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ConsumerGeniuses

ConsumerGeniuses

Calyxt, a plant-based biotechnology company, has joined hands with an unnamed Asian Manufacturer to introduce a soya bean-based commercial alternative to palm oil. This partnership would help Calyxt generate approximately $35 million for the company. Palm oil has been questioned for sustainability reasons as its extraction results in deforestation, climate change, habitat degradation, and animal cruelty. Although big names like Nestle, General Mills, and Unilever are committed to bringing sustainable changes in the food industry, the issues surrounding palm oil remained unaddressed.

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