€6 Million Funding For French Biomass Project

Taylor Scott International News

13 November 2013     DEINOVE, a developer of chemical compounds from biomass using Deinococci bacteria, has announced that its plant chemistry development programme will receive nearly €6 million from the French government. The DEINOCHEM programme aims to produce a new generation of chemical compounds to replace petro-sourced chemicals. Using Deinococci bacteria, these new compounds are made from non-food biomass such as wheat straw, corn stover and cobs, energy crops, and industrial and urban waste. “We are delighted to support this internationally-ambitious French industrial project,” said Arnaud Montebourg, French minister of industrial renewal. “ DEINOVE was founded in France and works on developing solutions for tomorrow with breakthrough technologies . which are included as part of French innovations that need to be heavily supported in order to join the world-wide race.” “This is one of the highest levels of financial backing ever granted in plant chemistry from the French government,” said Emmanuel Petiot, CEO of DEINOVE. “Our country has clearly placed biotechnologies at the heart of its industrial innovation programme.” Europe is the world’s second largest agricultural producer and France is the top agricultural producer in Europe. Continue reading →

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