Africa: Unilever and GENO Launch Joint Venture for Sustainable Consumption
Known in West Africa for its Omo laundry detergent, Lipton tea and Signal toothpaste brands, Dutch-British multinational Unilever is teaming up with US-based biotechnology company Genomatica (GENO) to create a joint venture. The joint venture will reduce Unilever’s carbon footprint and improve the manufacturing of its food products.
The Dutch-British multinational Unilever relies on the sustainable solutions of the American biotechnology company Genomatica (GENO) to develop ingredients for cleaning and personal care products. The two partners will launch a joint venture at a total cost of $120 million, with the aim of sufficiently reducing the use of raw materials such as palm oil or fossil fuels that dishonour their environmental commitments.
Photo courtesy of hildgrim.
Source: Afrik21 (link opens in a new window)
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