Bayer and Neste to collaborate on developing feedstocks for renewable fuels

In Germany, Bayer and Neste announced that they have signed a memorandum of understanding to jointly scale winter canola as a biomass-based feedstock for renewable products like biofuels. 

Within the collaboration, the companies are going to develop a winter canola ecosystem in the Southern Great Plains of the US, including product development and additional collaborations to enable Bayer to enter this market. Bayer aims to launch hybrid TruFlex winter canola in 2027.