ADM and Syngenta Group have signed a memorandum of understanding (MoU) to collaborate on the development of low carbon, next-generation oilseeds and improved varieties to help meet growing demand for biofuels fueled by sustainable aviation fuel.

ADM and Syngenta hope to leverage their existing capabilities to accelerate the research, processing, and commercialization of oilseeds such as Camelina that are typically grown in the fallow period of a crop rotation. Such feedstocks could help meet global demand for biofuels which is expected to grow by 35 billion liters per year, or 22%, over the 2022-2027 period, according to the International Energy Association.

The companies expect to sign definitive agreements by the end of the year and are already advancing important work together around growing and processing next-generation varieties.