COPENHAGEN Oct 15 Danish industrial enzymes
producer Novozymes (NZYMb.CO) and Brazil's Petrobras (PETR4.SA)
are expected to announce a partnership to develop advanced
biofuels, Danish business daily Borsen said on Friday.
The newspaper cited Novozymes Chief Executive Steen Risgaard
as saying that partnering with Petrobras would send an important
signal to political decision-makers about development of the
"Petrobras has a unique status on the Brazilian market,"
Risgaard told the paper. "So this is of great importance to us."
Borsen said that the deal to cooperate in developing a new
method of producing second-generation bioethanol from sugarcane
bagasse would be announced on Friday.
The cooperation would encompass development of enzymes and
fuel production processes. Enzymes are used to break down
biomass into sugars that can be distilled into ethanol.
(Reporting by John Acher; Editing by Mike Nesbit)