{"id":27110,"date":"2015-07-20T02:41:00","date_gmt":"2015-07-20T00:41:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=27110"},"modified":"2015-07-17T11:17:45","modified_gmt":"2015-07-17T09:17:45","slug":"go-resources-signs-deal-with-csiro-in-a-bioeconomy-world-first","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/go-resources-signs-deal-with-csiro-in-a-bioeconomy-world-first\/","title":{"rendered":"GO Resources signs deal with CSIRO in a Bioeconomy World First"},"content":{"rendered":"<p><strong>Key points:<\/strong><\/p>\n<ul>\n<li><strong>GO Resources signs exclusive worldwide licence to commercialise the production of super high oleic safflower oil (SHOSO).<\/strong><\/li>\n<li><strong>Highest purity of oleic acid in any commercial crop.<\/strong><\/li>\n<li><strong>SHOSO is a renewable alternative to petroleum\u2010based raw materials.<\/strong><\/li>\n<li><strong>SHOSO has multiple applications in the biolubricants, biochemical and bioplastics industries.<\/strong><\/li>\n<li><strong>Opportunities for Australian farmers to grow high\u2010value safflower in their crop rotations.<\/strong><\/li>\n<li><strong>New industry for bio\u2010economy feedstocks.<\/strong><\/li>\n<\/ul>\n<p><strong>GO Resources Pty Ltd (GO) \u2013 a new Australian clean technology company \u2013 has entered into an exclusive worldwide licence with Australia\u2019s national science agency, CSIRO, to commercialise its technology to produce super high oleic safflower oil (SHOSO) for the high\u2010value industrial oil market. The technology was developed at CSIRO through the Crop Biofactories Initiative, a joint activity of CSIRO and the Grains Research and Development Corporation (GRDC).<\/strong><br \/>\nSuper high oleic oil represents another exciting step in the development of plant\u2010sourced alternatives to petroleum\u2010based raw materials and traditional sources of oleic oils.<br \/>\nGO Resources\u2019 super high oleic safflower oil will have direct applications as a raw material for bio\u2010based feedstock, with industrial applications including lubricants, solvents, cosmetics, plastic additives, resins and polymers, biofuels, coatings, paints and inks.<br \/>\nThe estimated value of the worldwide industrial oils and oleochemical market is in excess of $30 billion per annum.<br \/>\nGO Resources will give Australian farmers access to safflower that produce very high levels of oleic acid (&gt;92%) in the oil extracted from the seed. At the same time there is a reduction in the levels of less\u2010 desirable saturated and polyunsaturated fats. This level of oleic acid is currently the highest of any commercially available plant derived oil worldwide. Oleic acid is a naturally occurring and industrially significant fatty acid, traditionally sourced at much lower levels from palm, tallow and oilseeds.<br \/>\nMr Michael Kleinig, a director of GO Resources, said, \u201cDemand for alternate feedstocks such as super high oleic safflower oil is being driven by an increasing push from consumers, producers and governments toward sustainable, renewable and biodegradable products. The oil combines purity with stability and biodegradability. Safflower is a hardy and adaptable crop; works well in rotational cropping and produces good yields under dry conditions.\u201d<br \/>\nDr Allan Green, Research Director of CSIRO\u2019s Bioproducts Program, said: \u201cWe have proven that we can tailor safflower to produce extremely high levels of oleic acid in the seeds. This technology is a great example of how plant oils are uniquely suited for expanded use as industrial raw materials and substitutes for current petrochemicals.\u201d<br \/>\nMr Trevor Gawne, a director of GO Resources said, \u201cThis is a real breakthrough for the Australian oilseed industry. The SHOSO technology is another key step in developing new feedstocks for sustainable industries of the future. We are delighted to have been entrusted by CSIRO to commercialise its technology and look forward to taking the next steps in applying the technology to a new generation of crop\u2010based products.\u201d<br \/>\nGO Resources expects Australian commercial production to begin in 2018 and seek to expand Australian and international opportunities overtime.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key points: GO Resources signs exclusive worldwide licence to commercialise the production of super high oleic safflower oil (SHOSO). Highest purity of oleic acid in any commercial crop. SHOSO is a renewable alternative to petroleum\u2010based raw materials. SHOSO has multiple applications in the biolubricants, biochemical and bioplastics industries. Opportunities for Australian farmers to grow high\u2010value [&#8230;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572],"tags":[],"supplier":[2634,10301,10302],"class_list":["post-27110","post","type-post","status-publish","format-standard","hentry","category-bio-based","supplier-csiro","supplier-go-resources-pty-ltd","supplier-grains-research-and-development-corporation"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/27110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=27110"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/27110\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=27110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=27110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=27110"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=27110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}