Novozymes welcomes new US biofuel requirements

US authorities are now significantly increasing requirements for renewable fuel volumes for 2017 and this will likely involve increased use of enzymes from Denmark's Novozymes.

Photo: Novozymes/ PR

The US government has set out its 2017 requirements for the amount of bio-ethanol which energy producers must mix into US gasoline and diesel and the new level is record-high. This is good news for the otherwise pressured Danish enzyme company Novozymes.

The company's largest market is the US, meaning that it can likely look forward to supplying more enzymes to US ethanol producers, but the requirements come as bad news for US oil companies, on the other hand.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Siemens Gamesa to squeeze GE's flagship out of US market

The ongoing patent lawsuit between GE and Siemens Gamesa stands to greatly backfire for the US giant, which could force players such as Ørsted to find new offshore wind turbines. The power company itself claims this risks leading to ”potentially irreversible” delays on a gigawatt-scale project.

Norway plans to control hydro to safeguard power supply

With the country’s hydroelectric reservoirs now at low levels after a dry spring, Norwegian policymakers consider reducing electricity export to Europe, but any move to do so, barring emergency, must adhere to single energy market regulations, says interest group.

Further reading

Related articles

Latest News

See all jobs