novozymes - diplomacy matters institutediplomacymatters.org/programs/nc/5 - adam monroe... · 2013....
TRANSCRIPT
-
11/18/2010
Novozymes
Welcome!
-
Natures efficient technology
NOVOZYMES PRESENTATION2 12/21/2010
-
NOVOZYMES PRESENTATION
3
12/21/2010
Rethinking Tomorrow
Unique technology platform
• gene technology
• microbial techniques
• fermentation technology
-
NOVOZYMES PRESENTATION4 21/12/2010
CO2 COSTS PRODUCING 1KG ENZYME:
PLUS : 1-10 KG
CO2 SAVINGS USING 1 KG ENZYME IN THE MANUFACTURING OF CONSUMER PRODUCTS :
We reduce CO2 emissions together with our customers
CEREAL FOOD
3,800 KG
ANIMAL FEED
30 KG
OILS & FATS
1,300 KG
FOOD
200 KG
TEXTILES
100 KG
LEATHER
40 KG
BIOETHANOL
150 KG
PAPER
UP TO 600 KG BIOCATALYSIS
3,400 KG
DETERGENT
150 KG
28 Million Tons CO2 reduction in 2009
-
NOVOZYMES PRESENTATION5
World leader in bioinnovation
Business area
Main markets Detergent
Starch, textile, fuel
ethanol
Baking, brewing, food
specialitiesAnimal feed
Microorganisms within cleaning, plants, waste
Biopharma-ceutical
ingredients
Market share 55-60% 50-55% 30-35% ~40% 30-40% Not disclosed
% of total NZ sales (2007)
30% 30% 23% 10% 4% 3%
ENZYMES BIOBUSINESS
24/11/2008
-
6
Novozymes vision
”We imagine a future where our biological solutions create the necessary balance between better business, cleaner environment and better lives”.
-
7
Novozymes in brief
World leader in Industrial Enzymes & Microorganisms and Market leader in all main industries
More than 700 products used in 130 countries in >40 different industries
More than 5,000 employees world-wide Sales USD ~1.7bn (FY2009) Enzymes account for >90% of turnover Main production in USA, China and Denmark
Enzymes for industrial use- market size approx.* ~USD 2.9 billion
Novozymes business compositionSales 2008 ~ USD 1.5bn
DSM
6%
Danisco
21%
Novozymes
47%
Others
26%
Source: Novozymes 2008 estimates
Detergent31%
Technical30%
Food22%
Feed9%
Microorg.5%
BPI3%
-
8
2010 Financial Outlook
Key financials28.10.10
Outlook
12.08.10
Outlook
2009
Realized
Sales, DKKm - - 8,448
Sales growth, DKK 12−13% 10−12% 4%
Sales growth, LCY 9−10% 7−9% 2%
Sales growth, organic 9−10% 7−9% -
EBIT, DKKm - - 1,688
EBIT growth 24−25% 20−22% 12%
EBIT margin ~ 22% 21−22% 20.0%
Net profit - - 1,194
Net profit growth 28−29% 22−24% 12%
Net investments, DKKm ~ 1,250 1,150−1,250 978
Free cash flow, DKKm ~ 1,000 800−900 839
ROIC ~ 22% 21−22% 20.3%
-
9
Total of 1,130 employees working in R&D, more than 40% outside Denmark. During 2008 we expanded our research staff by around 100 people.
