IHS Chemical Week

Chemical Week Magazine :: Newsbriefs

Codexis Cuts Staff After Shell Pulls Funding

4:45 PM MDT | September 17, 2012

Enzyme maker Codexis (Redwood City, CA) says it is cutting approximately 133 employees after Shell terminated their long-standing, royalty-bearing biofuels collaboration. Shell will pay Codexis the approximately $7.5 million that would have been due under the research agreement, which was set to expire November 1, and Codexis will have no further research and development obligations under that agreement. Shell and Codexis first signed the collaboration and licensing agreement in 2006, and over the years Shell had committed significant funding to Codexis’...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa