Naturex is calling on innovative start-ups with fresh ideas on plant-based ingredients, green technologies and novel farming processes to collaborate with it thorugh Ingenium, its open innovation accelerator scheme.
Naturex has seen sales rise 13.2% to €83.2m in Q1 2013, with Nutrition its star core business performer, leaping about 33% from €22m to just over €29m.
Rosemary extracts can now be used as antioxidants in organic food in the EU provided they are from organically-grown rosemary and ethanol is used for the extraction, following an amendment to the annex of the 2008 organic regulation.
Naturex is expecting the natural trend to deliver a slight increase in revenues this year, and a substantial improvement in operating margin, despite a macroeconomic environment that is still sluggish.
Naturex, the French-based botanicals giant that recently acquired the ingredients business of Spanish company, Natraceutical Group, will earn €185m in 2009 – up from its 2008 income of €93.2m, as it announced details of the deal.
Naturex has divided its business into three distinct business units so as to develop products that are targeted to the main markets it serves, and has unveiled a new corporate image.
Naturex talks about the importance of sourcing quality-assured ingredients, and the measures a company should have in place to ensure it meets the highest standards.