Thursday, May 30, 2013

Chemical producer works to expand enzyme offerings

    BASF, a chemical production company, has made several transactions to grow its industrial enzyme field. It has completed the acquisition of Henkel's detergents enzyme technology. Additionally, BASF has entered into a research and license agreement with the global biotechnology company Dyadic International Inc., which provides access to a new production host technology. BASF has also signed a research and development collaboration agreement with Direvo Industrial Biotechnology to develop a feed enzyme for animal nutrition.
    "The acquired technologies are a prerequisite to develop and further strengthen our enzyme technology platform for attractive global market segments. We will use the acquired know-how and technology for the efficient development of future innovative customer solutions," said Michael Heinz, member of the board of executive directors of BASF.
    In order to add to its position as a supplier of differentiating ingredients to the detergents and cleaning industry, BASF completed the acquisition of Henkel's detergents enzyme technology, including production hosts, various detergent enzymes and corresponding intellectual property. Under the agreement, Henkel retains the right to use the technology for captive demand, including back-licensing provisions.
    In addition, BASF and Dyadic International announced that the two companies have entered into a non-exclusive worldwide research and license agreement for Dyadic's C1 production host technology. Under the terms of the license agreement, BASF will be able to use Dyadic's patented and proprietary C1 technology for gene discovery, expression and the production of enzymes and other proteins. BASF will fund research and development at Dyadic's research labs.
    Moreover, BASF and Direvo Industrial Biotechnology are broadening their collaboration on enzymes for animal nutrition. Direvo, an expert in enzyme development and optimization, and BASF will jointly develop a highly efficient protease for pig and poultry. Proteases are increasingly used in animal nutrition to improve the digestibility of soy. This new product will help animals to make better use of the nutrients in their diet and support their well-being. 

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