Novozymes has underestimated fluctuating bioenergy industry

Growth in Novozymes' bioenergy division has fluctuated greatly. As such, CFO Prisca Havranek-Kosicek will not specify the size of bioethanol's part in the company's new strategy, annual organic growth of 5 percent up until 2022. Novozymes is watching developments in China with interest, however, where new admixture regulations will enter force during 2020.

by VICTOR EMIL KRISTENSEN

On Monday, Novozymes Chief Executive Peder Holk Nielsen and Chief Financial Officer Prisca Havranek-Kosicek present the company's strategy for the next three years.

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Novozymes downgrades following failing sales
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Novozymes' US growth outlook dwindles
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Novozymes CFO: Powerful momentum in bioenergy division
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