Evogene Subsidiary and SLC Agricola Sign Collaboration Agreement for Commercial Production of Castor Bean in Brazil - Sales of castor bean grain under the collaboration are expected in 2016 -Collaboration Agreement • March 25th, 2014 • Evogene Ltd. • Agricultural chemicals
Contract Type FiledMarch 25th, 2014 Company IndustryRehovot, Israel and Porto Alegre, Brazil - March 25, 2014 - Evogene Ltd. (NYSE, TASE: EVGN), a leading plant genomics company specializing in enhancing crop productivity for the food, feed and biofuel industries, and SLC Agricola S.A. (Bovespa: SLCE3; ADR’s: SLCJY; Bloomberg: SLCE3:BZ; Reuters: SLCE3.SA), one of Brazil’s largest landowners and agriculture businesses, announced today the signing of a collaboration agreement between SLC and Evofuel Ltd., Evogene’s wholly-owned subsidiary, for the commercial production of Evofuel developed castor bean varieties in Brazil, expected to take place during 2016. Evofuel focuses on the development of high yielding castor bean seeds as a second-generation feedstock for the growing biofuel and other industrial markets.