Codexis To Make Household Cleaners

7/28/11

Redwood City, CA-based Codexis (NASDAQ: CDXS), the maker of industrial enzymes from renewable sources, said today it has formed a collaboration with Italy-based Chemtex to develop sustainable alcohols for use in household detergents. The companies said they plan to develop new detergent alcohols from cellulosic biomass sources, in hopes of taking a piece of the $6 billion global market for such home cleaning products. Financial terms of the partnership weren’t disclosed.

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