Solugen And ADM Announce Strategic Partnership To Meet Increasing Demand For Sustainable Products With New Biomanufacturing Facility In The U.S. Midwest
Portfolio Pulse from Benzinga Newsdesk
Solugen and ADM have announced a strategic partnership to meet the increasing demand for sustainable products. Solugen will build a production facility adjacent to ADM's Marshall, Minnesota, corn complex. ADM will provide dextrose as feedstock for the production of plant-based organic acids. The partnership also opens up potential for broader commercialization opportunities in fast-growing sectors.
October 30, 2023 | 1:03 pm
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ADM's partnership with Solugen to provide dextrose for the production of plant-based organic acids could potentially open up new commercialization opportunities in fast-growing sectors.
The partnership with Solugen allows ADM to tap into the growing demand for sustainable products. By providing dextrose as feedstock, ADM is directly involved in the production process, which could lead to increased revenues and potential growth in new sectors.
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