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Novozymes and Sinopec sign bioethanol deal

Novozymes and Chinese COFCO have entered a partnership with the Chinese oil and energy company Sinopec to develop bioethanol from agricultural waste.

Together the three partners cover the entire value chain of bioethanol production and distribution and they aim to develop a commercial-scale process for producing second-generation bioethanol from corn stover.

Steen Riisgaard, CEO at Novozymes, says: “Second-generation bioethanol production in China holds vast potential for Novozymes…, and we expect to be the first company with enzymes ready for large-scale production by 2010."

Novozymes, which produces industrial enzymes, has developed conversion processes and the enzymes necessary for turning agricultural waste into second-generation bioethanol.

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