India, Sept. 3 -- Denmark-based Novonesis will expand its facility in Patalganga, Maharashtra and build one of the world's most advanced enzyme production facilities. The €600 million investment will increase Novonesis' production capacity to meet rising worldwide demand for the company's biosolutions and strengthen the flexibility and resilience of its global supply network.

The Patalganga expansion is a milestone in Novonesis' strategy and key to achieving the company's growth ambitions. The facility, which is expected to be fully operational in 2030, will produce enzymes for a broad range of industries, including biofuels, household care, and food and beverages.

This state-of-the-art facility will be integrated into the company...