Wednesday, December 21, 2011

20111221 1708 Biofuel Related News.

DENMARK'S NOVOZYMES EYES MORE CHINA BIOCHEMICAL DEALS
BEIJING, Dec 14 (Reuters) - Denmark's Novozymes A/S , the world's leading industrial enzyme producer, is now in talks over a series of projects that will boost its presence in China's growing biochemical sector, a company executive said on Wednesday.  
Michael Christiansen, president for Novozymes China, told a media briefing that the company was discussing projects with "six or seven" firms looking to produce value-added downstream products such as plastics and fibres from agricultural waste, a process encouraged in the country's 2011-2015 five-year plan.

US ETHANOL WEEKLY OUTPUT EBBS, STOCKS DROP 4.9 PCT
Dec 14 (Reuters) - U.S. ethanol production slipped 1.6 percent in the latest week, setting back from a record high the previous week, and stocks dropped 4.9 percent, the Energy Information Administration reported Wednesday.
U.S. ethanol production totaled 938,000 barrels per day in the seven days to Dec. 9, down 16,000 barrels per day. Aside from the previous record-setting week, the next highest production level was when ethanol production hit 939,000 barrels per day for the week ending December 3, 2010.

FINEST CHEESE AND WINE FUEL FRENCH BIOGAS PROJECT
PARIS, Dec 14 (Reuters) - As French gourmets savour the famed Sancerre wine and Chavignol cheese of the Cher region, they may soon enjoy heat from the by-products of such delicacies thanks to new government incentives designed to promote biogas.
France this year increased feed-in tariffs paid for power  generated using biogas, and it has passed a decree letting producers inject biogas into the grid, boosting prospects for the fledgeling sector in a country better known for nuclear electricity.

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