Novozymes Sticks to Enzymes Sales Goal as China Slows

Lock
This article is for subscribers only.

Novozymes A/S, the largest maker of industrial enzymes, expects to achieve a target to sell its output to more than 15 cellulosic-ethanol plants by 2017 even as markets in the U.S. and China slow.

“That will happen, so I’m not so concerned,” Peder Holk Nielsen, chief executive officer of the Bagsvaerd, Denmark-based company, said in an interview in Beijing.