MetGen, based in Turku, is focusing on enzymatic technologies in industrial processes (meaning simply industrial enzymes) trial to increase energy efficiency in industrial biofuel production. The core customers include the pulp & paper industry, which have realized the potential of creating significant value from the current by-product/waste streams. In Finland and the Nordic countries, several industry leaders have ongoing R&D projects to convert industrial waste or wood waste into energy and cellulosic ethanol. MetGen, still at the development stage, has several interesting R&D projects in the pipeline in this segment. The company develops enzymes useful in areas such as biomass treatment for energy conservation in the pulp & paper industry, and bioethanol production.