EnergyWatch

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

WindEurope warns against negative auction bids

If more countries introduce negative bids, where firms pay to establish wind projects, it could lead to higher electricity bills or more pressure on the supply chain, says the industry association.

BW Offshore halved bottom line in Q1

The Norwegian firm reports decline in several items compared to the same quarter of 2021 but predicts fine advancement in the rest of 2022, for which both floating wind projects and high energy prices show promise.

Equinor exits Russia

Norwegian oil company Equinor has taken its final step out of the Russian market by transferring joint venture assets to Rosneft.

Further reading

Related articles

Latest News

See all jobs