An Israeli company that engineers castor beans to produce high yields for biofuel has signed strategic agreements with existing and new seed producers in South America and Africa, in order to increase production capabilities.
Casterra engineers special varieties of castor beans that consistently produce higher yields and grow more densely, “meaning that from any hectare that you grow, you can squeeze in more yields, and generate more income,” then-CEO Eyal Ronen told NoCamels last year.
The modified seeds can produce castor beans within four months, compared with the unaltered version grown on farms, which takes six to eight months. This means that farms growing Casterra’s engineered seeds can produce yields three times a year.
The company aims to produce an extra 400 tons of seeds in 2024, as well as increase its production infrastructure. Adding to its roster of seed producers in several locations will allow the company to become more stable and reduce risks, it said.
“These agreements strengthen our supply chain and mark a strategic change towards diversifying our production sources,” said new CEO Yoash Zohar.
“Ensuring a reliable and sustainable supply of castor seeds is crucial in meeting the evolving demands of our customers while contributing positively to local economies. Casterra intends to continue to seek additional seed producers to engage with in 2024, to support ongoing seed production.”
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