World News 01 30 2010
World News Headlines 01 30 2010

U.S. Economy Grew at Vigorous Pace in Last Quarter
By CATHERINE RAMPELL
The economy grew at an annualized rate of 5.7% in the quarter, faster than expected, but economists still worried about the sluggish job market
Jobless Turn to Family for Help
By MICHAEL LUO
When unemployment leads to borrowing from family and friends, the experience can be stressful.
Novozymes to launch ethanol product
by Reuters   Culled from Cnet

DAVOS, Switzerland--Danish biotech company Novozymes will launch in the first quarter this year a new enzyme to produce transport fuel from agricultural waste, Chief Executive Steen Riisgaard told Reuters on Saturday.
That was the company's firmest guidance yet on the timing of the release of the new product, called Cellic, said Riisgaard.
Novozymes has a 47 percent market share in the global enzyme industry, for use for example in the food and washing products industry, as well as bio-ethanol.
U.S. ethanol producer POET has trialed the Novozymes enzyme on a limited basis for a couple of months, but following the launch it would be available generally on a commercial basis.
"It's going to be ready in commercial quantities. You have to be able to do it at a big scale. We are building a facility at a new factory in Nebraska just for this purpose," Riisgaard said.
He said the company could show that its new product would be competitive with corn-based ethanol and gasoline.

This web site information was culled from several sources by RadioZX from around the World including The New York Times
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