Genencor
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Company type | Subsidiary |
|---|---|
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| Headquarters | Palo Alto, California, U.S. |
Key people | Tjerk de Ruiter (Chairman & CEO) |
| Products | Purafect, Properase, Spezyme |
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| Parent | IFF |
| Website | biosciences |
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Genencor is a biotechnology company based in Palo Alto, CA and a subsidiary of IFF.[1] Genencor is a producer of Industrial enzymes and low-priced bulk protein. It is considered to have pioneered the field of industrial biotechnology, as distinct from traditional applications of biotechnology to health care and agriculture.[2]
History
The name Genencor originates with Genencor, Inc., the original joint venture between Genentech and Corning Incorporated, which was founded in 1982. A.E. Staley made a substantial investment to the company in 1984, making it a partner with Corning and Genentech. After Eastman bought A.E. Staley's share, Genencor became part of Eastman Kodak.[3]
In 2005 Genencor was acquired by Danisco.[4]
In 2008 Genencor entered a joint venture with DuPont, called DuPont Danisco Cellulosic Ethanol LLC, to develop and commercialize low cost technology for the production of cellulosic ethanol.[5] In 2008, Genencor and Goodyear announced they were working to develop BioIsoprene.
In 2011, DuPont acquired Danisco for $6.3 billion.[6][7]
In 2021, portions of DuPont including the Genencor division were acquired by International Flavors & Fragrances.[8]
See also
References
- ^ Page Module:Citation/CS1/styles.css has no content.DuPont. "DuPont to Acquire Danisco for $6.3 Billion". www.prnewswire.com. Retrieved 2019-07-11.
- ^ Page Module:Citation/CS1/styles.css has no content.Bajpai, Pratima (2015). Pulp and Paper Industry: Chemicals. Amsterdam: Elsevier. p. 312. ISBN 978-0-12-803425-5.
- ^ Page Module:Citation/CS1/styles.css has no content.Ee, Jan H. van; Misset, Onno (1997). Enzymes in Detergency. Boca Raton, FL: CRC Press. p. 16. ISBN 0-8247-9995-X.
- ^ Page Module:Citation/CS1/styles.css has no content.Danisco acquire Genencor for $419 million
- ^ Qureshi, Nasib; Hodge, David B.; Vertes, Alain (2014). Biorefineries: Integrated Biochemical Processes for Liquid Biofuels. Newnes. p. 63. Template:ISBN.
- ^ Page Module:Citation/CS1/styles.css has no content.Michael J. De La Merced (2011-01-09). "DuPont to Buy Danisco for $5.8 Billion". The New York Times.
DuPont agreed Sunday evening to buy Danisco, a Danish specialty food ingredients maker, for $5.8 billion in cash... as well as assume $500 million of Danisco's debt.
- ^ Page Module:Citation/CS1/styles.css has no content."DuPont Acquires Danisco in $6.3B Deal". GEN - Genetic Engineering and Biotechnology News. 2011-01-10. Retrieved 2026-05-21.
- ^ Page Module:Citation/CS1/styles.css has no content."IFF to merge with DuPont's $26.2 billion nutrition unit". CNBC. 2019-12-16. Retrieved 2021-02-15.
