With its base in the Istanbul Leather Organized Industrial Zone, LIVZYM Biotechnologies has plans to narrow the gap between Turkey’s enzyme imports and exports with expanded exports to Africa, Russia, and the Middle East, according to Dr. Serdal Uysal, General Manager and CEO of LIVZYM Biotechnologies. “The size of the enzyme industry has exceeded USD 10bn today, USD 2bn of which is consumed in the region where Turkey is located,” said Uysal. Our R&D and production facility, which projects annual enzyme exports of nearly USD 1bn, will transform the country into a biotechnology hub in the near future. The aim this year is to reach sales of USD 1-1.5m sales. LIVZYM will also reduce Turkey’s annual enzyme imports, amounting to USD 150m, by making products for the industrial enzyme sector, which is currently 100% dependent on imports. “At LIVZYM, we will develop specialized skills in biotechnology with a university industry collaboration model for industrial enzyme manufacturing,” said Uysal. The facility is also focused on the food industry and food enzymes. “We’ll produce 5,000 tonnes per year on average with our current capacity,” said Uysal. LIVZYM aims to develop 10 different enzyme portfolios.
Latest News:
The message from Russia: ‘I am in the Middle East too’
What matters on Thursday, March 23
The post-earthquake needs analysis
What matters on Wednesday, March 22
World automotive sector influenced by semiconductors (chip sector) demand
The highest monthly CAD in the history of the republic
What matters on Tuesday, March 21
What matters on Monday, March 20
Dollar lost its savings instrument edge
Quake-hit cities to get investment support
15% of earthquake victim voters migrated
What matters on Tuesday, March 14
A law specific to Istanbul is a must: Mayor of Istanbul
Share of compensation of employees in the GVA hits a 25-year low
Hunger limit doesn’t fit in wallets; new banknote is needed
Opposition bloc eyes deal to reunite, elevate popular mayors
Central Bank and SFD ink USD 5bn deposit deal
What matters on Monday, March 6
A big slowdown in the rate of interest reduction!

Leave a Reply