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Bunge and GDM Announce Joint Venture, Enerseed, to Develop Novel Oilseeds for Low-Carbon Fuel Feedstocks

BG
  • Bunge & GDM announced a strategic joint venture named Enerseed to develop novel oilseeds for low-carbon biofuel feedstocks.
  • The partnership combines GDM's plant genetics & gene editing expertise with Bunge's global processing scale & market access.
  • Enerseed aims to create an integrated end-to-end value chain from seed development to sustainable feedstock delivery.
  • Initial seed development projects will launch in select markets with potential global expansion as crops mature.
  • Target non-traditional oilseeds offer environmental benefits including improved soil health, reduced erosion, nitrogen fixation, & lower water needs.
  • The venture seeks to provide farmers with additional cropping options, revenue from fallow periods, & access to premium lower-carbon markets.
  • Enerseed will operate on an open licensing model to share intellectual property & foster collaboration among seed companies, universities, & researchers.
  • GDM CEO Ignacio Bartolome stated the JV extends their mission of food security into sustainable energy solutions.
  • Bunge COO Julio Garros noted the collaboration supports energy security & decarbonization of global supply chains.
  • Further information & partnership inquiries can be directed to www.enerseed.com.