Deinove’s proposed capital raising (€9.3m) should allow the company to continue to develop its technology to the point when commercial revenues are expected to begin (2017/18). The intended distribution of the proceeds among Deinove’s businesses highlights the increased importance of the Deinochem offering within Deinove’s portfolio. It also highlights the greater number of potential revenue-generating projects beyond biofuels to which Deinove can now point.

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