THE EMERGING BIOBASED ECONOMY A Vision from Industry
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Transcript of THE EMERGING BIOBASED ECONOMY A Vision from Industry
THE EMERGING BIOBASED ECONOMY
A Vision from IndustryLiekel Faber Genencor International Ltd
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Agenda
- Genencor’s Vision
- Genencor’s role as key player in Industrial Biotech
- Genencor in Russia– personal experience- why Russia- state-private partnership- investment climate
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Genencor Division at a glance
- History traced to 1982- >$400 Million in Total Revenues during 2004- 8 Bioproducts manufacturing sites- As of 12/31/04 an IP portfolio included 484 US issued patents and 855 US pending patent applications-Approximately 1200 Employees Worldwide
Develops and produces enzymes for industrial applications
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Genencor has a role to play in Industrial Biotech!
Genencor’s Products In Everyday Life:• Innovation for Many Industries:
Cleaning Textiles Starch Processing, Fuel Ethanol Food & Animal Feed
• Expanding the boundaries of biotechnology Decontaminating chemical & biological
weapons Decontaminating prions that cause
“mad cow” disease• Catalyst of the Biobased
Economy™ Biochemicals Bioenergy Biomaterials
Delivering on the Promise of Biotechnology for Over two Decades!
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$693 $693
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$912 $912
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$253 $253
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$1,351 MM$1,351 MM
Genencor & Danisco = New Opportunities
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Chemicals
Polymers
Specialties
Glucose
MixedSugars
Sucrose
Sugar CaneBeet
Starch Grains
Lignocellulose
Co-Products
BioRefinery
Upgraded Co-Products
Enzymes
Fuels
Cell Factory
Genencor’s Biorefinery
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Biomass conversion is the Key to the Vision
Needed: non-food parts of food crops (wheat straw, wood chips, recycled paper, corn stalks, etc.) and dedicated energy crops requiring low in-puts (switchgrass)
Genencor’s role: with a US DOE’s NREL Contract to substantially reduce cost of enzyme production - 30-fold cost improvement achieved
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Genencor and Russia
Why are we active in Russia?
- Special project
-Market approach
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Genencor and Russia
Investment climate in Russia.
- potential and resources- agriculture - bio-refineries / bio-economy
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Genencor and Russia
Private sector and the State – a partnership?
- State’s role- Creation
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Genencor’s broad vision
We envision a future where biotechnology fulfills many unmet needs.. In development and deployment of
industrial enzymes In the production of fuels, chemicals &
materials
We envision a future where biotechnology helps create sustainable industrial activities
We envision a future where biorefineries take their place alongside oil refineries
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Genencor and Russia
Thank you for your attention
And we wish you a successful continuation of this interesting East- West dialogue