Novozymes looks to cut costs in 2009

Novozymes looks to cut costs in 2009

F O C U S (Website: http://www.nfa-online.de) (in German) & Chemie Technik (Heidelberg), 23 Apr 2009 (Website: http://www.chemietechnik.de) (in German...

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F O C U S (Website: http://www.nfa-online.de) (in German) & Chemie Technik (Heidelberg), 23 Apr 2009 (Website: http://www.chemietechnik.de) (in German) & Chimie Pharma Hebdo, 27 Apr 2009, (463), 5 (in French) & Press releases from BASF SE, D-67056 Ludwigshafen, Germany. Tel: +49 (0) 621 600. Website: http://www.basf.com (20 Apr 2009) and from SüdChemie AG, Lenbachplatz 6, 80333 Munich, Germany. Tel: +49 89 5110 0. Fax: +49 89 5110 375. Website: http://www.sud-chemie.com)

Cosmo considers widening use of enhanced FCC process Cosmo Oil is considering rolling out its improved fluid-catalytic-cracking (FCC) technology at all its refineries in Japan. The process uses a proprietary catalyst to remove sulfur from gasoline without lowering the gasoline’s octane rating. The company is now looking for a way to increase the propylene output of the FCC process, which was first launched in 2006 at a Cosmo refinery in Chiba, Japan. The company managed to boost its propylene capacity to approximately 200,000 tonne/y at its four refineries by expanding its gasrecovery systems. Japan Chemical Web, 3 Apr 2009 (Website: http://www.japanchemicalweb.jp)

ExxonMobil Chemical develops new ultra-low aromatic fluids ExxonMobil Chemical (ExxonMobil) is demonstrating its continued leadership in hydrocarbon fluids by applying proprietary catalyst hydrogenation technology to introduce its Ultra-Low Aromatic (ULA) product family. The technology enables the production of ULA fluids that comply with the most stringent environmental and regulatory requirements. This capability ensures that ExxonMobil customers will be able to access an ultra-low aromatic solution for their markets as the need arises. Press release from:ExxonMobil Chemical Co, 13501, Katy Freeway, Houston, TX 77079 1398, USA. Tel: +1 281 870 6000. Fax: +1 281 870 6661. Website: http://www.exxonmobilchemical.com (23 Apr 2009)

Honeywell, Ensyn launch fuel jv Envergent Technologies is the new bio-based transportation fuel jv formed by Honeywell’s UOP and USbased bio-oil producer Ensyn. The jv is a provider of technology and equipment for producing biomassbased pyrolysis oil. Chemical Week, 6 Apr 2009 (Website: http://www.chemweek.com)

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Lubrizol’s new system protects engine, catalyst, and the environment On 30 Apr 2009, The Lubrizol Corp introduced its new HyperZDP System – a patented lubricant additive technology delivering an ideal balance between extended catalyst system life and engine wear protection. The HyperZDP System offers a distinct advantage over conventional zinc dithiophosphate (ZDP) systems. While many conventional ZDP products provide good wear protection, they don’t protect the catalyst. Press release from: Lubrizol Corp, Lubrizol Additives Segment, 29400 Lakeland Boulevard, Wickliffe, Ohio 44092, USA. Tel: +1 440 943 4200. Website: http://www.lubrizol.com (30 Apr 2009)

Nippon Shokubai: consolidated results for 3Q FY 2009 Nippon Shokubai Co Ltd’s total sales in the nine months ended 31 Dec 2008 are broken down by business segments into Yen 130,499 M from basic chemicals; Yen 117,019 M from functional chemicals; and Yen 28,278 M from environment and catalysts. Operating income is broken down into Yen 5808 M in basic chemicals; Yen 879 M in functional chemicals; and Yen 1273 M in environment and catalysts. Nippon Shokubai Results 3Q FY 2009, 6 Feb 2009, 8 (Nippon Shokubai Co Ltd, General Affairs Department, Public Relations Group, Japan. Tel: +81 6 6223 9105. Website: http://www.shokubai.co.jp/eng)

Novozymes technical enzyme sales up less than expected in 1Q 2009 Novozymes’ sales of technical enzymes totalled DKR 601 M in 1Q 2009, compared with DKR 560 M in 1Q 2008. Analysts had predicted DKR 638 M. Novozymes now expects a 4% growth in enzyme sales for the whole of 2009 but has not given any forecast for technical enzyme sales. Dagbladet Borsen, 29 Apr 2009 (Website: http://www.borsen.dk) (in Danish)

now expecting a sales growth of over 4% in DKR and a weakly positive growth in local currencies. It is maintaining its forecast of a growth in profits of 5-10% for the whole of 2009 thanks to higher productivity and reduced costs, though much depends on the development of the world economy. Dagbladet Borsen, 29 Apr 2009 (Website: http://www.borsen.dk) (in Danish)

Novozymes’ enzymes for bioethanol and washing products come under pressure in 2009 Sydbank believes that Novozymes is coming under pressure in the two important business areas of bioethanol enzymes and washing product enzymes and that it can now expect an increase of only around 5% in sales of bioethanol enzymes in 2009. Ethanol producers are not currently in a position to fund secondgeneration bioethanol plants and it will be 1-2 years before successful commercial production might be feasible. The incentive to use enzymes in washing products has lessened as oil-based ingredients have become cheaper and therefore growth forecasts for this area are being reduced. Dagbladet Borsen, 29 Apr 2009 (Website: http://www.borsen.dk) (in Danish)

Reaxa offers new nickel catalyst Reaxa is carrying out beta tests for its non-pyrophoric and reusable hydrogenation catalyst Nickel EnCat in Europe, North America, India, and Japan. The company is now offering Nickel EnCat in commercial amounts. The catalyst can significantly reduce process expenditures, as it can be reused, as well as eliminate the purification process. Nickel EnCat can replace the standard Raney/sponge nickel catalysts, which require complicated and risky processes. Nickel makes up 20% of the drug hydrogenation catalyst market.

Novozymes looks to cut costs in 2009

Manufacturing Chemist, Mar 2009, 80 (3), 22

As enzyme sales were below expectations in 1Q 2009, Novozymes believes it needs to bring down costs, especially in the area of sales. Novozymes had expected a sales growth of 8-13% in 1Q 2009 in DKR and 3-8% in local currencies, but it is

Süd-Chemie 1Q 2009: Business performance, outlook for 2009 During 1Q 2009, economic performance by the Süd-Chemie Group fell short of the figures reported for 1Q 2008. Consolidated revenue fell by

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