Global Finance News
07 Jan 2026, 23:51
Corteva and bp announced the launch of Etlas, a 50:50 joint venture focused on producing biofuel feedstocks from crops such as canola, mustard, and sunflower to support sustainable aviation fuel and renewable diesel production. The venture targets annual feedstock output of around one million metric tonnes by the mid-2030s, with initial supply expected in 2027, leveraging Corteva’s seed technology expertise and bp’s downstream fuel capabilities to meet rising global biofuel demand.