Genencor is a biotechnology company based in
Palo Alto
Palo Alto ( ; Spanish language, Spanish for ) is a charter city in northwestern Santa Clara County, California, United States, in the San Francisco Bay Area, named after a Sequoia sempervirens, coastal redwood tree known as El Palo Alto.
Th ...
,
CA and a subsidiary of
IFF
In logic and related fields such as mathematics and philosophy, "if and only if" (often shortened as "iff") is paraphrased by the biconditional, a logical connective between statements. The biconditional is true in two cases, where either both ...
.
Genencor is a producer of
Industrial enzymes and low-priced bulk protein. The name Genencor originates with Genencor, Inc., the original joint venture between
Genentech and
Corning Incorporated, which was founded in 1982. It is considered to have pioneered the field of
industrial biotechnology, as distinct from traditional applications of biotechnology to health care and agriculture.
In 2005 Genencor was acquired by
Danisco
Danisco A/S is a Denmark, Danish bio-based company with activities in food production, enzymes and other bioproducts as well as a wide variety of pharmaceutical grade excipients. It was formed in 1989 from the largest Danish industrial merger e ...
.
In 2008 Genencor entered a joint venture with
DuPont
Dupont, DuPont, Du Pont, duPont, or du Pont may refer to:
People
* Dupont (surname) Dupont, also spelled as DuPont, duPont, Du Pont, or du Pont is a French surname meaning "of the bridge", historically indicating that the holder of the surname re ...
, called
DuPont Danisco Cellulosic Ethanol LLC, to develop and commercialize low cost technology for the production of
cellulosic ethanol. In 2008, Genencor and
Goodyear announced they were working to develop BioIsoprene.
In 2011, DuPont acquired Danisco for $6.3 billion.
In 2021, portions of DuPont including the Genencor division were acquired by
International Flavors & Fragrances.
Awards
Genencor achieved the following awards:
*Named No. 2 Best Medium-Sized Company to Work for in America by the Great Place to Work® Institute, Inc. (2004)
*Named No. 1 Best Medium-Sized Company to Work for in America by the Great Place to Work® Institute, Inc. (2005)
*Named No. 1 Best Place to Work in the Bay Area by the San Francisco Chronicle (2005)
*Named No. 11 Best Medium-Sized Company to Work for in America by the Great Place to Work® Institute, Inc. (2011)
See also
*
Environmental biotechnology
*
Agricultural biotechnology
References
Biotechnology companies of the United States
Biotechnology companies established in 1982
1982 establishments in California
Companies based in Rochester, New York
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