Next Gen Palm Oil

This summer Unilever announced the launch of a $120 million venture to scale and commercialize plant-based alternatives to palm oil and fossil-derived cleansing ingredients. Partner in this venture is US-based biotech company Genomatica. “While palm oil will remain an important feedstock to Unilever, these alternative ingredients can play a growing role in diversifying supply chains to drive optionality, sustainability, cost efficiencies and transparency”…