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Kao's investment adds to previously announced $120 million venture with Unilever.
September 29, 2022
By: Christine Esposito
Editor-in-Chief
Kao Corporation has joined Genomatica’s venture to scale and commercialize plant-based alternatives to palm kernel oil, joining Unilever as a founding member. With growing global demand for sustainably sourced palm oil, this venture will strengthen supply chain resiliency in the $652 billion home and personal care industries and increase the global supply of responsibly sourced palm oil alternatives to the market, said Genomatica (Geno). Initial research has shown that companies can reduce th...
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