11 Jan 2010 |
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DSM invests in Bioprocess Control AB to optimize biogas processes |
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DSM Venturing, the corporate venturing unit of Royal DSM N.V., today announces that it has made an equity investment in Bioprocess Control AB, a market leader in providing advanced control technologies and services that enable the efficient design and optimal operation of biogas processes. In addition to the investment, a strategic cooperation agreement has been signed which will enable DSM and Bioprocess Control AB to leverage their complementary activities in the area of biogas. Financial details will not be disclosed.
Bioprocess Control AB (www.bioprocesscontrol.com) is a privately held company based in Lund, Sweden and market leader in providing advanced control technologies for the commercial biogas industry. The company was founded in 2006, bringing to market close to 10 years of industry leading research in the area of instrumentation, control and automation of anaerobic digestion processes, allowing for the efficient design and operation of biogas plants and processes.
DSM Venturing is an active investor in start-up companies, which create innovative products and services in Life Sciences and Materials Sciences that contribute to the quality of life. DSM Venturing's mission is to explore emerging markets and technologies in order to support DSM's innovation and growth strategy. Besides financial support, DSM Venturing supports the start-up companies with DSM's knowledge, resources and networks in order to establish mutual benefits and learnings. To DSM, venturing is an integral part of DSM's open innovation approach, focused on teaming up with innovative players all over the world. More information: www.dsm-venturing.com. Royal DSM N.V. creates innovative products and services in Life Sciences and Materials Sciences that contribute to the quality of life. DSM's products and services are used globally in a wide range of markets and applications, supporting a healthier, more sustainable and more enjoyable way of life. End markets include human and animal nutrition and health, personal care, pharmaceuticals, automotive, coatings and paint, electrical and electronics, life protection and housing. DSM has annual net sales of EUR 9.3 billion and employs some 23,500 people worldwide. The company is headquartered in the Netherlands, with locations on five continents. DSM is listed on Euronext Amsterdam. More information: www.dsm.com For more information:
Bioprocess Control AB Kristofer Cook (CEO) tel. +46 (0) 46 163952 Mobile +46 (0) 708796580 fax +46 (0) 46 163959 |
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Press release |
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