Q2 - Novozymes

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Ways of producing fuel ethanol - dry milling processRaw materialProduction processIndexedproductioncostSugarcaneExtractionFermentation > FeedResidues-> > FeedFUEL ETHANOL~100100Pre-treatmentEnzymes FermentationResidues-> > FeedResidues-> > Burn it off?*>150Unlocking the magic of nature*In the US Department of EnergyBiomass-model the lignin residuewas burned to power the productionplant40
Recognised as a leader in sustainability<strong>Novozymes</strong> has been recognised on several occasions for its effortsin corporate sustainability:• Currently rated healthcare market sector leader in corporatesustainability in Europe and the World by Dow Jones SustainabilityIndexes• Member of other SRI indices• FTSE4Good indices• Kempen/SNS Smaller Europe SRI Index• Nordic Sustainability Index• Other achievements• Selected for global top-20 list of SRI investments by SustainableBusiness.com• Selected for ODDO securities SRI Selected list41Unlocking the magic of nature
Page 2 and 3: Key messages in 1H 2006• Healthy
Page 4 and 5: Detergent enzymes - business update
Page 6: Food enzymes - business update• S
Page 10 and 11: R&D news• Confident outlook for t
Page 13 and 14: Currency risk management• Favoura
Page 15 and 16: Business development update• Over
Page 17 and 18: GroPep acquisition proposalNovozyme
Page 19 and 20: Forward-looking statementsThis pres
Page 21 and 22: Novozymes - brief introduction• D
Page 23 and 24: Enzymes and microorganisms are used
Page 25 and 26: New products, applications and mark
Page 27 and 28: Current business composition- new p
Page 29 and 30: Novozymes strategy•New productsEn
Page 31 and 32: All long-term financial targets met
Page 33 and 34: Balance sheetDKK millionFixed asset
Page 35 and 36: How we produce enzymes? (I/II)Micro
Page 37 and 38: GroPep proposal - Strategy & ration
Page 39: GroPep financial figuresGroPep key
Page 43: Biotech-based world leaderin enzyme

Q2 - Novozymes

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