Major R&D sites in Denmark, the US (Davis CA and Franklinton NC) as well as in China, Japan and India
Aggressive pursuit of new biotechnology:~ 14 % of turn over spent on R&D
6-8 new products launched every year
Very comprehensive technology platform: More than 6,000 granted or pending patents
40-year commitment to innovation
Continuing to Innovate –Novozymes Research & Development
-
NOVOZYMES PRESENTATION
1021/12/2010
Global Presence
Sales Offices
Production
Research
-
11
Novozymes in the US
• Franklinton, North Carolina• Salem, Virginia
• Davis, California• New York, New York
• Ames, Iowa•Boston, Massachusetts
•Saskatoon, Canada
* Davis, CA
* Salem, VA
* Franklinton, NC
* New York, NY* Ames, IA
* Boston, MA
* Saskatoon, Canada
*Blair, NE(under construction)
-
NC & Novozymes:A great partnership
-
1977 We started in a soybean field…
15 MUSD45 EmployeesRaleigh – 150,000
-
1982 15 MUSD Expansion1993 100 MUSD Expansion175 EmployeesRaleigh – 214,410
-
1995Relocate Sales, Marketing, Technical Service. R&D Unit established>200 EmployeesRaleigh – 214,410
-
2008 R&D Expansion>450 EmployeesRaleigh – 405,000
-
Site Franklinton –Regional Headquarters
-
NOVOZYMES PRESENTATION18 12/21/2010Change the worldtogether with our customersthrough insight and solutions
>10%
in organic sales growth p.a., excluding sales of enzymes for conversion of biomass and excluding acquisitions
Deliver radical innovation to our customers and their industries
Drive the world toward sustainability
million tons reduction in CO2 emissions enabled by customers use of our solutions by 2015
Make it great to be a Zymer
>75
in employee score for “satisfaction and motivation” by 2010
How to measure success:
>75
Customer
Industry
World
-
Site Franklinton – North American Headquarters
• Production
(Pilot Plant, Fermentation, Recovery,
Granulation)
• Sales
• Marketing
• Technical Services
• R&D
• Quality Control
• Finance
• Purchasing
• Regulatory
• Information Technology
• Maintenance/Engineering
• Human Resources
Largest multi-purpose
enzyme manufacturing
plant in the United
States – representing
all business areas:
-
NOVOZYMES PRESENTATION21 12/21/2010Change the worldtogether with our customersthrough insight and solutions
Customer
Industry
World
Deliver radical innovation to customers
Drive the world toward sustainability
Make it great to be a Zymer
Develop great leaders
Deepen our relationship-based culture
Be a company people want to work for
Simplify how we work together
Be smart and efficient as we grow
Build relations and partnerships for growth
Develop new enzyme growth engines
Build BioBusiness
Win in biomass
Become a voice on the world stage
Sustainable solutions drivenew business
Build sustainability capabilities
-
NOVOZYMES PRESENTATION22 12/21/2010
Sustainability –Not just a drop in the ocean
NZ recognized as a company that goes above and beyond legal compliance in our financial, social and environmental activities.
We conduct our business in a responsible and transparent manner.
We engage in innovation partnerships and open dialogue with customers, NGOs, governments and our surrounding society to find solutions to some of the world‟s biggest problems like climate change, energy deficiency and human rights violations
-
Product launches in 2008 and 2009
NOVOZYMES PRESENTATION23 12/21/2010
2008
Celluclean®, a detergent enzyme that provides strong whiteness and anti-graying effect, thus enhancing the effect from bleach.
Attenuzyme® Flex, an enzyme for shortened process time and better control in the production of light and low-carb beers.
CellPrime ® rTransferrin AF, a recombinant animal-free cell culture supplement, enhancing the growth and productivity of cells during the manufacture of biopharmaceutical products through improved iron transport.
RONOZYME® ProAct, a feed enzyme optimizing protein utilization, improving nutritional value, and enhancing animal performance, leading to cost savings.
Lactose Oxidase, a food enzyme allowing the dairy industry to add value to the whey stream. Whey is a by-product of cheesemaking.
Pectinex® Ultra Mash, an enzyme applied to improve the yields in apple juice production during mashing, offering increased yield and smoother processing in comparison to existing enzyme solutions.
Novozym® 12001, a food enzyme that allows the use of soya protein in a broad range of food applications, making them healthier and improving taste.
FiberCare® D, an enzyme for use in the pulp and paper industry. The enzyme improves drainage performance in paper mills producing paper and cardboard from recycled paper and cardboard. Benefits include improved process time.
Cellic™ CTec, a unique cellulase complex for cost-effective hydrolysis for production of bioethanol from cellulosic feedstock
Cellic™ HTec, a hemicellulase complex that provides a hydrolysis boost option over Cellic CTec, i.e., improves C5 sugar yields
2009
Cellic™ CTec, a unique cellulase complex for cost-effective hydrolysis for production of bioethanol from cellulosic feedstock. High conversion efficiency on acid and neutral pretreated feedstocks.
