What activities has Novozymes conducted in the area of biomass?
In 2001, in conjunction with the US Department of Energy (DoE) and the National Renewable Energy Labs (NREL), Novozymes was awarded a subcontract for “Cellulase Cost Reduction for Bioethanol.” The stated goal of this subcontract was a 10-fold enzyme cost reduction to hydrolyze pretreated corn stover into simple sugars. The subcontract lasted four years, ending in February 2005, and was funded at USD 17.8 million (matching funds). Upon completion of the contract, Novozymes in conjunction with NREL announced a 30-fold enzyme cost reduction in the conversion of pretreated corn stover to ethanol. Read the full press release for more information. More recently, in February 2008, the U.S. Department of Energy has again selected Novozymes to participate in a project to further develop enzymes for cellulosic ethanol production. Novozymes’ Project DECREASE (Development of a Commercial-Ready Enzyme Application System for Ethanol) aims to improve the performance of Novozymes’ most advanced cellul
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