Novozymes exec: Cellulosic ethanol could transform business

01/24/2013 | Bloomberg Businessweek

Enzyme developer Novozymes could get up to 90% of its revenue from sales to the biofuel market by 2030 if more countries embrace renewable energy, said incoming CEO Peder Holk Nielsen. The firm gets about 16% of its revenue from biofuel producers and less than 1% from cellulosic ethanol producers, Nielsen said. "If the world really wants to secure a significant part of its liquid-fuel consumption based on biomass, this would totally transform the enzyme business," he said.

View Full Article in:

Bloomberg Businessweek

Published in Briefs: