Around A$1 million has also been specially earmarked for industrial biotechnology.
Genetic engineering techniques have been used in research, agriculture, industrial biotechnology, and medicine.
The way Mr. Holliday sees it, so-called industrial biotechnology can solve myriad problems.
Still, of the chemical companies, DuPont seems to have the most immediate need for the advantages that industrial biotechnology can provide.
Genetic engineering techniques have been applied in numerous fields including research, agriculture, industrial biotechnology, and medicine.
It is considered to have pioneered the field of industrial biotechnology, as distinct from traditional applications of biotechnology to health care and agriculture.
Control of these acidophiles and their harnessing for industrial biotechnology shows their effect need not be entirely negative.
The third wave, White Biotechnology, refers to industrial biotechnology.
With respect to mitigation, the expansion of industrial biotechnology can offer new opportunities for fossil fuel substitution and carbon sequestration.
The application of industrial biotechnology has been proven to make quite significant contributions towards mitigating the impacts of climate change in these and other sectors.