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DuPont Industrial Biosciences Awarded Grant for High-Efficiency Biogas Enzyme Production
  • USA - English


News provided by

DuPont

Jan 26, 2017, 06:00 ET

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LEIDEN, The Netherlands (PRWEB) January 26, 2017 -- DuPont Industrial Biosciences has been awarded a grant from the European Commission to demonstrate high-efficiency enzyme production to increase biogas yields as part of the DEMETER project, funded from the Bio Based Industries Joint Undertaking under the European Union’s Horizon 2020 Research and Innovation program. Enzyme technology has been proven to improve biogas yields and process robustness, ultimately increasing customers’ revenue and profitability while increasing offerings in renewable energy.

Ultimately, this project will demonstrate to biomethane producers the power of enzymes to improve biogas yields and process robustness, ultimately increasing their revenue and profitability.

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The DEMETER project is expected to demonstrate a yield increase and cost reduction in the production process for biogas enzymes, which can improve the economics of biogas production in Europe. DEMETER includes an entire value chain of biogas experts including: DuPont (enzymes), Miavit (biogas ingredients distributor), BioBase Europe (pilot plant), OWS (anaerobic digester expertise), DBFZ (biogas research centre), Ciaotech (economic and environmental evaluation), and Biomoer (biogas farm). The project is expected to be completed over the next three years.

“DuPont is proud to be a partner in project DEMETER and to apply our decades of experience in the global industrial enzyme business to supporting the continued growth of the biogas sector in the European Union and around the world,” said Conrad Burke, global marketing director. “Ultimately, this project will demonstrate to biomethane producers the power of enzymes to improve biogas yields and process robustness, ultimately increasing their revenue and profitability.”

The grant will be used to improve and scale-up the enzyme-producing fermentation process to reach a cost reduction of at least 15 percent and to demonstrate the efficiency of the enzymes in biogas field trials in Europe. Methane biogas is primarily used to generate electricity or is compressed and inserted into the pipeline gas grid.

DuPont has recently developed a new enzyme product, derived from Myceliophthora thermophila C1, that in recent field trials has shown a promising 10 percent cost-reduction in the production of biogas from organic waste. In November 2016, DuPont Industrial Biosciences and MIAVIT GmbH announced a supply agreement where DuPont will supply its FIBREZYME® G4 enzyme biotechnology to MIAVIT for inclusion in MiaMethan® ProCut, a new biogas ingredient for the agricultural sector sold by MIAVIT. DuPont Industrial Biosciences also recently partnered with the American Biogas Council and the United States Department of Energy to host Using Biotechnology to Drive Progress in the Biogas Industry, a webinar discussing opportunities and challenges facing biogas producers in today's global market.

DuPont Industrial Biosciences works with customers across a wide range of industries to make products and industrial processes more efficient and sustainable. Through a unique combination of agriculture, biotechnology, chemistry and material science capabilities, we advance market-driven, biobased solutions to meet the needs of a growing population, while protecting our environment for future generations. For updates about how DuPont Industrial Biosciences is helping customers deliver cost-effective products with superior performance and sustainability, follow @DuPontBiobased on Twitter or visit our website at http://biosciences.dupont.com/.

DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit http://www.dupont.com.

Forward-Looking Statements: This communication contains “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “target,” similar expressions, and variations or negatives of these words. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about the consummation of the proposed transaction and the anticipated benefits thereof. Forward-looking statements are not guarantees of future performance and are based on certain assumptions and expectations of future events which may not be realized. Forward-looking statements also involve risks and uncertainties, many of which are beyond the company’s control. Some of the important factors that could cause the company’s actual results to differ materially from those projected in any such forward-looking statements are: fluctuations in energy and raw material prices; failure to develop and market new products and optimally manage product life cycles; ability to respond to market acceptance, rules, regulations and policies affecting products based on biotechnology and, in general, for products for the agriculture industry; outcome of significant litigation and environmental matters, including realization of associated indemnification assets, if any; failure to appropriately manage process safety and product stewardship issues; changes in laws and regulations or political conditions; global economic and capital markets conditions, such as inflation, interest and currency exchange rates; business or supply disruptions; security threats, such as acts of sabotage, terrorism or war, natural disasters and weather events and patterns which could affect demand as well as availability of products for the agriculture industry; ability to protect and enforce the company’s intellectual property rights; successful integration of acquired businesses and separation of underperforming or non-strategic assets or businesses; and risks related to the agreement entered on December 11, 2015, with The Dow Chemical Company pursuant to which the companies have agreed to effect an all-stock merger of equals, including the completion of the proposed transaction on anticipated terms and timing, the ability to fully and timely realize the expected benefits of the proposed transaction and risks related to the intended business separations contemplated to occur after the completion of the proposed transaction. The company undertakes no duty to publicly revise or update any forward-looking statements as a result of future developments, or new information or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws.

# # #

1/26/17

The DuPont Oval logo, DuPont™ and all products, unless otherwise noted, denoted with ™, ℠ or ® are trademarks or registered trademarks of E.I. du Pont de Nemours and Company or its affiliates.

Wendy Rosen, DuPont, +1-650-284-6429, [email protected]

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