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· Chemical Engineering Online
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Novonesis (Lyngby, Denmark) has signed an agreement to acquire MicroBioGen (Sydney, Australia), a biotech specializing in industrial yeast strains used in bioethanol production. The deal builds on Novonesis’s 2013 investment and current 23% stake, deepening a decade-long collaboration to strengthen bioethanol production capabilities.

What impact do you think this acquisition could have on bioethanol yields and the competitiveness of biofuels in existing ethanol plants?

Novonesis to acquire MicroBioGen, bolstering bioethanol production capabilities

This article was originally posted on chemengonline.com.
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Novonesis A/S (Lyngby, Denmark) has signed an agreement with the intent to acquire MicroBioGen Pty Ltd (Sydney, Australia), an Australian biotechnology company with leading scientific expertise in yeast strains for industrial applications, particularly in bioethanol. The acquisition builds on Novonesis’ 2013 investment in MicroBioGen and its current 23% stake, further strengthening a decade-long collaboration in […]

The post Novonesis to acquire MicroBioGen, bolstering bioethanol production capabilities appeared first on Chemical Engineering.

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