CIMV and Dyadic enter into collaboration to commercialize second generation biofuel technology in where Taurus will provide the yeast

Compagnie Industrielle de la Matière Végétale (“CIMV”) a pioneer company in developing processes for the production of biofuels and bio-based chemicals announced today that it has signed a collaboration agreement to commercialize second generation biofuel and biobased chemical technology with Dyadic International, Inc. (“Dyadic”) (OTCQX: DYAI), a global biotechnology company whose patented and proprietary technologies are used to develop, manufacture and sell enzymes and other proteins for the bioenergy, bio-based chemical, biopharmaceutical and industrial enzyme industries. Taurus Energy AB cooperates with both CIMV and DYADIC in developing second generation biofuel technology, in where Taurus will provide the yeast.

Read the full press release below

Cimv-and-Dyadic-press-release 20140804