• Unilever and Geno invest 120 million dollars in commercialising plant-based ingredients

    15 days ago - By Fashion United

    Image: Unilever
    Unilever has announced it will be making a joint investment together with biotech firm Geno that aims to commercialise and scale plant-based alternatives to products like palm oils and fossil fuels for cleaning and personal care products.
    The 120 million dollar investment, which the duo is expecting other strategic investors to add to at a late date, will go towards the development and support of plant-based ingredients utilising biotechnology.
    In a release, Unilever said it would still be placing an importance on palm oil in its product production, however the alternative...
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