Novozymes today announced the launch of a new game-changing enzyme product which, the company says, improves the efficiency and profitability of biofuel production.
The enzyme product, Avantec, enables producers of corn ethanol to squeeze an extra 2.5% ethanol out of the corn, thereby improving their profit margins significantly.
“Corn is the single biggest input cost for an ethanol producer, and as prices have gone up, profits have disappeared,” says Novozymes Executive Vice President Peder Holk Nielsen.
“Avantec is a vitamin shot for the industry. It allows you to save a lot of corn and still produce the same amount of ethanol. If you’re an ethanol producer in today’s market, that’s a real boost to your bottom-line.”
For a typical U.S. ethanol plant the savings are substantial. A plant uses around 900,000 tons of feed-grade corn per year to produce 100 million gallons of fuel ethanol, 300,000 tons of animal feed (DDGS) and 8,500 tons of corn oil.
With Avantec, such a plant can save 22,500 tons of corn while maintaining the same ethanol output.