- Email: [email protected]
Novozymes aims to boost turnover growth through bioagriculture
FOCUS Novozymes aims to boost turnover growth through bioagriculture Novozymes has set itself the target of boosting its turnover growth by increasing sales of microorganisms in the US, Canada, Argentina, Brazil, Europe, and China. The growth will be organic rather than through acquisitions. Novozymes has a 10% share of the $1 bn bioagriculture market. It is expected to supply enzymes to 20-25 cellulose-based ethanol-production facilities from 2015 to 2017. Novozymes has a 47% share of the global market for industrial enzymes and a 60% share of the global market for ethanol production enzymes. Original Source: NP Investor, website: http://www.npinvestor.dk/ (18 Mar 2013) (in Danish) © NPinvestor A/S 2013
Novozymes teams up with Beta Renewables Industrial enzymes producer Novozymes and cellulosic biofuels major Beta Renewables disclosed in late 2012 a deal to jointly market cellulosic biofuel solutions. Under the agreement, Novozymes will purchase a 10% stake in Beta Renewables for about $115 M. The firms will offer a combination of Novozymes’ Cellic enzymes and Beta Renewables’ PROESA engineering and production technology, which will guarantee biofuel production costs upon start-up of a cellulosic plant. Beta Renewables, which is part of Italy’s Mossi & Ghisolfi group, is expected to contract 15-25 new plants through 2016-2017. The plants have the potential to generate sales of up to $175 M. The $200 M PROESA process will be used in a cellulosic ethanol plant in Crescentino, Italy that is slated for start-up by end2012. Beta Renewables and GraalBio will also construct at least one plant in Brazil. Gruppo Mossi & Ghisolfi has been granted a loan guarantee of $99 M by the US Department of Agriculture for the building of a cellulosic biofuel plant in North Carolina. Original Source: Oils and Fats International, Feb 2013, 29 (2), 4 (Website: http://www.oilsandfatsinternational.com/) © Quartz Business Media Ltd 2013
Novozymes acquires Iogen BioProducts Novozymes has bought Iogen BioProducts for C$67.5 M as well as MAY 2013
ON
C ATA LY S T S
C$12.5 M in possible earn-out payments. Iogen Bio-Products is the industrial enzyme unit of Ottawa, ON, Canada-based Iogen. Original Source: Chemistry and Industry (London), Mar 2013, 77 (3), 19 (Website: http://www.soci.org/) © Society of Chemical Industry 2013
Oxford Catalysts: intellectual property enforcement Oxford Catalysts Group has announced that on 19 March 2013 its US subsidiary Velocys Inc filed a case in the UK High Court against CompactGTL Limited alleging infringement of a number of the group’s patents. The group owns or has exclusive licence to the world’s largest microchannel patent portfolio, encompassing 800+ patents with 25,000+ patent claims across the globe. The group continues to patent, with 87 patents having been granted in the past 12 months. Its patents are high profile, having been cited 3000+ times in other people’s patents, including those of: Air Liquide; Air Products; Chevron; ConocoPhillips; ExxonMobil; Linde; Marathon; Praxair; Shell; Texaco; Total/Fina; Uhde; and UOP. The strength of the group’s IP continues to be proven: recently, the group successfully defended 7 patents against invalidity challenges in the US. Original Source: Oxford Catalysts, 115E-H Milton Park, Abingdon, Oxfordshire OX14 4RZ, UK, tel: +44 (0)1235 841 70, fax: +44 (0)1235 841 701, email: [email protected], website: http://www.oxfordcatalysts.com/ (20 Mar 2013) © Oxford Catalysts Group plc 2013
Perstorp sells Formox to Johnson Matthey Perstorp announces the sale of its formaldehyde technology and catalyst business, Formox to Johnson Matthey, a global speciality chemicals company and a leader in sustainable technologies. The divestment is in line with Perstorp’s strategy to focus on and expand its core speciality chemicals activities. Formox is the leading global provider of catalysts, plant designs and licenses for the manufacture of formaldehyde, an important chemical intermediate. It has developed a market leading range of novel metal oxide based catalysts for the production of formaldehyde from methanol and is the leading provider of process technology for
metal oxide based formaldehyde production plants with an installed base of around 120 plants worldwide. Formox also provides a full recycling and refining service for spent metal oxide catalysts and manufactures platinum based VOC abatement catalysts for formaldehyde plants. The business is based in Perstorp, Sweden, and employs 100 people in Sweden, China, Singapore and the US. Millington Advisory Partners acted as exclusive financial advisor to Perstorp in relation to the transaction. Original Source: Perstorp AB, SE 284 80, Perstorp, Sweden, tel: +46 435 38000, fax: +46 435 38100, e-mail: [email protected], website: http://www.perstorp.com (28 Mar 2013) © Perstorp AB 2013
Rockwood to purchase partner’s interest in jv Rockwood Holdings will acquire its partner Kemira’s 39% stake in their titanium dioxide jv Sachtleben for about $130 M. The venture is a noncore business for both companies. Rockwood intends to seek the best option for Sachtleben. Original Source: Chemical and Engineering News, 18 Feb 2013, 91 (7), 27 (Website: http://www.cenonline.org) © American Chemical Society 2013
Strem Chemicals Inc commercialises catalysts designed by the Catalan Chemical Research Institute of Tarragona Strem Chemicals Inc is commercialising catalysts designed by the Catalan Chemical Research Institute of Tarragona. A new synthesis process allows organocatalysts to be produced at competitive prices. These catalysts enable the production of compounds of interest to pharmaceutical companies. Original Source: Quimica e Industria, Jan-Mar 2013, 61 (604), 61 (Website: http://www.anque.es/) (in Spanish) © ANQUE – General Chemical Council 2013
