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Business
Degussa sets renewables goal
February 20, 2006
| A version of this story appeared in
Volume 84, Issue 8
Degussa aims to double its sales of products based on renewable materials over the next five years, says Chairman Utz-Hellmuth Felcht, from 5% today to around 10%. "Depending on how the costs of raw materials develop, there is every likelihood that this proportion could amount to 20% in 10 years," he adds. Degussa is underscoring its ambitious targets in industrial biotechnology with its new Science to Business Center Bio, which began operations at the beginning of this year.
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