DuPont (DD) Unit Unveils Synerxia Fermentation System
DuPont' s DD Industrial Biosciences unit has launched its DuPont Synerxia Fermentation System - a ground-breaking approach to fermentation that will help ethanol makers improve their yields by up to 2% while reducing total sugar levels at drop by up to 25%.
The Synerxia Fermentation System is easy to use and also performs very well. The system includes Synerxia Prime ADYT - a bioengineered yeast along with the world's only commercial dry trehalase. The dry yeast does not require any special storage or handling. The system also includes Synerxia Prime LC - a new glucoamylase blend that provides three times the debranching activity of traditional glucoamylase. The glucoamylase in the system releases more glucose for the yeast to ferment, improving ethanol yield.
The system also provides the benefit of 20%-25% lower sugar levels at drop and full end-to-end onsite technical support. DuPont Industrial Biosciences works with customers across a wide range of industries to improve products and make processes more sustainable.
DuPont's shares rose around 0.3% to close at $67.55 on Jun 20.
DuPont is committed to applying and developing superior technology in the developing regions of the world. In line with this effort, it recently opened its ASEAN (Association of Southeast Asian Nations) headquarters in Singapore. The science and technology hub provides the ideal environment for a company devoted to scientific innovation.
The co-location of business leaders with scientists and engineers makes Singapore an ideal choice for DuPont which aims to take advantage of the region's high growth potential. The city provides a strong research foundation and good connectivity to the rest of the ASEAN region.
DuPont reported adjusted earnings of $1.26 per share in first-quarter 2016, outperforming the Zacks Consensus Estimate of $1.02. Earnings were aided by cost saving plans. Sales of $7.4 billion for the reported quarter also beat the Zacks Consensus Estimate, despite currency headwinds and lower volumes. The company is undertaking an aggressive restructuring program this year, with numerous cost-cutting actions, including the layoff of 10% of its workforce.
DuPont currently holds a Zacks Rank #2 (Buy).
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