Shell and S&W Seed Company are working together to create a greener future by establishing a joint venture named Vision Bioenergy Oilseeds LLC. This partnership aims to develop novel plant genetics for oilseed cover crops as biofuel feedstocks, focusing on Camelina and other oilseed species.
S&W Seed Company, a leading seed genetics and production provider, will bring its expertise to the table, including its state-of-the-art facilities in Nampa, Idaho. In addition, the company’s experience in seed research, technology, production, and processing will be vital to the joint venture’s success.
Camelina is a highly regarded oilseed that is considered scalable and commercially viable. It has the potential to provide sustainable feedstocks while creating social and environmental benefits. Biofuels made from Camelina oil have the potential to reduce carbon emissions in hard-to-abate sectors, such as aviation, marine, and heavy-duty road transport.
The joint venture is expected to start producing grain in late 2023. It will contribute to the goal of reducing carbon emissions through the production of domestically sourced sustainable biofuel feedstocks. The CEO of S&W Seed Company commented that the joint venture with Shell is a prime example of the cooperation between agriculture and energy to create a greener future.
“We are pleased to be entering this JV with Shell, which leverages our seed and technology capabilities with Camelina and demonstrates how agriculture and energy can work together to lower carbon emissions by producing domestically sourced sustainable biofuel feedstocks,” commented Mark Wong, CEO of S&W Seed Company. “Shell shares our vision on the long-term opportunity Camelina provides, including enhancing farmland food production. Camelina can be a key contributor to maximizing the use of every acre of farmland as arable farming acreage decreases.”