CPSE:NSIS BChemicals
What Novozymes Stock's Patalganga Expansion Means For Shareholders
Novonesis, which includes the former Novozymes business, has committed €600 million to expand its Patalganga site and build a new facility that will supply enzymes for biofuels, household care, and food and beverages, with full operations targeted for 2030.
The project is designed to use less water and energy and to sit within a wider buildout of production capacity closer to customers across India, the Middle East, and Africa, which are described as increasingly important regions for the...