Activities
The company’s activities are structured into two lines of business: "Food Ingredients" and "Industrial Enzymes". The Food Ingredients business supplies bio-based ingredients for food and beverage products and comprises the business segments Enablers, Cultures and Sweeteners, while the Industrial Enzymes business (handled by daughter company Genencor) focuses on industrial biotechnology and encompasses business segments such as Fabric and Household Care (enzymes for laundry and dishwashing detergents), Technical Enzymes (enzymes for bioethanol and carbohydrate processing as well as textile treatment), and Food and Animal Nutrition (enzymes for bread, feed and brewing applications).
Danisco also has two biochemical projects: DuPont Danisco Cellulosic Ethanol LLC, a biofuels joint venture with DuPont, and a project with Goodyear to develop a new type of synthetic rubber, called bioIsoprene.
On 9 January 2011, DuPont announced that it had reached agreement to buy Danisco for US$6.3 billion. The acquisition was motivated by a desire by DuPont "to gain production of food additives and enzymes used in biofuels." On May 16, 2011, DuPont announced that its tender offer for Danisco had been successful and that it would proceed to redeem the remaining shares and delist the company.
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Famous quotes containing the word activities:
“Minds do not act together in public; they simply stick together; and when their private activities are resumed, they fly apart again.”
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“I am admonished in many ways that time is pushing me inexorably along. I am approaching the threshold of age; in 1977 I shall be 142. This is no time to be flitting about the earth. I must cease from the activities proper to youth and begin to take on the dignities and gravities and inertia proper to that season of honorable senility which is on its way.”
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“There is, I think, no point in the philosophy of progressive education which is sounder than its emphasis upon the importance of the participation of the learner in the formation of the purposes which direct his activities in the learning process, just as there is no defect in traditional education greater than its failure to secure the active cooperation of the pupil in construction of the purposes involved in his studying.”
—John Dewey (1859–1952)