Competition with Novozymes?Anyone care to share their thoughts regarding this recent development? Seems as though LEC isn't the only one partnering with Novozymes. Mind you, this is just for ethanol production and does not include HP-L Lignin touted by LEC.
https://www.marketwire.com/press-release/canadian-based-g2-biochem-launches-advanced-biofuel-venture-1511850.htm
May 09, 2011 10:43 ET
Canadian Based G2 BioChem Launches Advanced Biofuel Venture
TORONTO, ONTARIO--(Marketwire - May 9, 2011) - The Canadian Renewable Fuels Association today lauded the launch of G2 BioChem, the latest Canadian based venture to develop and commercialize advanced renewable fuels and next generation ethanol. G2 BioChem is a collaborative effort between GreenField Ethanol Inc., industrial process solutions leader Andritz and enzyme developer Novozymes. The group is committed to making transportation fuel from agricultural waste, energy crops and forest biomass.
"G2 BioChem is a collaborative effort of some of the best minds in the biofuel business, and will undoubtedly play an important role in the development of next generation renewable fuels," said Gordon Quaiattini, president of the Canadian Renewable Fuels Association. "Advanced biofuels are a critical part of Canada's energy future. They hold tremendous potential for jobs and the economy, the environment, and new supplies of energy."
GreenField Ethanol Inc. is Canada's leading ethanol producer. The company produces 600 million litres a year of ethanol at its plants in Johnstown, Chatham and Tiverton, Ontario and Varennes, Quebec.