Genencor Wins Funding to Develop Advanced Biomass Enzymes
Genencor is one of four companies the DOE chose to receive part of a total investment of up to $33.8 million over four years. The initial work plan will cover two years with a possible extension, if needed.
29/02/08 Genencor, a division of Danisco has announced that it has been awarded funding by the U.S. Department of Energy (DOE) to develop improved enzyme systems for cellulosic ethanol production.
Genencor is one of four companies the DOE chose to receive part of a total investment of up to $33.8 million over four years. The initial work plan will cover two years with a possible extension, if needed. The amount of the award will be set after the technical work plan is finalized with the agency. The award amount will be equally matched by the company.
In 2000, Genencor was the first industrial biotechnology company to win an enzyme improvement contract from the DOE. This new award provides the funding to improve the biomass enzymes further using advanced tools of protein engineering. Genencor will collaborate with the National Renewable Energy Laboratory (NREL) and others.
