- Yield10 Bioscience ( NASDAQ: YTEN ) has signed a MOU with Mitsubishi ( OTCPK:MSBHF ) to evaluate the establishment of a partnership to supply, offtake and market Camelina as a low-carbon feedstock oil for biofuels.
- Mitsubishi announced its aim to mass produce sustainable aviation fuel to decarbonize commercial aviation.
- The companies plan to jointly undertake a feasibility study for the supply and offtake of Camelina oil from Camelina grain grown under contract using Yield10’s proprietary Camelina seed genetics to supply oil for the sustainable aviation fuel market.
- Yield10 Bioscience jumps 49% post market.
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Yield10 Bioscience jumps 49%, evaluates partnership with Mitsubishi for Camelina as a feedstock oil for biofuel