm among our shareholders.”

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