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.

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