Finnish biocatalysis company MetGen has been awarded the 2019 European Technology Innovation Award by global research company Frost & Sullivan.
The judges chose to honour MetGen’s enzyme technologies METNIN™ and ENZINE® as they “solve the industry’s major pain points regarding the valorization of lignin, shorter technology development cycles, and customization of enzymes for different applications.”
METNIN™ enables products made from lignin to have a reduced carbon footprint while ENZINE® significantly reduces the technology development cycle of enzymes focused on biomass.
Alex Michine, CEO of MetGen, said, “We are humbled that Frost & Sullivan has recognised METNIN™ and ENZINE® as innovative technologies. This prestigious European award acknowledges the MetGen team’s dedication to finding renewable alternatives to oil-based products and helping companies get the most out of biomass.”