In Denmark, enzymes leader Novozymes and leading pesticides firm FMC have announced a partnership in the biocontrol segment. Under the terms of the deal, the two companies have agreed to codevelop and commercialize biological enzyme-based crop protection solutions focusing on FMC’s diamide insecticide technology, as well as a biocontrol solution for Asian Soybean Rust (ASR), […]
Looking for some good news? Well, look no further as hot off the press is good news from several Hot50 winners starting with plant-based omega-3 pioneers, Qualitas Health, DBA iwi, which has secured $10 million in venture funds at a $73 million post-money valuation, to accelerate growth and build their unique plant-based protein. And Fluid […]
In Denmark, the European Investment Bank (EIB) has signed a $122 million loan with Novozymes. The financing will support the company’s R&D investment plans for the coming years, and will mainly benefit R&D activities for discovering and producing enzymes that can be used in both industrial and home activities, reducing the need for traditional chemical products. […]
In Denmark, Novozymes has expanded its portfolio of innovative enzyme solutions for the bioenergy industry with the launch of Fortiva Hemi. The unique new product brings novel enzymes to liquefaction that enable unmatched substrate conversion to deliver the highest corn oil and ethanol yields possible. Effective across the broadest pH and temperature ranges, it is […]
In Denmark, Novozymes reports that the 2020 organic sales growth outlook is now expected at 0%, from previously -2% to +2% following reduced uncertainty to the market development, and a new reporting structure has been introduced as a result of the recent organizational changes, including new segments like “Grain & Tech Processing”. Their new segments […]
In Denmark, Novozymes released Q3 and year to date reporting that showed satisfactory performance despite COVID-19 implications. Q3 impacted by destocking, as expected. Full-year EBIT margin and FCF outlook raised. Organic sales growth outlook maintained with midpoint of range as the most likely outcome. Organic sales growth of 1% (Q3: -3%) in the first nine […]
In Denmark, Novozymes announced the launch of Fiberex, a comprehensive platform based on novel enzymes and yeast strains to convert corn fiber into ethanol. Fiberex is specifically aimed at breaking down tough fibers in the corn, providing producers with greater operational flexibility. The technology converts a low-value by-product into high-value, low-carbon fuel while also enabling […]
In Denmark, Novozymes is making changes to the Executive Leadership Team and created a new two-divisional structure – Consumer Biosolutions and Agriculture & Industrial Biosolutions – to allow for a stronger differentiation between sustainable solutions with consumer benefits, and sustainable solutions focusing on maximizing yields and optimizing processes for customers. This approach will drive stronger […]
In Denmark, with 4% organic growth in first half-year of 2020, Novozymes delivered a solid first half-year performance despite headwinds in the Bioenergy business. Novozymes’ biggest business area, Household Care, performed very well with sales growth of 11%, Food & Beverages grew by 7%, and Agriculture grew by 17%, while Bioenergy and Technical & Pharma […]
Like a cool glass of lemonade on a hot summer day, The Digest brings you the hottest Top 10 slide guides so far from this crazy year. It’s about the halfway point of 2020 and time to make lemonade from lemons, sit on the front porch, reflect on the year so far and where you […]
