Novozymes, Sea6 Collaborate on Seaweed-to-Fuel Project in India
Stock Chart for Novozymes A/S (NZYMB)
Novozymes A/S (NZYMB), the world’s biggest maker of enzymes for biofuels, will collaborate with Sea6 Energy to convert seaweed into ethanol.
During the one-year partnership, Novozymes will develop enzymes to convert carbohydrates from seaweed into sugars, which can be fermented to produce ethanol, Adam Monroe, president of Bagsvaerd, Denmark-based Novozymes’ North American unit, said in a telephone interview. The sugars can also be processed into chemicals and proteins for food and fertilizers.
“Seaweed contains a lot of sugar per drymass, and most of the things you make from crude oil, you can make from sugar,” Monroe said. “Once we’ve sorted out the optimal cocktail, we’ll work with Sea6 on the best processes to make fuel.”
Novozymes said last week that 2012 sales growth probably will be at the top end of its forecast range. The company fell 0.4 percent to 157 kroner in Copenhagen yesterday.
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