| Type | Private |
|---|---|
| Industry | Biotechnology |
| Founded | 1982 |
| Headquarters | Rochester, New York, USA |
| Key people | Tjerk de Ruiter, Chairman & CEO Michael Arbige, Vice President, Technology |
| Products | Purafect, Properase, Spezyme |
| Revenue | $380 Million USD (2005) |
| Employees | 1,500 (2005) |
| Parent | Danisco |
| Website | http://www.genencor.com/ |
Genencor is a biotechnology company based in Palo Alto, CA and a subsidiary of Danisco, the Danish food ingredient company. Genencor is a leading 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.
Genencor ranks number 12 in revenues in the List of biotechnology companies. In 2008 Genencor entered a joint venture with DuPont, 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 are working to develop BioIsoprene.