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Markets :: Alternative Fuels :: Bioethanol

Novozymes Secures $28.4 Million Tax Credit to Build Nebraska Enzymes Plant

3:55 AM MST | January 11, 2010 | Alex Scott

Novozymes, an enzymes technology firm, says it has received an Advanced Energy Manufacturing Tax Credit of $28.4 million from the U.S. government to fund a new biofuel enzymes facility that it is building at Blair, NE. The facility is set to manufacture enzymes for processing cellulosic ethanol, although the enzymes can also be used in the production of first generation biofuel, the company says. The capacity of the planned facility has not been disclosed. The facility is expected to be operational by the end of 2011, and running at full capacity by mid-2012, the...

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