Agricultural News
Novozymes Applauds Senate Passage of Farm Bill
Thu, 21 Jun 2012 18:31:35 CDT
Novozymes, a producer of enzymes that turn biomass into biofuels, applauded the Senate's passage of the Agriculture Reform, Food and Jobs Act of 2012 (S. 3240), which reauthorizes the nation's farm policy by a vote of 64 to 35. The bill includes $800 million in mandatory funding for critical energy programs, including the Biorefinery Assistance Program, Biomass Crop Assistance Program and Bio-Based Markets Program.
"This vote is a victory for our farmers, drivers - and economy. America's renewable energy industry is putting steel in the ground and Americans to work. With this bill, we can keep that momentum and success going," Adam Monroe, President of Novozymes North America, said. "Private companies like ours are investing but need stable policy to keep that investment going. We thank the Senate for its leadership and urge the House to follow suit."
The Farm bill's energy title funds USDA programs that help jumpstart additional biorefinery construction for advanced biofuels and renewable chemicals, dedicated energy crop feedstock development and consumer demand of biobased products - all encouraging further commercialization of the industry. A key House committee is scheduled to mark up its version of the farm bill on Wednesday, July 11.
Novozymes recently inaugurated a new biofuels enzyme manufacturing plant in Blair, Nebraska, the largest and most sophisticated plant of its kind in the United States. With $200 million in private investment, the facility created 400 construction jobs and 100 permanent jobs.
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