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Corteva Announces Intent to Partner with bp to Develop Low Carbon Intensity Bio-Feedstock for Aviation Fuel Production
CTVACorteva(CTVA) Prnewswire·2024-11-18 13:15

INDIANAPOLIS, Nov. 18, 2024 /PRNewswire/ -- Corteva Inc. (NYSE: CTVA) announced today a collaboration with bp (NYSE: BP, LSE: BP.L) on the companies' shared intent to form a crop-based biofuel feedstock joint venture (JV).The JV envisaged by Corteva and bp would produce and deliver crop-based biofuel feedstocks to help meet the anticipated growth in demand for 'sustainable aviation fuel' (SAF).A number of countries around the world have, or are in the process of implementing, mandates or tax incentives to p ...