Joint venture to bring EverSweet(TM) sweeteners to market faster is finalized
Evolva (SIX: EVE), the company pioneering the rapid development, scale-up, and commercialization of sustainably sourced, next-generation ingredients, congratulates Cargill and DSM on finalizing their new joint venture, Avansya(TM). Avansya(TM) will produce fermentation-based sweeteners and market them under one brand name, EverSweet(TM).
Evolva's existing royalty contract with Cargill is unchanged and remains in force on all EverSweet(TM) products sold.
"This joint venture is positi...