Home / Knowledge / News / Textiles / Novozymes CEO joins Barack Obama for roundtable discussion
Novozymes CEO joins Barack Obama for roundtable discussion
21
May '14
Novozymes President and CEO Peder Holk Nielsen joined U.S. President Barack Obama and other international business leaders at the White House on 20th May, 2014, for a roundtable discussion on investing in the United States.
 
President Obama and the business leaders discussed the opportunities for locating, growing and hiring in the U.S. and key factors that would encourage further investment. Peder Holk Nielsen focused his comments on the importance of policy stability and education. 
 
“We know generating foreign investment in the U.S. is a priority for President Obama. It’s also a priority for Novozymes,” said Peder Holk Nielsen. “The U.S. is one of our most important markets and – from putting steel in the ground to finding solutions in the lab – we’ve committed more than $500 million to growing it. Long-term stable policies like the Renewable Fuel Standard coupled with skilled workers to innovate the next generation of our technology are critical to continue our momentum. We’re honored to work with the President to leverage these strengths for continued economic growth in America.” 
 
The meeting was part of the Administration’s efforts to highlight the U.S. Department of Commerce’s SelectUSA program, which promotes the U.S. as a premiere location for business and investment. Additional Administration participants included Commerce Secretary Penny Pritzker, Senior Advisor Valerie Jarrett and National Economic Council Director Jeff Zients. During the meeting, the President announced the second SelectUSA Summit to be held in the Spring of 2015 in Washington, D.C. 
 
In April, Novozymes announced the establishment of a new U.S.-based research and development center dedicated to its BioAgriculture business. The center will be located near the Research Triangle Park in Cary, North Carolina where the company will invest $36 million over the next three years and create 100 new research and development jobs. 
 
In May 2012, Novozymes opened a $200 million advanced manufacturing facility in Blair, Nebraska – the biggest and most sophisticated of its kind in the United States. The plant is dedicated to making enzymes for renewable fuels, turning biomass – from agricultural waste to household trash – into fuel. The plant created 500 jobs: 100 full-time and 400 for construction. Novozymes leveraged its private investment with an advanced manufacturing tax credit from the American Recovery and Reinvestment Act, allowing the plant’s technology to come online more quickly and move the renewable fuels industry – especially cellulosic and other advanced biofuels – to commercialization.

Novozymes

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search