UMeWorld takes 30% stake in China single-cell oil venture
UMEW•Pilot facility and production plans
The platform will operate from a 10,000-square-meter pilot facility in Foshan, Guangdong, with prior 3,000-liter fermentation pilot runs completed.
The strategy centers on scaling production through partners, project development and licensing to independent producers to expand feedstock supply without owning every plant.
Agreement to form China-based single-cell oil company
UMeWorld signed an agreement to form a China-based single-cell oil company, taking a 30% minority equity stake via a wholly owned subsidiary.
The vehicle targets commercialization of microbial oil feedstock intended to support Project Verdant, its planned sustainable aviation fuel hub in Malaysia.
