Novozymes projects cellulosic ethanol enzyme costs as low as $0.50 per gallon by 2010

At World Biofuels Markets, Novozymes global marketing manager Cindy Bryant credited the company’s Cellic enzyme product family for “achieving the best cost/performance ratio seen so far” and helping to enable cellulosic ethanol pioneers to make CE a reality. Bryant said that Cellic had a wide versatility proven on different feedstocks and processes, and that the company expects enzyme costs for cellulosic ethanol to come down to the $0.50-$1.50 per gallon range by 2010, down from $2.00-$4.75 per gallon in 2007.

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