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Published byGeorgina Haynes Modified over 9 years ago
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THE EMERGING BIOBASED ECONOMY A Vision from Industry Liekel Faber Genencor International Ltd
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2 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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3 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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4 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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5 $693 MM $912 MM $253 MM $1,351 MM Genencor & Danisco = New Opportunities
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6 Chemicals Polymers Specialties Glucose Mixed Sugars Sucrose Sugar Cane Beet Starch Grains Lignocellulose Co-Products BioRefinery Upgraded Co-Products Enzymes Fuels Cell Factory Genencor’s Biorefinery
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7 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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8 Genencor and Russia Why are we active in Russia? - Special project -Market approach
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9 Genencor and Russia Investment climate in Russia. - potential and resources - agriculture - bio-refineries / bio-economy
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10 Genencor and Russia Private sector and the State – a partnership? - State’s role - Creation
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11 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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12 Genencor and Russia Thank you for your attention And we wish you a successful continuation of this interesting East- West dialogue
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