Bayer and bp form strategic alliance to jointly scale camelina as intermediate crop for biofuels
In Missouri, Bayer and bp announced that they have entered a long-term strategic alliance to jointly scale the crop camelina, under the brand name newgold. The alliance will commercialize camelina starting in North America.
The alliance aims to further develop a reliable intermediate oilseeds market to help meet the growing demand for biodiesel, renewable diesel and sustainable aviation fuel markets.
“This alliance will help us to connect the value chain necessary to bring camelina to market and provides our farmer customers greater market certainty as they consider camelina on their farm,” said Frank Terhorst, head of strategy and sustainability for Bayer’s Crop Science division. “We are utilizing our industry leading breeding program to enhance the crop, and its untapped potential globally to help meet the needs of this growing market. We see this as a win for our customers and their farms, as it creates potential new revenue streams, but also a win for the renewable fuels market.”
This announcement follows Bayer’s acquisition of camelina assets which was announced in January 2025.
Category: Fuels
