ADM and Syngenta Group signal MoU to help low-carbon next-generation oilseeds and improved varieties to fulfill rising demand for biofuels and different merchandise.
ADM (NYSE: ADM), a worldwide chief in vitamin and agricultural origination and processing, and Syngenta Group, one of many world’s largest agricultural know-how firms, introduced they’ve signed a memorandum of understanding (MoU) to collaborate in scaling analysis and commercialization of low carbon-intensity next-generation oilseeds and improved varieties to assist meet skyrocketing demand for biofuels and different sustainably-sourced merchandise.
The MoU envisions a collaboration during which ADM and Syngenta would leverage their present capabilities to speed up the analysis, processing, and commercialization of recent, low carbon-intensity oilseeds, akin to Camelina, which can be usually grown within the fallow interval of a crop rotation. The businesses have broad capabilities together with:
- Syngenta’s R&D engine, which presents biotechnology help, seed remedies, and biologicals that additional cut back the carbon depth of crops, and agronomic data from a community of native, subject specialists mixed with wonderful farmer relationships.
- ADM’s international scale and logistical experience, together with unparalleled manufacturing and storage capabilities, an unlimited logistical community, and relationships with growers and clients spanning meals, feed, gasoline, industrial and client merchandise.
ADM and Syngenta envision fostering partnerships with further firms to help the creation, commercialization and processing of next-generation oilseeds.
Greg Morris, president of ADM’s Ag Companies & Oilseeds enterprise mentioned:
This thrilling MOU with Syngenta demonstrates how we’re working with companions to convey the complete worth chain collectively to help new seed applied sciences.
“It builds on our distinctive capabilities by making a path to scale the processing of canopy crops, a course of we’ve already efficiently piloted. We stay up for working with Syngenta to advance this work and proceed to fulfill demand for sustainably sourced fuels and different merchandise.”
Justin Wolfe, President of Syngenta World Seeds mentioned:
Syngenta is worked up to affix forces with ADM to convey extra sustainable and worthwhile options to farmers.
“Sustainability is a core enabler of our enterprise technique. We imagine collaborations, akin to this one, are vital methods to drive faster innovation that delivers greater yield potential whereas carrying a decrease affect to our surroundings. Work will start in North America.”
World demand for biofuels – akin to sustainable aviation gasoline, which will be created from all kinds of feedstocks, together with oilseeds akin to those envisioned on this MOU – is predicted to develop by 35 billion liters per 12 months, or 22%, over the 2022-2027 interval, based on the Worldwide Vitality Affiliation.
Alison Taylor, ADM’s chief sustainability officer mentioned:
Farmers have at all times been stewards of the land.
“We’re already increasing our partnerships with farmers by means of our re:generations™ regen ag program; this MOU represents one other pathway for us to assist them drive worth by positioning their companies to fulfill international demand for sustainably-sourced merchandise.”
Daniel Vennard, Syngenta Group’s Chief Sustainability Officer mentioned:
Reworking agriculture will likely be fueled by innovation, but it surely have to be achieved at scale.
“This can’t be carried out alone. The entire meals and agriculture system must work in partnership with farmers on the middle. Our collaboration with ADM is an ideal instance of our continued dedication and we’re excited to see what we are going to do collectively and the way we will encourage the {industry}.”
The businesses anticipate to signal definitive agreements by the tip of the 12 months and are already advancing vital work collectively round rising and processing next-generation varieties.
About ADM
ADM unlocks the ability of nature to complement the standard of life. We’re a premier international human and animal vitamin firm, delivering options as we speak with an eye fixed to the long run. We’re blazing new trails in well being and well-being as our scientists develop groundbreaking merchandise to help more healthy residing. We’re a cutting-edge innovator main the best way to a brand new way forward for plant-based client and industrial options to interchange petroleum-based merchandise.
We’re an unmatched agricultural provide chain supervisor and processor, offering meals safety by connecting native wants with international capabilities. And we’re a frontrunner in sustainability, scaling throughout total worth chains to assist decarbonize our {industry} and safeguard our planet. From the seed of the concept to the end result of the answer, we give clients an edge in fixing the dietary and sustainability challenges of as we speak and tomorrow. Be taught extra at www.adm.com.
About Syngenta Group
Syngenta Group is among the world’s largest agricultural know-how firms, with roots going again greater than 250 years. With greater than 59,000 staff, working in additional than 100 international locations, the corporate strives to rework meals manufacturing by means of Regenerative Agriculture – a science-driven, technology-enabled method to enhance soil, ship excessive productiveness and high-quality meals, assist combat local weather change and restore misplaced biodiversity.
Syngenta Group, which is registered in Shanghai, China, and has its administration headquarters in Switzerland, attracts power from its 4 enterprise items: Syngenta Crop Safety, headquartered in Switzerland; Syngenta Seeds, headquartered in the US; ADAMA®, headquartered in Israel; and Syngenta Group China.
Collectively, these companies present industry-leading methods to serve clients all over the world. For Syngenta Group photographs and movies, please go to the Syngenta Group Media Library.
READ the most recent information shaping the biofuels market at Biofuels Central
ADM and Syngenta Group Signal MoU to Assist Low-Carbon Subsequent-Technology Oilseeds and Improved Varieties to Meet Rising Demand for Biofuels and Different Merchandise, CHICAGO & BASEL, Switzerland, September 28, 2023
