Attis Announces Collaboration with Novozymes to Provide Bio-technology for Ethanol Production at its Biorefineries
ATTIS INDUSTRIES INC COMMON (ATIS)
US:NASDAQ Investor Relations:
ir.attisind.com
Company Research
Source: GlobeNewswire
MILTON, GA, Jan. 16, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Attis Industries Inc.(NASDAQ: ATIS) (the "Company" or "Attis"), a diversified innovation and technology holding company today announced it will collaborate with Novozymes A/S(NASDAQ OXM: NZYM-B,OTCPK:NVZMF), a world leader in biotechnology for renewable fuel production. Under this newly announced relationship, Novozymes has committed to supplying the enzymes required by Attis to convert its pulp into sugar at all of its planned biorefineries. Novozymes has a broad portfolio of biotechnology to support commercial cellulosic biofuels production, and the ability to ramp up production as needed in an effort to support Attis' ambitious growth plans. Attis has successfully converted the pulp extracted from its patented biomass processing into high yields of sugar using Novozymes’ proprietary enzyme cocktails. These successful results have validated the planned business model at Attis' biorefineries. The partnership wi
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