Novozymes signs new partners for bio-agriculture arm


Novozymes has signed two new partners for its biological agriculture business (BioAg) – Univar Solutions and UPL – adding to its previously exclusive partnership with Bayer.

logo novozymes webBioAg will continue its close innovation and commercial partnership with Bayer within corn and soy.

Novozymes said it had been happy with its collaboration since 2014 with Monsanto and then Bayer, which bought Monsanto last year for $63 billion (£48.2 billion).

“But there are of course things they don’t have focus on, for example peanuts. That’s one area we can now send to a place where it will get the needed attention,” head of Novozymes’ Agriculture & Bioenergy business Tina Sejersgaard Fano said.

Novozymes’ BioAg business is a part of its Agriculture and Feed division, which accounted for 14 percent of its total sales of 14.4 billion Danish crowns ($2.17 billion) last year.

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