Novozymes opens advanced biofuels facility in US

Novozymes opens advanced biofuels facility in US

11:33 AM, 1st June 2012
Novozymes opens advanced biofuels facility in US
Peder Holk Nielsen, Executive Vice President, Novozymes.

BLAIR, US: Novozymes inaugurates new advanced biofuels facility in Blair, Nebraska. The facility with $200 million investment will create 500 jobs and specialize in making world-leading enzymes, a key technology component for both the existing and advanced biofuels markets. In 2012-13, several advanced biofuel plants will open around the world, including Shengquan in China, Beta Renewables in Italy, GraalBio in Brazil and Fiberight in the United States.

Global production capacity of advanced biofuels is expected to reach 15 million gallons in 2012 and for 2014, 250 million gallons are under planned construction. 10 per cent blend of biofuels in US gasoline reduces gas prices for consumers by about a dollar a gallon. With volatility in many key oil-producing regions and the cost of producing oil continuing to rise, biofuels can make an even bigger impact.

“Advanced biofuels are taking off. With private investments, biofuel plants are opening around the world and we’re proud our Blair facility is prepared to supply enzymes to some of the first advanced biorefineries, as well as to the existing industry. The United States is the world’s largest biofuels market today and many of the new advanced biofuels plants will be located in the US Midwest, one of the main reasons we chose Nebraska for our new site,” said Peder Holk Nielsen, Executive Vice President, Novozymes.

© WOC News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Air Liquide to invest €100 million at Bayer MaterialScience’s site

PARIS, FRANCE: Air Liquide has signed a long term contract with Bayer MaterialScience for the provision of large amounts of hydrogen and carbon monoxi ...

Read more
PhosChem to supply DAP to two Indian customers

LINCOLNSHIRE, US: Phosphate Chemicals Export Association (PhosChem) reached agreement to supply 500,000 to 700,000 tonne of diammonium phosphate (DAP) ...

Read more
Lanxess to build polyamide plastic plant in Belgium

ANTWERP, BELGIUM/LEVERKUSEN, GERMANY: Lanxess is investing €75 million in the construction of a new plant for high-tech plastics in Antwerp. The ...

Read more
Drug resistance of swine flu virus, explains new study

BRISTOL, UK: Adrian Mulholland, Professor, University of Bristol and Dr Christopher, Professor, University of Bristol with colleagues in Thailand, use ...

Read more
H B Fuller to close five European facilities, cuts 370 jobs

ST PAUL, US: H B Fuller Company intends to make several organizational changes to support its growth and profitability strategy in the Europe, India, ...

Read more
Polyplex to build $150 million plastics plant in Turkey

NOIDA, INDIA: Polyplex Corp Ltd, an Indian manufacturer of polyester film, will build a $150 million plastics plant in Turkey and plans another invest ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X