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Danish firms launch 2nd generation biofuel enzymes
By John Acher
COPENHAGEN, Feb 15 (Reuters) - Denmark's Danisco (DCO.CO) launched on Monday a new enzyme for bioethanol production from plant waste material and rival Novozymes (NZYMb.CO) said it would unveil a competing product on Tuesday.
The Danish enzymes producers, which already sell enzymes for "first-generation" bioethanol are now vying to supply enzymes for "second-generation" biofuels made from farm waste such as straw or corn cobs instead of from food crops.
Commercial production of second-generation biofuels is still a year or two away though they are seen as part of plans laid out earlier this month by U.S. President Barack Obama to boost production of biofuels in a bid to promote clean energy and reduce dependence on foreign oil for the
Danisco's Genencor division launched its new product, called Accellerase DUET, at the Renewable Fuels Association's 15th Annual National Ethanol Conference in
Novozymes, the world's biggest industrial enzymes producer, said separately its Chief Executive Steen Riisgaard would address the
Novozymes spokesman Rene Tronborg confirmed that meant the launch of a new enzyme for second-generation biofuel production.
"It is the new product that will enable to break down the cellulosic walls in straw for example," Tronborg said. "Both Danish companies are rallying to be first."
"Biofuel production from straw is competitive with gasoline at today's
Obama said earlier this month that the
At the same time, however, the U.S. Environmental Protection Agency (EPA) lowered the requirement for ethanol and other renewable fuels this year to 8.25 percent of total gasoline sales from last year's 10.21 percent renewable fuel standard.
The EPA also cut the requirement for producing cellulosic ethanol this year to 6.5 million gallons from an original 100 million gallons, but said "a number of companies and projects appear poised to expand production over the next several years."
Danisco shares traded up 1.0 percent at 349.40 crowns, while Novozymes shares were flat at 539 crowns by 1112 GMT. (Additional reporting by Teis Jensen; editing by James Jukwey)
Danish groups claim biofuel breakthrough
Novozymes will on Tuesday claim a breakthrough in efforts to produce biofuels from agricultural waste a day after rival Danisco made its own push for leadership of what could become a multi-billion dollar industry.
Also says: “Novozymes, spun off from Novo Nordisk, the Danish pharmaceutical group, a decade ago, will tell a biofuel conference in
Danisco on Monday told the same conference that it too had made a technological advance with the launch of an enzyme that it predicted would become the industry standard “in terms of cost and performance”.
Novozymes to announce technological breakthrough at NEC Conference
World’s largest enzyme producer will reveal details on cellulosic ethanol technology
Who: Steen Riisgaard, CEO, Novozymes
What: Novozymes CEO to discuss advancements of commercial viability of cellulosic ethanol
When: Tuesday, February 16, 7:15 – 8:00 a.m. EST (1:15-2:00 pm CET)
Where: National Ethanol Conference, Gaylord Palms Resort and Convention Center
NEC Press Room –
Live audio/video webcast available at: http://www.livewebcast.net/novozymes
To access the webcast, please log on approximately 15 minutes before the scheduled time to receive email confirmation.
Why: To announce a technological breakthrough for cellulosic ethanol
Video: Novozymes B-roll will be available via satellite feed in the