CellPrime™ rAlbumin AF-G, a recombinant animal-free cell culture supplement replacing human- or bovine-derived serum albumin in industrial-scale mammalian cell culture applications. This is the third product in the CellPrime range offered through the alliance with Millipore and designed for large-scale industrial bioprocessing applications.
-
NOVOZYMES PRESENTATION24 24/11/2008
What are enzymes?
Naturally occurring proteins which are found in every living organism: man, animals, plants, or microorganisms such as bacteria and fungi
“Nature‟s tools” - enzymes „cut and paste‟ substances and speed up all vital biological processes
The enzymes in the stomach, for instance, ensure that food is cut into tiny pieces that can be digested by the body
Enzymes make better use of raw materials and create „more from less‟
Novozymes‟ enzymes‟ help make industry more efficient and less polluting
-
Novozymes‟ first enzyme was a protease used in hospitals to remove blood stains from linen
Today, enzymes enable laundry to be washed at much lower temperatures by „cutting up‟ stains and grease. Enzymes are effective down to 15°C
Lowering washing temperature from 40 to 30°C reduces electricity consumption by 30% - while keeping clothes clean
Enzymes replace oil-based chemicals previously used in detergents
Do our laundry
NOVOZYMES PRESENTATION25 24/11/2008
-
Pigs and poultry stomachs not capable of breaking down plant cell walls. Nutrients, especially phosphates, pass right through the animals without being utilized
Phosphates in animal dung pollute rivers and lakes and cause algae growth
Farmers have to add expensive inorganic phosphates to animal feed
By adding enzymes to the feed, almost all the nutrients are released
This saves costs for the farmers and reduces pollution
Improve animal feed
NOVOZYMES PRESENTATION26 24/11/2008
-
NOVOZYMES PRESENTATION27
Enzymes can replace artificial colorings, flavorings and preservatives
Cheese, beer and wine cannot be made without enzymes
Creates “low-carb” or “light beer”
Makes sugar sweeter: glucose to fructose
Removes harmful trans-fats from cooking oil
Keeps bread fresher for longer – less waste
Produces more beer from less malt
Food production
24/11/2008
-
NOVOZYMES PRESENTATION28 12/21/2010
Appendix
-
Our sustainability approach
”We imagine a future where our
biological solutions create the necessary
balance between better business,
cleaner environment, and better lives.”
Integrated reporting
Values
Policies, standards-
Sustainability is
how we do
business
Sustainability is
fully integrated in
our business
processesStrategies
Novozymes in Denmark
will be CO2 neutral for
electricity by 2012
Sustainability
bonus scheme
+
Stock option
program
-
Novozymes has been recognized on several occasions for its efforts in corporate responsibility:
Recognized as a leader in sustainability
NOVOZYMES PRESENTATION30
Novozymes has a sector leader position in the Dow Jones Sustainability Group Index in the biotech sector for 7 consecutive years
Novozymes is member of the FTSE4Good Global and Europe indexes
SustainableBusiness.com recognized Novozymes among the top 20 companies on their 2007 SB20 list - The World's Top Sustainable Business Stocks
Novozymes qualified to be considered “best in class” by Storebrand Investments SRI
Selected on the Global 100 list by Innovest Strategic Value Advisors and Corporate Knights
Ranked as No 8 (Pharmaceuticals & Biotechnology) in the Carbon Disclosure Project, Nordic Report 2007, for Carbon-Intensive Sector Companies
-
12/21/2010
Our workplace
-
NOVOZYMES PRESENTATION32 12/21/2010
How we work together
At Novoyzmes, we believe strong players need strong teams. From the word "Go," we‟ll trust and support each other to tackle big challenges.
We are a team of sparky and dedicated colleagues who challenge each other to perform our best and care for each other along the way.
Novozymes hires the best, so from the first day newcomers should expect to be given a lot of responsibility and to make a positive contribution.
-
NOVOZYMES PRESENTATION33 12/21/2010
Our mindset
Every day you work for Novozymes you get a golden opportunity to achieve something extraordinary. On a daily basis we find inspiration by challenging conventions. This leads to exhilarating ideas that echo around the world.
