Genencor wins big loan to help market bio-isoprene

ERJ staff report (DS)

London — The Nordic Investment Bank has signed a loan with Danisco, a Danish biotechnology company, to finance two R&D programmes in the company’s enzyme division, Genencor. The loan, totalling EUR 40 million, will be put towards the production of marketable bio-isoprene for rubber fabrication and cellulosic based bioethanol.

Bio-isoprene will be an alternative to petroleum-derived isoprene. Isoprene is a raw material in rubber products such as tyres. Genencor recently signed an agreement with Goodyear to develop the material for potential use as…

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