Operating as part of Evonik’s life sciences division, Nutrition & Care, the new Botanicals & Natural Actives segment plays an important role in expanding the company’s portfolio of biosolutions through strategic partnerships and acquisitions.
“By bringing together sustainable sourcing, strong biotech processes and scientific claim substantiation with our… Skin Institute, our customers benefit from high performance, sustainable specialty botanical ingredients that allow them to differentiate in the market,” Yann d’Herve, head of the Care Solutions business line, said in a press release.
Evonik’s acquisition of the Argentinian biotechnology company Novachem in 2023 added natural and sustainable active ingredients for skin and hair care applications to the Evonik portfolio. In 2021, Evonik acquired Swiss sustainable botanicals pioneer Botanica, which has long-term global partnerships with suppliers to provide local, organic and fairtrade plants, as well as raw materials from secondary products.
The Botanicals & Natural Actives segment also includes the portfolios of ALKION Biopharma, which Evonik acquired in 2016 and specializes in biotechnologically developed cosmetic active ingredients, and Wilshire, a supplier of phytochemicals to the cosmetics industry that Evonik acquired in 2021.