Syngenta strikes R&D deal with US enzyme group

08 January 2007 13:11  [Source: ICIS news]

LONDON (ICIS news)--Syngenta has formed a 10-year partnership with technology group Diversa to develop enzymes for the production of biofuels, the agrochemicals company said on Monday.

 

It said San Diego-based Diversa would develop a range of novel enzymes to convert pre-treated cellulosic biomass economically to fixed sugars, which is a critical step during biofuel production.

 

Under the agreement, Diversa will receive $16m (€13m) for the first two years of research, while Syngenta gains exclusive access to the enzymes for its biofuels activities.

 

($1 = €0.77)

By: Mark Watts
+44 20 8652 3214

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