Unilever and Genomatica have launched a $120 million venture to scale up and commercialise plant-based alternatives to palm oil and fossil fuel-derived cleansing ingredients, particularly for use in personal care products. This will use Genomatica’s established biotechnology platform that makes materials from plant- or waste-based product.

Agribusiness giant Cargill and German chemical marketing and distribution firm Helm have formed a joint venture called Qore and will invest $300 million to build the first commercial-scale, renewable 1,4-butanediol (BDO) facility in the US. This will be located at Cargill’s biotechnology campus and corn refining operation in Eddyville, Iowa, and should be in operation in 2024.