Unilever Invests in Biotech Alternatives to Palm Oil for Greener Cleaning

refill bright colors laundry detergent laundry room detergent bottles t20 EO1pjV Unilever Invests in Biotech Alternatives to Palm Oil for Greener Cleaning

Takeaways:

  • Unilever is investing in a plan to use plant-based ingredients in their extensive household product range.
  • The company has partnered with a U.S. biotech firm, Genomatica, on a $120 million venture to commercialize and scale alternatives to environmentally damaging feedstock.
  • The company announced an opportunity to invest $625 billion into a home and person care market to cut its environmental footprint and move away from palm and fossil fuel feedstocks.

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