Presentation - Novozymes
Presentation - Novozymes
Presentation - Novozymes
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
It’s a Big Market and Margins Matter<br />
In 2011, The US corn<br />
ethanol industry<br />
purchased corn for more<br />
than 30bn USD<br />
<strong>Novozymes</strong> estimates<br />
that up to 7% of the<br />
starch in a kernel is not<br />
converted to ethanol<br />
If our technology can<br />
convert an extra 1 %-<br />
point, we tap into a value<br />
potential of ~300m USD<br />
14