Casterra Ag signs $9.1M castor seed deal for cultivation in Africa

In Israel, Casterra Ag Ltd., an integrated castor cultivation solution company and a subsidiary of Evogene Ltd., has signed a framework agreement to sell seeds of its proprietary castor varieties to one of the world’s leading oil and gas companies for cultivation in specific African territories. Initial purchase orders, valued at an aggregate of $9.1 million, were received and the seeds are expected to be delivered during 2023. Casterra’s high-yield, high-oil castor seed varieties are optimized for biofuel production to support the growing market of sustainable energy.