Saskatoon’s Agrisoma Biosciences Inc. has signed an agreement with biorefinery giant UPM of Helsinski that will see the two companies working together in producing renewable fuels in South America.
Under the deal, the Agrisoma and UPM will grow carinata oilseed crops with third-party farmers in Uruguay and Brazil.
Carinata is the oilseed variety which the Saskatchewan company created precisely for two roles; sustainable biofuel production in the aviation industry, and to produce non-edible oil, suitable for making low carbon biofuels’ and nutritious protein for animal feed.
“Agrisoma is proud that UPM sees the value in our agricultural technology efforts and crop science that will benefit the green farming economy,” says Steve Fabijanski, Ph.D., CEO, Agrisoma.
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The Agrisoma-UPM agreement is a global first, where a non-food sustainable oilseed can develop into a second, low indirect land use change (ILUC) crop, thereby producing few greenhouse gas (GHG) feedstocks to produce advanced biofuels, according to a press release from the two companies.
Commercial production of carinata, tested in South America in 2016, has been seeded as a second crop during the winter growing season, a time when major commodity crops do not grow.
Carinata produced under these second cropping procedures provides finished fuels with a greenhouse gas (GHG) reduction of more than 75 per cent of fossil fuels.
Agrisoma believes that as these strategies expand on a broader scale, GHG reductions of more than 100 per cent are possible, providing for “carbon negative” fuels that are price competitive with fossil fuels.
Agrisoma has plans to expand production of Carinata in additional regions.
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