Grace Catalysts Technologies announces price increase Grace Catalysts Technologies, an operating segment of WR Grace & Co has announced pricing and market related actions in its Refining Technologies business. Grace is discontinuing the rare earth surcharge
5
Novozymes teams up with Beta Renewables Industrial enzymes producer Novozymes and cellulosic biofuels major Beta Renewables disclosed in late 2012 a deal to jointly market cellulosic biofuel solutions. Under the agreement, Novozymes will purchase a 10% stake in Beta Renewables for about $115 M. The firms will offer a combination of Novozymes’ Cellic enzymes and Beta Renewables’ PROESA engineering and production technology, which will guarantee biofuel production costs upon start-up of a cellulosic plant. Beta Renewables, which is part of Italy’s Mossi & Ghisolfi group, is expected to contract 15-25 new plants through 2016-2017. The plants have the potential to generate sales of up to $175 M. The $200 M PROESA process will be used in a cellulosic ethanol plant in Crescentino, Italy that is slated for start-up by end2012. Beta Renewables and GraalBio will also construct at least one plant in Brazil. Gruppo Mossi & Ghisolfi has been granted a loan guarantee of $99 M by the US Department of Agriculture for the building of a cellulosic biofuel plant in North Carolina. Original Source: Oils and Fats International, Feb 2013, 29 (2), 4 (Website: http://www.oilsandfatsinternational.com/) © Quartz Business Media Ltd 2013
Novozymes acquires Iogen BioProducts Novozymes has bought Iogen BioProducts for C$67.5 M as well as MAY 2013
ON
C ATA LY S T S
C$12.5 M in possible earn-out payments. Iogen Bio-Products is the industrial enzyme unit of Ottawa, ON, Canada-based Iogen. Original Source: Chemistry and Industry (London), Mar 2013, 77 (3), 19 (Website: http://www.soci.org/) © Society of Chemical Industry 2013
Oxford Catalysts: intellectual property enforcement Oxford Catalysts Group has announced that on 19 March 2013 its US subsidiary Velocys Inc filed a case in the UK High Court against CompactGTL Limited alleging infringement of a number of the group’s patents. The group owns or has exclusive licence to the world’s largest microchannel patent portfolio, encompassing 800+ patents with 25,000+ patent claims across the globe. The group continues to patent, with 87 patents having been granted in the past 12 months. Its patents are high profile, having been cited 3000+ times in other people’s patents, including those of: Air Liquide; Air Products; Chevron; ConocoPhillips; ExxonMobil; Linde; Marathon; Praxair; Shell; Texaco; Total/Fina; Uhde; and UOP. The strength of the group’s IP continues to be proven: recently, the group successfully defended 7 patents against invalidity challenges in the US. Original Source: Oxford Catalysts, 115E-H Milton Park, Abingdon, Oxfordshire OX14 4RZ, UK, tel: +44 (0)1235 841 70, fax: +44 (0)1235 841 701, email: [email protected], website: http://www.oxfordcatalysts.com/ (20 Mar 2013) © Oxford Catalysts Group plc 2013
Perstorp sells Formox to Johnson Matthey Perstorp announces the sale of its formaldehyde technology and catalyst business, Formox to Johnson Matthey, a global speciality chemicals company and a leader in sustainable technologies. The divestment is in line with Perstorp’s strategy to focus on and expand its core speciality chemicals activities. Formox is the leading global provider of catalysts, plant designs and licenses for the manufacture of formaldehyde, an important chemical intermediate. It has developed a market leading range of novel metal oxide based catalysts for the production of formaldehyde from methanol and is the leading provider of process technology for
metal oxide based formaldehyde production plants with an installed base of around 120 plants worldwide. Formox also provides a full recycling and refining service for spent metal oxide catalysts and manufactures platinum based VOC abatement catalysts for formaldehyde plants. The business is based in Perstorp, Sweden, and employs 100 people in Sweden, China, Singapore and the US. Millington Advisory Partners acted as exclusive financial advisor to Perstorp in relation to the transaction. Original Source: Perstorp AB, SE 284 80, Perstorp, Sweden, tel: +46 435 38000, fax: +46 435 38100, e-mail: [email protected], website: http://www.perstorp.com (28 Mar 2013) © Perstorp AB 2013
Rockwood to purchase partner’s interest in jv Rockwood Holdings will acquire its partner Kemira’s 39% stake in their titanium dioxide jv Sachtleben for about $130 M. The venture is a noncore business for both companies. Rockwood intends to seek the best option for Sachtleben. Original Source: Chemical and Engineering News, 18 Feb 2013, 91 (7), 27 (Website: http://www.cenonline.org) © American Chemical Society 2013
Strem Chemicals Inc commercialises catalysts designed by the Catalan Chemical Research Institute of Tarragona Strem Chemicals Inc is commercialising catalysts designed by the Catalan Chemical Research Institute of Tarragona. A new synthesis process allows organocatalysts to be produced at competitive prices. These catalysts enable the production of compounds of interest to pharmaceutical companies. Original Source: Quimica e Industria, Jan-Mar 2013, 61 (604), 61 (Website: http://www.anque.es/) (in Spanish) © ANQUE – General Chemical Council 2013
Grace Catalysts Technologies announces price increase Grace Catalysts Technologies, an operating segment of WR Grace & Co has announced pricing and market related actions in its Refining Technologies business. Grace is discontinuing the rare earth surcharge
5