Verenium announced that it has received regulatory authorization from the Environmental Protection Agency to market its next-generation cellulase enzyme for non-food applications, including use as a biocatalyst to break down the guar-based gel used in hydraulic fracturing. Verenium estimates the addressable market in the U.S. for guar breakers in hydraulic fracturing is $250M. The company expects to launch this next-generation product in the second half of 2012.
The U.S. Federal Reserve's explicit signal it will stop pumping money into the world economy and data showing China's …