At Novozymes, we make a big difference because we do things differently.
-
NOVOZYMES PRESENTATION34 12/21/2010
What motivates us
At Novozymes we turn the challenges of today into opportunities to create a better future. Always focused on what‟s next, we network with our partners to develop the bioinnovations of tomorrow.
If you dream of shaping a brighter future, there‟s no better place to do it than at Novozymes.
We expect employees to be aware of what‟s going on in the world, who‟s shaping public opinion, and to engage in the dialog.
-
NOVOZYMES PRESENTATION35 12/21/2010
Leadership is for everyone
Dedicated to reinforcing our position as the market leader, we are passionate about encouraging initiative and thought leadership.
As a result, everyone at Novozymes is expected to create their own opportunities and develop their own path. Ultimately, we‟ll help and support them realize their full potential.
-
12/21/2010
The regions
-
Novozymes in Europe
NOVOZYMES PRESENTATION37 12/21/2010
Market presence:
Europe (EMEA – Europe, Middle East & Africa) is the largest regional market for Novozymes
EMEA sales were 38% of total 2008 revenue
Main markets are: feed, cereal food, detergents, starch, BPI
Industries in focus: Bioethanol, Detergents
Employees:
Number of employees: 2,791 in EMEA (year-end 2008
About 54% of Novozymes‟ total employee cost is in EMEA
-
Novozymes in Europe
NOVOZYMES PRESENTATION38 12/21/2010
Locations:
Bagsvaerd(Head office)
Kalundborg(Enzyme production since 1969)
Fuglebakken in Copenhagen (Enzyme production since 1941)
Lund, Sweden (Biopharmaceutical products)
Nottingham, UK (Biopharmaceutical production and Biopharmaceutical headquarters)
Switzerland (Marketing)
Paris (Regional headquarters, EEMEA)
Vienna (Regional headquarters, CWE)
About 60% of Novozymes‟ total assets are in Europe
Key partners:Unilever, Proctor & Gamble, Chr. Hansen
-
Novozymes in North America
NOVOZYMES PRESENTATION39 12/21/2010
Market presence:
The US is the largest national market for Novozymes
North American sales were 27% of total 2008 revenue; Canada contributed only a minor part
Main markets are: bioethanol, detergents, baking, starch, microorganisms, BPI
Industry in focus: Bioethanol
Market share in bioethanol: ~60%; other market shares are not quantified for the US
-
Novozymes in North America
NOVOZYMES PRESENTATION40 12/21/2010
Employees:
Number of employees: 750 in North America
About 19% of Novozymes‟ total employee cost is in North America
Locations:
NYC (Patent office)
Franklinton, NC (Production and Administration; both since 1979)
Davis, CA (R&D)
Boston, MA (BPI marketing and sales)
Salem, VA
Saskatoon, Canada
Blair, Nebraska (Production, construction began in 2009)
About 17% of Novozymes‟ total assets are in North America
Key partners: POET, ICM
-
Novozymes in Latin America
NOVOZYMES PRESENTATION41 12/21/2010
Market presence:
Brazil is a major producer of sugarcane and provides potential as a locally grown source for producing second-generation bioethanol
Latin American sales were 7% of total 2008 revenue
Main markets are: detergents, feed enzymes
Industry in focus: Biofuel
Brazil is the major producer and user of flex-fuel cars, which can use ethanol not only as an effective fuel extender to make gasoline supplies last longer, but also as an octane booster
-
Novozymes in Latin America
NOVOZYMES PRESENTATION42 12/21/2010
Employees:
Number of employees: 180 in Brazil and 13 in Mexico
~3% of Novozymes‟ total employee cost is in Latin America
Locations:
Brazil, NZBR (Production, Administration, Sales, and Customer Solutions since 1989; R&D since 2008)
Mexico, NZMX (Sales office and Re-filling)
Key partners: CTC (Centro de Tecnologia Canavieira), Petrobras, and UFPR (Federal University of Paraná)
-
Novozymes in China
NOVOZYMES PRESENTATION43 12/21/2010
Market presence:
Novozymes is one of the largest Danish businesses in China
China is the second largest national market for Novozymes, after the US
Asia Pacific sales were 18% of total 2008 revenue
Main markets are: textiles, starch, detergents, brewing
Industries in focus: Detergents, Textiles, Bioethanol
Competitors: Danisco/Genencor and local enzyme producers
-
Novozymes in China
NOVOZYMES PRESENTATION44 12/21/2010
Employees:
Number of employees: 1,300 in Asia Pacific
About 26% of Novozymes‟ total employee cost is in Asia Pacific
Locations:
Beijing (Main site, R&D, Finance and Sales; all since 1991)
Tianjin (MPP, HA)
Suzhou Hongda(largest enzyme fermentation facility in the world)
Shenyang (Biologicals)
Key partners:COFCO, Sinopec
-
12/21/2010
Business areas
-
Enzymes BusinessWorld leader in industrial enzymes
NOVOZYMES PRESENTATION46 12/21/2010
Enzymes are the tools of nature. They “cut and paste” all kinds of biological materials and kick-start all biological processes.
