ADM, Syngenta Group sign MoU to support low-carbon next-generation oilseeds to meet growing biofuels demand
In Illinois, ADM said it has signed a Memorandum of Understanding (MoU) with Swiss company Syngenta Group to collaborate in scaling research and commercialization of low carbon-intensity next-generation oilseeds and improved varieties to help meet the growing demand for biofuels and other sustainably-sourced products.
The MoU stipulates a collaboration in which ADM and Syngenta would leverage their existing capabilities to accelerate the research, processing, and commercialization of new, low carbon-intensity oilseeds, such as Camelina, that are typically grown in the fallow period of a crop rotation.
“This exciting MoU with Syngenta demonstrates how we are working with partners to bring the full value chain together to support new seed technologies,” said Greg Morris, president of ADM’s Ag Services & Oilseeds business. “It builds on our unique capabilities by creating a path to scale the processing of cover crops, a process we’ve already successfully piloted. We look forward to working with Syngenta to advance this work and continue to meet demand for sustainably sourced fuels and other products.”
Category: Fuels
