In Colorado, S&W Seed Company said it has executed an agreement with Equilon Enterprises LLC (Shell) to establish a joint venture with the aim of developing novel plant genetics for oil seed cover crops as feedstocks for biofuel production. The JV company, named Vision Bioenergy Oilseeds LLC, will be jointly owned by Shell and S&W. The JV intends to develop Camelina and other oilseed species from which oil and meal can be extracted for future processing into animal feed, biofuels, and other bioproducts. S&W will contribute its expertise in seed research, technology, production, and processing to the JV, including its seed processing and research facilities in Nampa, Idaho. The JV expects to carry out initial grain production in late 2023. “We are pleased to be entering this JV with Shell, which leverages our seed and technology capabilities with Camelina and demonstrates how agriculture and energy can work together to lower carbon emissions by producing domestically sourced sustainable biofuel feedstocks,” said Mark Wong, CEO of S&W Seed Company.
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