Genomatica-Cargill Collaboration Accelerates Renewable Chemical Production
Aug. 31, 2015
New Genomatica-Cargill collaboration will bring more renewable chemicals to market.
Genomatica and Cargill enter into a collaboration agreement to accelerate the production of renewable chemicals for industrial applications. The collaboration will give chemical producers, distributors and users access to carbohydrate feedstocks, co-location support services and production partnerships, based on Geno process technologies.
The companies will co-market Cargill's feedstock and production services to current and prospective Genomatica licensees, and chemical users and distributors. To strengthen the companies' collaboration, Cargill made an equity investment in Genomatica and secured rights to make additional investments.
