Bunge and GDM Form Enerseed Joint Venture to Develop Low-Carbon Oilseed Feedstocks for Biofuels
marketscreener.comBunge and GDM have announced a joint venture called Enerseed to develop novel oilseeds for use as low-carbon fuel feedstocks. The partnership combines GDM's plant genetics and breeding expertise with Bunge's global processing and market reach. The goal is to accelerate commercialization of non-traditional oilseed crops that can be used in renewable fuels, with environmental benefits like improved soil health, nitrogen fixation, and lower water requirements. Enerseed will operate under an open licensing model, making its intellectual property available to qualified partners to encourage broader adoption. The first projects are expected to start in select markets and could expand globally. This move reflects growing interest in diversifying feedstock sources for biofuels and reducing the carbon intensity of fuel supply chains.
