India, June 2 -- Amyris, a vertically integrated synthetic biology company and a leading innovator in industrial biotechnology, and Ingredion Incorporated, a global provider of ingredient solutions to the food manufacturing industry, announced a mutual agreement to wind down their RealSweet joint venture.
As part of the agreement, Amyris will assume full ownership of the Precision Fermentation Plant located in Barra Bonita, Brazil. Additionally, Ingredion will obtain exclusive rights to utilize Amyris' advanced fermentation technology to manufacture and commercialize fermented Rebaudioside M (Reb M), a next-generation, zero-calorie sweetener. This strategic realignment positions both companies to drive greater commercial success while laying the groundwork for continued collaboration in the future.
Amyris is a vertically integrated synthetic biology company that creates sustainable ingredients utilizing proprietary advanced precision fermentation technology and world-class platforms. Leveraging two decades of experience, Amyris collaborates with companies to co-create innovative ingredients at unprecedented speed and scale. This enables partners to deliver products with differentiated performance that meet sustainability and economic objectives. Its renewable and traceable ingredients are included in thousands of products from the world's top brands, reaching millions of consumers.
Published by HT Digital Content Services with permission from FoodTechBiz.