Diversa Corporation, San Diego, and DuPont, Wilmington, Del., enter into a six-year alliance to discover and develop new biocatalysts for the production of fuel ethanol and other value-added chemicals from renewable resources, such as corn and biomass. (Industry News).Diversa Corporation, San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , and DuPont, Wilmington, Del., enter into a six-year alliance to discover and develop new biocatalysts for the production of fuel ethanol and other value-added chemicals from renewable resources Noun 1. renewable resource - any natural resource (as wood or solar energy) that can be replenished naturally with the passage of time natural resource, natural resources - resources (actual and potential) supplied by nature , such as corn and biomass. DuPont will receive $19 million in matching funds Noun 1. matching funds - funds that will be supplied in an amount matching the funds available from other sources cash in hand, finances, funds, monetary resource, pecuniary resource - assets in the form of money from the U.S. Department of Energy over four years; Diversa will collaborate with DuPont on the biorefinery grant and will receive research funding Research funding is a term generally covering any funding for scientific research, in the areas of both "hard" science and technology and social science. The term often connotes funding obtained through a competitive process, in which potential research projects are evaluated and , as well as milestone payments and royalties on any products developed. Known as the "Integrated Corn-Based Bioproducts Refinery," the project is designed to demonstrate the feasibility and practicality of alternative energy and renewable resource technology. |
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