Novozymes to invest up to $200M in enzyme plant in Nebraska

03/24/2009 | Google

Danish firm Novozymes is scheduled to announce today its plan of investing as much as $200 million in the construction of an enzyme plant in Blair, Neb. Novozymes North America President Lars Hansen said he is optimistic in the ethanol sector, which uses enzymes to break down starch in corn, because of a federal mandate that requires gasoline to be blended with 36 billion gallons of biofuel by 2022.

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