Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Novozymes Targets Top of Sales Range on Enzymes's Growth

Novozymes A/S, 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.

Sea6, based in Chennai, India, is developing technology to cultivate seaweed on a large scale in offshore structures, Monroe said.

“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.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.