Bayer acquires camelina assets to boost biofuels

Bayer has announced the acquisition of germplasm and intellectual property related to camelina (camelina spp.) of the Canadian company Smart Earth Camelina Corp. The operation is part of the German company's strategy to meet the growing demand for renewable fuels. The values ​​of the deal were not disclosed.

Camelina is an intermediate oilseed with a low carbon index.

The crop can be grown in spring and winter seasons and has characteristics such as drought tolerance and a short cycle, allowing it to be planted on marginal lands or between harvests.

By 2025, Bayer plans to introduce camelina as a viable alternative for farmers, complementing its biofuels strategy, which already includes work with other oilseeds such as CoverCress and winter canola.

A few days ago, Bayer announced another deal in the area. Read in "Bayer and Neste sign partnership for biofuels".