An announcement from the conference:
Novozymes launches the first commercially viable enzymes for production of biofuel from agricultural waste. Breakthroughs in enzyme technology enable cellulosic biofuel as a competitive alternative to gasoline.
Novozymes’ new Cellic® CTec2 enzymes enable the biofuel industry to produce cellulosic ethanol at a price below $2 per gallon for the initial commercial-scale plants that are scheduled to be in operation in 2011. This cost is on par with gasoline and conventional ethanol at the current US market prices.
“We have been working on this for the past 10 years and promised our customers and the market to be ready by 2010,” says Novozymes' CEO, Steen Riisgaard. “I'm extremely pleased to announce that we're ready. The enzymes are ready. Biofuel producers now have a critical component to turn agricultural waste into a competitive alternative to gasoline.”
More about the conference here.
Wednesday, February 17, 2010
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