In Denmark, Novozymes, the world leader in bioinnovation and industrial enzymes, today reported a first quarter of 2013 in line with expectations. Organic sales growth was 5% (4% DKK, 5% LCY) compared with Q1 2012. EBIT grew by 4%, and the EBIT margin was 24.9% – on par with the first quarter of 2012. The […]
In South Africa, the first shipment of factory equipment has arrived at Plandai Biotechnology’s production facility in South Africa. The processing line will be used in the Company’s proprietary extraction process, which produces botanicals with a higher degree of bioavailability than other botanical phytonutrients on the market. Installation, calibration and testing of the equipment is […]
In Finland, Stora Enso plans to launch a Group streamlining and structure simplification project intended to achieve annual fixed cost savings of EUR 200 million, including the earlier announced EUR 30 million in the Building and Living Business Area, with the full impact starting from the second quarter of 2014. Stora plans to change from […]
In India, the Business Standard reports that DuPont seeks to expand its presence in India, with an eye to partner with Indian companies in the animal nutrition, fabric care, household and textile industries, using DuPont Industrial Biosciences technologies and biobased solutions. Jim Collins, president of DuPont Industrial Biosciences, is quoted telling reporters, “With a growing […]
In Missouri, Monsanto announced plans to bring together its St. Louis-based industry-leading research and development team on one campus when it completes a more than $400 million expansion at its Chesterfield Village Research Center. The company plans to begin work this summer and expects to add 675 jobs across St. Louis County over the next […]
In Washington, U.S. Senator Barbara Boxer and and Congressman Peter DeFazio introduced the Genetically Engineered Food Right-to-Know Act, bipartisan legislation that would require the Food and Drug Administration to clearly label genetically engineered foods so that consumers can make informed choices about what they eat. More than one and a half million Americans have filed […]
Toray demonstrates products made from renewable PBT — another landmark step in “replacing the whole barrel of oil”. In California, Toray Industries announced that it has successfully made a partially bio-based PBT (polybutylene terephthalate) using 1,4-butanediol (BDO) made with Genomatica’s bio-based process technology. Toray is the first company to publicly confirm successful PBT polymerization of […]
Strong Involvement from Strategic Investors Representing almost 91 Percent of Deals China Remains Active, India Shows Projected Growth In New York, PwC reports that U.S. transactions led M&A activity in the chemicals industry in the first quarter of 2013 by driving almost 45 percent of the total deal value as companies focused on domestic growth. […]
What Do I Absolutely Need to Know About… Florida’s repeal of the state’s Renewable Fuel Standard. Bob Dinneen, CEO of the Renewable Fuels Association, and Tom Buis, CEO of Growth Energy said: “A pyrrhic victory for ethanol detractors. It substantively changes nothing because the state mandate was redundant. The federal Renewable Fuel Standard will still […]
In Texas, the Sorghum Checkoff in collaboration with MMR Genetics (NuSeeds America) and USDA-Agricultural Research Service released 50 new sources of sorghum germplasm this week through the reinstated Sorghum Conversion Program. This is the program’s second of three scheduled releases of sorghum germplasm. The reinstated sorghum conversion program releases make more of the world’s inventory of sorghum […]
