Developing Feedstocks for Renewable Fuels
Bayer and Neste, a producer of sustainable aviation fuel and renewable diesel, have signed a memorandum of understanding (MOU) to jointly scale winter canola as a biomass-based feedstock for renewable products like biofuels.
The companies are going to develop winter canola in the Southern Great Plains of the U.S., including product development and additional collaborations to enable Bayer to enter this market.
Bayer’s Crop Science Division Head of Strategy & Sustainability Frank Terhorst said renewable fuels are playing an important role in the decarbonization of transportation and energy while global targets continue to shape biofuel markets and accelerate demand for biomass-based feedstocks.
“We are committed to supporting farmers’ ability to deliver low-carbon feedstocks on demand, through investments in new crops like winter canola and advancements in sustainable cropping systems,” he said.