Novozymes aims to grow bioenergy with yeast and more business in Brazil

Novozymes is banking on larger sales of its yeast product Innova and deeper penetration into the Latin American market creating growth for the bioenergy division in 2020. However, the business area is simply bound to high uncertainty, says CFO Lars Green.
Photo: Novo Nordisk / PR
Photo: Novo Nordisk / PR

The stage was set for a real nightmarish read from Novozymes when the Danish enzyme maker presented its annual financial statement Thursday morning.

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