Verenium targets biodiesel with Purifine PLC enzyme

In California, Verenium announced that sales of its Purifine phospholipase C (PLC) enzyme product will now also be targeted for use in pretreatment of oil for biodiesel production.  Verenium’s Purifine PLC product is a groundbreaking enzyme designed to improve yields and overall economics of edible oil and biodiesel production.

Verenium began marketing and selling Purifine PLC in 2008 for processing of edible oils and estimates the addressable global market for Purifine PLC in production of edible oils and biodiesel to be approximately $350 million annually. Verenium expects its first customer applying the enzyme for biodiesel production, engineered and implemented by Alfa Laval, to be fully operational in the first half of 2012.