Genencor Receives 2009 New Product Innovation Award for Biomass Enzymes

Jan 13, 2010, 08:49 ET from Genencor

Frost & Sullivan Recognizes Accellerase(R) Products For Critical Role in Biofuels Development

PALO ALTO, Calif., Jan. 13 /PRNewswire/ -- Genencor, a division of Danisco A/S, is the recipient of the Frost & Sullivan 2009 New Product Innovation Award for Biomass Enzymes. The award was granted for Genencor's Accellerase® product line, enzymes used to convert biomass into sugar, a critical step in the production of cellulosic ethanol and other advanced biofuels and biochemicals.

According to Frost & Sullivan, the Accellerase® product line provides feedstock and pre-treatment flexibility, better process economics, accessory products and versatility, which are all significant advantages that make it stand out from the competition.

"In the wake of the 2009 United Nations Climate Change Conference in Copenhagen, the worldwide drive for alternative, renewable fuels to help combat climate change is greater than ever," said Philippe Lavielle, executive vice president of business development for Genencor. "We are thrilled to be part of this international effort and honored to accept this award from Frost & Sullivan."

"Genencor has a long tradition of world-class research and development to accelerate biofuels development by creating cellulosic enzyme products that cost-effectively break down non-food feedstocks," said Bjarne Adamsen, vice president of business development for Genencor. "To be recognized for our efforts by such prestigious organizations — first with the American Institute of Chemical Engineers (AIChE) Sustainable Energy Award in November and now by Frost & Sullivan — is truly an honor."

"It is with great pleasure that we present the 2009 New Product Innovation Award for Biomass Enzymes to Genencor, a company that is poised to make a significant contribution to the sustainable energy industry," said Frost & Sullivan research analyst Christina Priya Dhanuja. "Because Accellerase® addresses key process economics challenges, and provides a greater degree of feedstock and pre-treatment flexibility, Genencor has the potential to attract both biorefinery customers and traditional fossil fuel refiners that are transitioning into the biofuels market."

Genencor supplies Accellerase® products as part of its dual strategy to drive forward the cellulosic ethanol industry, which includes its dedicated enzyme business, and its joint venture DuPont Danisco Cellulosic Ethanol LLC (DDCE), which develops and provides integrated technology packages for biomass ethanol production.

For further information, please contact:

Francis Stalder

+31 71 5686 168

francis.stalder@danisco.com

About Genencor

Genencor, a division of Danisco A/S, is a world leader in industrial biotechnology and a pioneer in enzyme innovation. Genencor improves process and product performance for a spectrum of industries. As part of a large global organization, Genencor has a manufacturing and distribution network that spans more than 40 countries. In collaboration with customers, technology leaders and other stakeholders, Genencor supplies competitive, biobased solutions. These innovations create value throughout the supply chain, from raw material to finished product.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages almost 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

SOURCE Genencor