Shara Ticku, co-founder and CEO of C16 Biosciences, discusses the commercialization roadmap for their yeast-derived palm oil alternative, Palmless.
0:00 / 0:18exact quote · 18.5s
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“By the end of this year, we'll be in a handful of other personal care products, so think skin care and body care products, and other brands featuring Palmless as the sort of innovator, and within two years or so, we will be able to be in food products.”
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More from Shara Ticku
AssertionNot checkable as stated
Major Consumer Brands Are Failing Their Sustainable Palm Oil Pledges
“The, some of the largest consumer products companies in the world had made these commitments, but every one of them was failing because there was no viable alternative.”
Shara TickuJun 15, 2023▶ 13:20Saving the f#$%ing rainforests with Shara Ticku of C16 Biosciences
AssertionNot checkable as stated
Palmless Launch Brought 100 Brands and Major CPG Companies Into C16's Pipeline
“We have, and one of the things that happened with this launch was we had about a hundred brands fill up our pipeline. So we currently have basically every major consumer packaged good company.”
Shara TickuJun 15, 2023▶ 33:18Saving the f#$%ing rainforests with Shara Ticku of C16 Biosciences
AssertionNot checkable as stated
C16 Biosciences Is Already Gross-Margin Positive in the Beauty Market
“In our first market, we're already gross margin positive, so in the beauty industry, we've got people willing to pay high prices for this, because they love the story, they love the innovation, and they love the product, and they'll pay high prices, and we hav…”
Shara TickuJun 15, 2023▶ 36:39Saving the f#$%ing rainforests with Shara Ticku of C16 Biosciences
AssertionSupported
Indonesia and Malaysia Burn Rainforests for Palm Oil Plantations
“Our neighbors in Indonesia and Malaysia, essentially they're burning forest, they're clearing tropical rainforest to convert that land into oil palm plantations to make this vegetable oil called palm oil.”
Shara TickuJun 15, 2023▶ 3:03Saving the f#$%ing rainforests with Shara Ticku of C16 Biosciences
PredictionOpen · timeframe Jun 2053
The Palm Oil Market Will Continue to Grow Over the Next 30 Years
“It's efficient, it's productive, so we can make a lot of it, but the reason that it has grown so explosively and will continue to grow over the next 30 years really comes down to the performance of palm oil as compared to other vegetable oils.”
Shara TickuJun 15, 2023▶ 9:13Saving the f#$%ing rainforests with Shara Ticku of C16 Biosciences
AssertionSupported
Palm Oil's Unique Fatty Acid Profile Cannot Be Replicated by Other Oils
“The fatty acid profile of palm oil is broader than any other vegetable oil, and it's unique because it's sort of half saturated and half unsaturated fats, and you just can't replicate that with any other fat and oil”
Shara TickuJun 15, 2023▶ 9:42Saving the f#$%ing rainforests with Shara Ticku of C16 Biosciences
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