-
NOVOZYMES PRESENTATION21/12/201047
Enzymes create “more from less”
Enzyme technology is green technology
Enzymes save energy
Enzymes save chemicals
Enzymes save raw materials
Enzymes save limited resources and reduce water pollution
-
Detergent enzymes
Technical enzymes
Food enzymes
Feed enzymes
Enzyme Business (EB) operates in four main areas
NOVOZYMES PRESENTATION48 21/12/2010
-
Detergent enzymes are used in household and industrial laundry and dishwashing detergents.
For example in the process of washing clothes, certain enzymes break down water-insoluablestains into water-soluble molecules that can be rinsed away by the wash water.
NOVOZYMES PRESENTATION49 12/21/2010
Detergent enzymes
-
Technical enzymes are used, among other things, in the transformation of starch into different kinds of sugars.
This functionality is used in the starch and fuel industries.
However, technical enzymes are also used for many other applications in, for example, the leather, textile, and forest product industries.
NOVOZYMES PRESENTATION50 12/21/2010
Technical enzymes
-
Food enzymes for the food industry enhance quality and/or efficiency in the manufacture of food products such as bread, wine, juice, beer, noodles, pasta, and alcohol.
NOVOZYMES PRESENTATION51 12/21/2010
Food enzymes
-
Feed enzymes when added to animal feed increases the nutritional value of the feed.
This leads to faster growth of the animals and better utilization of the feed, and improves the environment as less phosphorus is released via manure.
NOVOZYMES PRESENTATION52 12/21/2010
Feed enzymes
-
We use fermentation technology to produce proteins other than industrial enzymes that are then, for example, used in the pharmaceutical and cosmetic industries and within agriculture.
BioBusiness
NOVOZYMES PRESENTATION53 12/21/2010
-
Microorganisms
Biopharmaceutical ingredients
BioBusiness operatess in two main areas
NOVOZYMES PRESENTATION54 21/12/2010
-
Microorganisms are a diverse group of microscopic organisms such as bacteria and fungi.
Our microorganisms are used in industrial and household applications (such as odor control and cleaning of drain lines); for reduction of harmful compounds in industrial and municipal wastewater; to improve yields and crop health in aquaculture; and to improve yield in agriculture while minimizing the environmental footprint.
NOVOZYMES PRESENTATION55 12/21/2010
Microorganisms
-
Biopharma produces proteins and other biological substances used in the pharmaceutical industry. Our products are produced recombinantly from non-animal sources, eliminating any contamination risk.
NOVOZYMES PRESENTATION56 12/21/2010
Biopharmaceutical ingredients
-
We see many opportunities to use our existing technologies to cultivate BioBusiness across a broader range of applications.
Conversion of Renewable sources to chemicals (CoRe) is one of our business development platforms. Within CoRe we have an agreement with Cargill to develop technology for production of acrylic acid from renewable raw materials. Specifically, fermentation of sugar into 3-hydroxypropionic acid (3HPA) using an engineered microorganism. 3HPA can subsequently be transformed into a range of valuable chemical derivatives, including acrylic acid.
