[Federal Register Volume 60, Number 234 (Wednesday, December 6, 1995)]
[Notices]
[Page 62477]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-29675]
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DEPARTMENT OF JUSTICE
Notice Pursuant to the National Cooperative Research and
Production Act of 1993--Continuous Biocatalytic Systems for the
Production of Chemicals From Renewable Resources
Notice is hereby given that, on September 15, 1995, pursuant to
Section 6(a) of the National Cooperative Research and Production Act of
1993, 15 U.S.C. Sec. 4301 et seq. (``the Act''), Genencor
International, Inc. filed notifications simultaneously with the
Attorney General and the Federal Trade Commission disclosing (1) the
identities of the parties to and (2) the nature and objectives of the
joint venture. The notifications were filed for the purpose of invoking
the Act's provisions limiting the recovery of antitrust plaintiffs to
actual damages under specified circumstances. Pursuant to Section 6(b)
of the Act, the identities of the parties to the joint venture are
Genencor International, Inc., Rochester, NY; Eastman Chemical Company,
Kingsport, TN; ElectroSynthesis Company, Inc., Lancaster, NY;
MicroGenomics, Inc., Somerville, NJ; and Argonne National laboratory,
Argonne, IL. The objective of the joint venture is to explore
economically viable biocatalytic systems for the production of various
chemicals from renewable agricultural resources, including corn and
other carbohydrate-rich plant materials. The biocatalytic systems are
intended to be continuous as opposed to the more costly batch mode
currently employed in biocatalysis, significantly reducing the amount
of time required to achieve competitive process economics. If
successful, the project could result in reducing the nation's reliance
on imported petroleum and benefiting the U.S. chemical and chemical-
consuming industries.
Constance, K. Robinson,
Director of Operations, Antitrust Division.
[FR Doc. 95-29675 Filed 12-5-95; 8:45 am]
BILLING CODE 4410-01-M