IHS Chemical Week


Chemical Industry Weekly Innovation News Round–up, Aug. 12

2:16 PM MDT | August 12, 2011 | By ALEX SCOTT

Innovation news has been lower key this week than of late. That stated, the announcements and new technologies in the biomaterials space keep on coming. In a tech tie up this week Algae oils firm Solazyme (San Francisco) and Bunge have signed a preliminary agreement to create a JV company that would produce triglycerides in Brazil. The agreement, subject to a final agreement, includes a 100,000 m.t./year renewable oil plant.
Market research firm BCC Research (Wellesley, MA) predicts that the market for industrial enzymes sales will hit $4.4 Billion in 2015. The global market for industrial enzymes is set to increase at a combined annual growth rate (CAGR) of 6%.
The International Chemical Investors Group (ICIG; Frankfurt) says it has signed an agreement with Roche (Basel, Switzerland) to acquire Roche Colorado Corp. (Boulder, CO), which includes Roche’s pharmaceutical production facility at Boulder. ICIG will acquire the Roche affiliate company in Boulder with its technical development and small molecule manufacturing capabilities.

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