Evofuel and Insolo Collaborate to Study Castor Bean Varieties

Evogene Ltd. announced the signing of its collaboration with Insolo Agroindustrial S.A. for the selection and optimization of Evofuel's castor bean varieties in Insolo farms located in Piaui state in Brazil.

The two-year collaboration will examine the suitability of Evofuel's castor varieties as a second crop solution for Insolo farms located in the Cerrado, a fast developing agricultural region in Brazil. The two companies will evaluate the benefits of growing Evofuel's castor bean varieties in the area and develop how to integrate castor bean into Insolo's production system.

"We are very excited to add Insolo as a partner in Brazil," said Assaf Oron, general manager of Evofuel.

Evofuel develops castor bean varieties suitable for industrial use and production of oil feedstock for the biofuel market. Evofuel is focused on growing castor as a second crop solution, particularly in semi-arid regions such as northeast Brazil.