Bayer: signs MoU with Neste
(CercleFinance.com) - Bayer announces the signature of a memorandum of understanding with Neste to develop the winter rapeseed industry as a feedstock for biofuels.
The companies will work together to create an ecosystem around this crop in the Southern Great Plains in the United States, with a planned launch in 2027 for TruFlex hybrid rapeseed, incorporating Roundup Ready and gin-resistant technologies.
This partnership aims to offer regenerative agricultural solutions while diversifying raw materials for renewable products.
Bayer and Neste will finalize a definitive agreement in 2025.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The companies will work together to create an ecosystem around this crop in the Southern Great Plains in the United States, with a planned launch in 2027 for TruFlex hybrid rapeseed, incorporating Roundup Ready and gin-resistant technologies.
This partnership aims to offer regenerative agricultural solutions while diversifying raw materials for renewable products.
Bayer and Neste will finalize a definitive agreement in 2025.
Copyright (c) 2025 CercleFinance.com. All rights reserved.