20 September 2007 - 14:00
Genencor announces increased saccharification enzyme prices for the US fuel ethanol market
Genencor, a division of Danisco A/S, today announced that as a result of sharply increased raw material and energy prices, it is increasing its prices for its saccharification product line by 10-15% effective October 15th, 2007 and as current contracts expire.
Over the past two years prices of dextrose and energy have increased at double digit rates. While we have mitigated some of the impact through our continuous improvement efforts, we cannot offset the entire effect.
Brian Carter, vice president for grain processing, stated: “we cannot preclude the possibility of further increases in the first half of 2008.”
For more information contact:
Your Genencor sales representative
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