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14 Dec 2010

EIB to finance enzyme research with Novozymes A/S

Novozymes will receive a European Investment Bank (EIB) financing facility for its research, development and innovation activities under an agreement signed today.

The financing facility is aimed at projects in enzymes, novel proteins and micro-organisms at Novozymes, the world’s largest producer of industrial enzymes. With activities that are solidly in line with the European Union’s objectives of strengthening the knowledge economy, the company improves industrial processes with technology that replace conventional chemicals, improve resource efficiency and reduce environmental impact.

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