Developing BioBusiness
NOVOZYMES PRESENTATION57 12/21/2010
-
Bioethanol
NOVOZYMES PRESENTATION21/12/201058
-
Novozymes and biofuel
Leader in enzymes for first- and second-generation biofuels
Current first-generation enzyme business (starch-to-ethanol) mainly a US affair
~17% of Novozymes‟ total revenue in 2008
Largest supplier of enzymes to the fuel ethanol industry
Three out of four new starch-based fuel ethanol plants have started using enzymes from Novozymes
150 people working on cellulosic ethanol
Novozymes will be the first company to supply commercial quantities of enzymes to make second generation of bioethanol by 2010
-
Stabilizing climate change: a 42 Gt reduction of CO2 emissions is needed compared to 2005 levels
The biofuel industry is
ahead of the curve – and
delivers significant CO2
reductions already today
Energy efficiency
Electric and plug-in vehicles
Hydrogen fuel cell vehicles
BiofuelsBuildings, 20%
Industry, 14%
Power, 36%
Gt CO2reduction
Total reduction = 42 Gt
Transport, 30%
Emission peak in 2012 at 30 Gt
Today: 1−2% share of global transport fuel – delivering GHG emission reductions up to 67% for US-produced and up to 90% for Brazilian bioethanol
2010: Novozymes ready with enzymes for commercial-scale production of 2G
2022: Biofuel will make up 25% of US transportation fuel use – about half will be 2G (cellulosic ethanol)
Sources: IEA, OECD, Argonne National Laboratory, US Energy Security and Independence Act, Liska
-
Bioenthanol addresses a number of issues on the global agenda
Bioethanol
Improved
energy
security
GHG
reductions in
transport
Economic
development
Step towards
a biobased
society
• Diversify energy/fuel supply
• Reduce exposure to oil price
• Transport: 2nd largest and fastest
growing source of CO2 emissions
• Bioethanol: Today’s only option for
large scale replacement of gasoline
• Stimulate growth in
agriculture and industry
• Improve trade balance
• Roll-out ‘sugar-base’
technology
• Establish supply-chains
Sustainability
• Sustainability criteria and certification schemes will promote sustainable biofuels
• Biofuel has evoked an attention to sustainability that will have positive spill-over
effects on agriculture in general
-
Biofuel - key to reducing global oil dependency
Many countries are highly dependent on imported oil:
US (2008): +60%
China (2006): 47%
EU (2005): 82%
Half the world‟s poorest countries import all their oil: and a $10/barrel oil price increase cuts their GDP by 1.6%
Oil resources are running dry – price volatility
In nine out of 12 scenarios conventional oil production peaks before 2050
Shell expects a supply gap by 2015
Sandia/GM study: Capital needed for replacing 30% of gasoline in the US with 2G - same as for equivalent amount of oil.
2007: biofuel production replaced 1 million barrels of crude oil – every day
Enough biomass availability exists in the US and EU to meet at least 25% of their needs for transport fuel in 2030 – without significant increase in acreage used for biofuel feedstocks
Sources: US DofE, University of Nebraska, IEA, EU Commission (Refuel project), EUROSTAT
-
Green economy and green collar jobs:Impact of the RFS towards 2022
State economy:
• Impact 2022: $150 billion
• GDP $1.23 trillion
Green collar job creation
• 2012: 100.000 jobs
• 2022: 800.000 jobs
State economy:
• Net benefit $7 billion
• Return on investment $1 =
$2.5
• GDP $66 billion
Reduced oil import:
• 13 BnG (5% of US oil import)
• worth $32 billion
Jobs:
• 500.000 supported
2008 2012-2022
-
Developing countries economic boost
Biofuel production can help drive rural
economies in developing countries:
New markets for agricultural
products enable adoption of better
and more efficient farming
Direct and indirect job-creation in
farming and biofuel production
Reduced dependency on imported
energy
Corn yield (kg/ha)
0
2500
5000
7500
10000
'61 '66 '71 '76 '81 '86 '91 '96 '01 '06
US
W Europe
China
E Europe
„06 world average
Brazil
Africa
-
.
