BASF and INOCAS sign offtake agreement for Macaúba kernel oil (MKO) and Macaúba pulp oil (MPO) to further expand BASF’s renewable-based portfolio
Collaboration project supports scale-up of INOCAS’ Macaúba cultivation program which has a positive social and environmental impact
BASF reserves right to acquire a stake in INOCAS
BASF and INOCAS S.A. (Innovative Oil and Carbon Solutions) signed a long-term Supplier Finance Agreement, including offtake of Macaúba Kernel Oil and Macaúba Pulp Oil, an R&D project and options to acquire equity shares in INOCAS in future. The partnership includes financing of INOCAS’ plans to significantly expand the Macaúba oil production in Brazil
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