Global Clean Energy Holdings Acquires Camelina Company EspaA[+ or -]a.
MANews-(C)2009-2022
US-based renewable fuels company Global Clean Energy Holdings, Inc., (OTCQX: GCEH), a vertically integrated renewable fuels company, TODAY announced that it has acquired camelina crop specialist and seed producer Camelina Company España S.L., the company said.
Headquartered in Madrid, Spain, CCE has developed intellectual property in camelina to support a sustainable biofuels value chain.
CCE's IP includes superior genetics, breeding capabilities, high quality planting seed, advanced agronomic research, and knowledge to support the cultivation of camelina by contract farmers.
CCE, together with Sustainable Oils, Inc. (SusOils), also a wholly owned subsidiary of GCE, will further enhance the company's portfolio of patented camelina genetics. CCE and SusOils have been collaborating for some time to expand and harmonize their collective research and development activities.
The combined capabilities will accelerate the development of proprietary germplasm and varieties of camelina that will provide third-party contract camelina growers in North America, Western Europe and South America with additional revenue opportunities by sustainably increasing their fallow crop rotation options.
Established in 2010, CCE is Europe's largest camelina crop innovator and seed producer.
In 2013, it was the first global company to receive a sustainability certification from the Roundtable on Sustainable Biomaterials, a...
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