February 4, 2013

Weekly News Roundup

Here are last week's news roundup. I will post a separate one regarding Amyris' recent announcement of its Biofene shipment milestone.

Novozymes buys Iogen enzymes biz
Enzymes producer Novozymes has acquired Iogen Bio-Products, the industrial enzymes business of Ottawa-based Iogen Corp. for C$67.5m ($67.7m). The deal includes all commercial rights to Iogen Bio-Products' existing product portfolio, pipeline facilities and know-how with the exception of any assets related to Iogen Corp.'s bioenergy process technologies. The acquisition is expected to be finalized later this month.

Air Products completes phase 1 CCS project
Air Products is now operating Phase One of its two-stage carbon capture project from one of its steam methane reformers located within the Valero Port Arthur Refinery in Texas. The project will eventually capture 1m tons/year of carbon dioxide (CO2), which will be recovered, purified and transported by Air Products via a pipeline owned by Denbury Green Pipeline-Texas LLC for injection into the Denbury Onshore, an enhanced oil recovery project operated by West Hastings Unit. Phase two is to be onstream in April 2013.

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