Nufarm Limited (AU:NUF) has released an update.
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Nufarm Limited has secured a licensing agreement for omega-3 producing technologies in camelina from Yield10, with plans to negotiate the acquisition of Yield10’s assets to bolster their plant-based omega-3 portfolio. This strategic move aims to offer sustainable alternatives to ocean-caught fish for omega-3 sources and could lead to new income streams for farmers through the development of cover crops for both nutritional and bioenergy uses. Nufarm anticipates further development and commercialization of these assets to meet growing global demand for omega-3 and support sustainability objectives.
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