Checkerspot and AAK partner on plant-based oils and fats

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In California, Checkerspot, a biotechnology company developing renewable oils through fermentation of microalgae, has signed a joint development agreement with AAK aimed at structuring fats and oils.

AAK is a leader in plant-based oils and fats and its products are used in a wide variety of applications in the food, confectionery, pharmaceutical, cosmetic, chemical and animal feed industries. The partnership will focus on fats and oils that can be produced at scale, provide unique consumer experience, and are less vulnerable to climate change than conventional sources.

“With forward-thinking partners like AAK, we can bring new solutions to the table. Our team at Checkerspot is able to identify and bring a strain of microalgae all the way through product development and scale up, for a cost-effective, market-ready solution that meets demanding consumer expectations,” Scott Franklin, Co-founder and CSO of Checkerspot, said in a press statement.