2G will significantly increase CO2 reduction compared to 1G technologies
20
30
40
10
0
60
70
80
5090%
saving
70%
saving
50%
saving
30%
saving
Gasoline 1G (corn) 2G (corn cobs) Reduction in GHG emission
from substituting
gasoline
g CO2equiv. per MJ
CHP(fossil)
-
CO2 savings from the RFS2009-2022 bioethanol will displace the equivalent
of 500 BnG of oil – and in 2022 make up >20% of US gasoline for road transportation
CO2 savings from the RFS
-
Bioethanol: Making more with less
It takes 0,8 MJ to produce 1 MJ of bioethanol – and only 0,14 unit crude oil
Gasoline‟s energy balance worsen as less accessible petroleum sources gets exploited
Bioethanol‟s energy balance improve e.g. as enzymes enable lower temperature processes and the production of cellulosic bioethanol
Bioethanol continues to produce more with less
1 energy unit fuel
Fossil energy units used pr. energy unit of fuel produced
TimeNow
1GBioethanol
Oil
2GBioethanol
6721/12/2010
Bioethanol has an increasingly better energy balance than gasoline
The opportunities of biofuel
-
Total production costs for 2G ethanol will be comparable to 1G already by 2010
The costs have been halved over the last 3 years
This means that commercialization of 2G is just around the corner
Total production costs for 2G ethanol is approaching 1G rapidlyNovozymes estimate that by 2015, 2G could work without subsidies in the US with an oil price of USD $80-120/gallon
USD/EUR exchange rate from xe.com (25th march)
-
Novozymes‟ position is clear: All agricultural products,
including biofuels, must be produced in a sustainable way
Policy-makers, the agricultural sector, and the biofuel
industry have a shared and global responsibility to ensure:
Incentives to adopt the most sustainable and most GHG-
reducing biofuels
Adoption of good agricultural practices – leading to increased
and sustainable food and fuel production
Certification of sustainable biofuels could pave the way for
increased sustainability of the entire agricultural sector
Novozymes participates actively in the development of
sustainability criteria and certification schemes for biofuel*
NZ strongly supports that biofuels should be produced environmentally sustainably
* For example by participating in the Roundtable for Sustainable Biofuels and the Global Bioenergy Partnership
-
A more sustainable and less oil-dependent
energy system is needed
For the transport sector biofuel is the only
pathway currently available
Enzyme technology is constantly
developing – making bioethanol even
more sustainable and climate friendly
Industrial biotechnology enables not only
bioethanol – but sustainable solutions
across a range of industries
Rethink tomorrow and help create a more secure, sustainable biobased society
-
12/21/2010
Key facts
-
NOVOZYMES PRESENTATION72 12/21/2010
Research & Development
• About14% of our revenue is spent on research and development.
• More than 6,000 patents in place.
• Total of 1,130 employees working in R&D, more than 40% outside Denmark. During 2008 we expanded our research staff by around 100 people.
• Our R&D projects are carried out in partnerships or by us alone.
-
NOVOZYMES PRESENTATION73 21/12/2010
Employees
More than 5,000 employeesworldwide
Around 50% working in Denmark
Research and
Developement
15%
Production
50%
Sales,
Marketing and
Corporate staff
35%
-
NOVOZYMES PRESENTATION74 21/12/2010
Global presence
Sales Offices
Production
Research
-
Development, production, and distribution of enzymes are a major part of our business
Enzymes are readily biodegradable proteins that are found in all living organisms and catalyse biochemical reactions
Enzyme technology can typically replace conventional chemicals, improving resource efficiency and generally reducing environmental impact
Enzymes Business accounts for more than 90% of sales
Enzymes Business is divided into four areas: Detergent enzymes (31%), Technical enzymes (30%), Food enzymes (22%) and Feed enzymes (9%)
Enzyme Business
NOVOZYMES PRESENTATION75 21/12/2010
-
BioBusiness
NOVOZYMES PRESENTATION76 21/12/2010
We use fermentation technology to produce proteins other than enzymes that are then, for example, used in the pharmaceutical and cosmetic industries and within agriculture
We also sell microorganisms for various applications in a range of industries. We see a lot of opportunities to use our existing technologies to cultivate BioBusinessacross a broader range of applications
Bio Business is divided into two areas: Microorganisms (5%) and Biopharmaceutical ingredients (3%)
-
77