Calyxt advances soybean-based palm oil alternative
November 21, 2022
| Rebecca Gendron
The collaboration with an unnamed, leading global food ingredient manufacturer based in Asia leverages Calyxt’s proprietary PlantSpring™ platform for engineering plant metabolism to produce high value chemistries.
Calyxt aims to complete the collaboration and receive a final milestone payment in the first quarter of 2024. It notes the collaboration “comes at a critical time in the international dialogue regarding the sustainability and environmental impact of traditional palm oil sourcing and production.”
Category: Chemicals & Materials