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DuPont Acquired Verdezyne Sugar-to-Fuels Enzyme Technology

Dec. 17 (Bloomberg) -- DuPont Co., the largest U.S. chemical maker by market value, bought from Verdezyne Inc. the rights for an enzyme technology that’s used to convert sugar into fuel and chemicals.

The patented xylose isomerase technology is used to metabolize pentose sugar in biomass, closely held Verdezyne, based in Carlsbad, California, said today in a statement. Terms of the purchase weren’t disclosed.

Link to Statement:{NSN MF6ES03V7UAI <GO>}

Link to Company News:{DD US <Equity> CN <GO>} Link to Company News:{8169804Z US <Equity> CN <GO>}

To contact the reporter on this story: Ehren Goossens in New York at egoossens1@bloomberg.net

To contact the editor responsible for this story: Will Wade at wwade4@bloomberg.net

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