Novozymes AS - Company Profile
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Business Description
Novozymes AS (Novozymes) manufactures industrial enzymes and microorganisms and distributes them to customers and manufacturers in more than 30 industries over 140 countries. It offers biological solutions for use in the production of biofuel, detergents, feeds, and crops. The company classifies its operations into five industry categories: Household Care; Food, Beverages, and Human Health; Bioenergy; Grain and Tech Processing; and Agriculture, Animal health & Nutrition.
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R&D Overview
The R&D efforts of Novozymes focus on new and improved bio innovations. Its R&D strives to develop solutions that improve yield and profitability It operates research centers in Denmark, China, the US, and India. The company also introduced 18 new biosolutions in 2023 which were a result of continued research and development in bio-innovation. To generate interest among the youth, the company also holds programs with schools based in Denmark and The US to pique the interest of students in research and innovation. As of December 2023, it had over 6,500 granted and pending patent applications, and 917 active patent families. In FY2023, the company spent DKK2,017 million on R&D, which as a percentage of revenue, stood at 0.8%.
Business Segments
- Agriculture, Animal Health & Nutrition
- Bioenergy
- Food, Beverages and Human Health
- Grain and Tech Processing
- Household Care
Overview
Offers enzymes and microorganisms for improving crop output and animal feed. Its products find application in cellulosic ethanol, starch-based ethanol, enzymatic biodiesel and sugarcane ethanol.
Performance
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Overview
Offers advanced bio innovation solutions to minimize carbon dioxide (CO2) emissions.
Performance
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Overview
Offers enzymes to increase food production. Its products find application in baking, brewing, providing lactose-free dairy and removal of transfats.
Performance
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Overview
Offers enzymes and microorganisms for textile, wastewater treatment, and leather industries. Develops and manufactures enzymes used in bleach boosting, deinking, effluent control, fiber modification, and starch modification. Provides biological wastewater treatment products for treatment-related applications including biomass reinforcement, biological aids, management of solids, and odor control to improve wastewater treatment. Also offers enzymes to improve the quality, dyeing, and denim finishing of clothes in the textile industry.
Performance
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Overview
Provides enzymes for use in bio cleaning solutions, which find applications in hand and automatic dishwashing soaps, laundry detergents and professional cleaning products. It serves detergents, pharma, textiles and leather markets.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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