ADM, Syngenta MOU Supports Low Carbon NextGen Oilseeds
OAKHURST, N.J. (DTN) --- ADM and Syngenta Group have signed a memorandum of
understanding to collaborate in scaling research and commercialization of
low-carbon intensity next generation oil seeds and improved varieties to help
meet demand for biofuels and other sustainably-sourced products.
The MoU envisions 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. The companies have
broad capabilities including: Syngenta's R&D engine, which offers biotechnology
support, seed treatments and biologicals that further reduce the carbon
intensity of crops, and agronomic knowledge from a network of local, field
experts combined with excellent farmer relationships; ADM's global scale and
logistical expertise, including unparalleled production and storage
capabilities, a vast logistical network, and relationships with growers and
customers spanning food, feed, fuel, industrial and consumer products.
ADM and Syngenta envision fostering partnership with additional companies to
support the creation, commercialization, and processing of next-generation
The companies expect to sign definitive agreements by the end of the year
and are already advancing important work together around growing and processing
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