commercial operation for theproduction of biodiesel and naphtha isexpected to start at the end of 2016.“This first license agreement marks asignificant step in the progress oflicensing Carbo-V after Lindepurchased the technology last yearand consolidated it into its portfolio,”said Jorg Linsenmaier, ManagingDirector of Linde EngineeringDresden. “Forest BtL has selectedCarbo-V technology because it issuitable to use commercially availabledry chipped wood directly,” said SvenPetersen, Vice President Carbon andEnergy Solutions of Linde EngineeringDresden. “Compared to othertechnologies, Carbo-V has a very highcarbon conversion to synthesis gas aswell as an outstanding syngas quality,”said Mikko Kara, Chief ExecutiveOfficer of Forest BtL. Apart from thelicense the contract includes thedevelopment of the process designpackage for the gasification. Furtherservices like front end engineeringdesign for gasification as well as forshift and gas cleaning are pre-defined. The BtL plant will have agasification capacity of 480 MW andan output of about 130,000 ton/y ofbiodiesel and naphtha, using about1.5 M tons of wood, a second-generation feedstock not competingwith food production. The project willbe funded by the European Union’sNER300 programme for innovative,low-carbon technologies.

Original Source: Linde AG, website:http://www.linde.com (24 Jan 2013) © The LindeGroup 2013

License of oxo alcohol technology toQatar Petroleum and Shell Chemicals

Mitsubishi Chemical Corp hasreached a mutual agreement withQatar Petroleum and Shell Chemicalsto license its production technology ofoxo alcohols through MitsubishiChemical Engineering Corp, the sublicensor of the oxo technology. QPand Shell have been developing aworld-scale petrochemicals project inRas Laffan Industrial City in Qatar,which has been named Al-KaraanaPetrochemicals Complex. The project,which is planned to utilize feedstockderived from natural gas, will include asteam cracker, oxo alcohols, mono-ethylene glycol, and linear alphaolefins plants. The Front-End

Engineering and Design contract isexpected to be awarded in 2013. Theselection of key technologies for thederivative processes has beencompleted. The project has selectedthe “OXO T-Process”, which is MCC’sproprietary technology, for the oxoderivative unit with a capacity of250,000 tonne/y. The OXO T-Processrealizes stable production of first-classquality products. MCC has experienceof operating its own oxo unit with thistechnology for more than twenty yearsat Mizushima in Japan and in additionlicensed the technology to companiesin China, Indonesia, and South Africa.MCC is committed to further expandthe oxo technology licensing businessin the global market where thecontinuous growth of demand for theoxo alcohols is promising. Since MCCestablished a designated departmentfor licensing business, TechnologyLicense Department, in Jan 2011, thetechnology license business has beenexpanding as a part of its petro-chemical business strategy. MCC iscurrently offering various petro-chemical production technologies,such as acrylic acid and its esters,oxo alcohols, poly tetramethyleneether glycol (PTMG), maleicanhydride, bisphenol-A (BPA) andpurified terephthalic acid (PTA).

Original Source: Mitsubishi Chemical Corp, 14-1 Shiba4-chome, Minato-ku, Tokyo 108-0014, Japan, tel: +8 36414 3000, fax: +81 364143671, website:http://www.http://www.m-kagaku.co.jp/ (9 Jan 2013)© Mitsubishi Chemical Corp 2013

Growing Novozymes China

Among the first foreign investedbiotech research institution in China,the R&D centre in Beijing plays acrucial role in Novozymes’ creation ofcontinuous, relevant solutions.Novozymes has also established aglobal strategic manufacturing plant inthe Tianjin Economic DevelopmentArea and operates advancedproduction facilities in Shenyang andin Suzhou, close to Shanghai. As partof Novozymes’ business developmentand innovation efforts, a new businessand innovation centre was opened in2012 in Jinan. There is a well-developed sales network covering theentire country. Although the textileindustry in China is highly influencedby the global market and hastherefore been slow during 2012,

Novozymes believes better times arein store for its textile business. Thisbelief is primarily due to the fact thatthe industry is growing increasinglymore aware of polluting practices andis seeking to secure a moresustainable profile. Both Novozymes’bioblasting processes are growing inpopularity in China, as both are basedon neutral cellulases. In addition toworking with private companies, theNovozymes’ team is striving to build astable foundation with large state-owned enterprises to ensure moreeffective partnerships when developingnew applications. Considering thepromising partnerships withCofco/Sinopec and with Datchang, itis an exciting time for Novozymes towork within the Chinese biofuelsindustry The Novozymes’ distillinggroup is currently working closely withChinese customers to developinnovative solutions adapted for localconditions and needs. Novozymesremains the market leader in thebrewing sector with a tailored productportfolio that is customized to meetthe needs of Chinese breweries.

Original Source: BioTimes (Novozymes’ Enzyme e-zine), Winter 2012, (Novozymes A/S, Krogshoejvej36, 2880 Bagsvaerd, Denmark, tel: +45 44 46 0000,fax: +45 44 46 9999, website:http://www.biotimes.com) © Novozymes 2012

Novozymes enzyme sales down 2% in2012

In 2012 Novozymes’ sales ofenzymes fell by 2% in DKR to DKR 1.75 bn and by 9% in localcurrencies. A similar development is expected in 2013 despite theintroduction of new enzymeproducts. This downturn was due to a 5% fall in ethanol production inAmerica in 2012. MeanwhileNovozymes has successfullylaunched Avantec which allowsproducers of maize-based ethanol toincrease ethanol yield by 2.5%. Thishad a weak positive effect on thecompany’s sales growth in 4Q 2012.

Original Source: NP Investor, (Website:http://www.npinvestor.dk/ (21 Jan 2013) (in Danish)© NPinvestor A/S 2013

Novozymes results for 4Q 2012

Novozymes reported a result of DKR671 M from primary operations for 4Q

4 MARCH 2013

F O C U S O N C A T A LY S T S