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.
MetGen CEO Alex Michine accepting the 2019 European Technology Innovation Award
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."