Nuseed lands multiyear offtake agreement with Saipol for carinata
Photo: Nuseed Ltd.
July 21, 2020
BY Nuseed
Nuseed Ltd., a wholly owned subsidiary of Nufarm Ltd., has executed a commercial offtake agreement with Saipol, the largest biodiesel producer in Europe, to supply Nuseed Carinata as a feedstock for certified low carbon oil for renewable fuels and high-protein, non-GMO meal for livestock feed.
The multiyear agreement follows the first commercial Nuseed Carinata shipment to Saipol’s crush plant in France last month. The Nuseed Carinata production system, currently grown in Argentina, achieved best-in-class greenhouse gas reduction (GHG), certified by the leading independent globally recognized Roundtable on Sustainable Biomaterials.
Advertisement
Saipol is a European leader in oilseed processing that develops markets for edible vegetable oils and derivatives, protein-rich meals, and low carbon renewable fuels.
“Nuseed Carinata is an excellent, purpose-built biofuel feedstock with non-GMO, high-protein meal,” said Saipol CEO Christophe Beaunoir. “From seed to the field and to our processing facility, every step is closely managed by Nuseed and independently certified by RSB, providing us complete confidence in quality, supply and the substantial GHG reduction we can provide.”
Advertisement
Brent Javra, general manager of global commercial operations for Nuseed, said, “The Saipol offtake agreement demonstrates how the Nuseed value chain connects growers to new global end-use markets and adds value at each step and for every participant. This agreement enables Nuseed to manage annual contract production with growers for the specific volume, quality and sustainable production needs of Saipol. Nuseed Carinata provides excellent opportunity for farmers and processors to participate in the global climate change effort through reduced GHG emissions in agriculture and transportation. We are building a production system that creates ‘Value Beyond Yield’ through a differentiated market with very high growth potential for our contract growers and our end-use customers.”
Given the rapidly growing needs of the European renewable fuels industry, Nuseed plans to significantly scale-up production of carinata grain in Argentina over coming seasons, with longer-term plans to develop the crop in additional South American markets and other parts of the world.
Related Stories
Keolis Commuter Services, the Massachusetts Bay Transportation Authority’s operations and maintenance partner for the Commuter Rail, has launched an alternative fuel pilot utilizing renewable diesel for some locomotives.
Virgin Australia and Boeing on May 22 released a report by Pollination on the challenges and opportunities of an International Book and Claim system for sustainable aviation fuel (SAF) accounting.
Chevron U.S.A. Inc. on May 15 filed a notice with the Iowa Workforce Development announcing plans to layoff 70 employees at its Ames, Iowa, location by June 18. The company’s Chevron REG subsidiary is headquartered in Ames.
Luxury North Dakota FBO, Overland Aviation—together with leading independent fuel supplier, Avfuel Corp.— on May 19 announced it accepted a 8,000-gallon delivery of sustainable aviation fuel (SAF) on May 12.
May 21 marks the official launch of the American Alliance for Biomanufacturing (AAB), a new coalition of industry leaders committed to advancing U.S. leadership in biomanufacturing innovation, competitiveness, and resilience.
Upcoming Events
