Corbion is the global market leader in lactic acid, lactic acid derivatives, and a leading company in emulsifiers, functional enzyme blends, minerals, vitamins and algae ingredients.
They develop sustainable ingredient solutions to improve the quality of life for people today and for future generations. For over 100 years, they have been uncompromising in their commitment to safety, quality and performance. Drawing on their deep application and product knowledge, they work side-by-side with customers to make their cutting edge technologies work for them.
At Corbion, they live their brand promise "Keep creating", through their science, clear understanding of the markets they serve, and of course through their creative people.
Corbion’s strategy and every aspect of their operations are built around advancing sustainability and applying high ethical standards, whether this relates to the management of their global supply chain, responsible procurement of their raw materials, or the safety and wellbeing of their people.
In 2016, Corbion generated annual sales of € 911.3 million and had a workforce of 1,684 FTE. Corbion is listed on Euronext Amsterdam.
Two lines of business
At Corbion they distinguish between two lines of business, each with a different set of characteristics: Ingredient Solutions and Innovation Platforms. These business units are supported companywide by globally managed R&D, operations, and business support functions.
The Ingredient Solutions business unit focuses on their core business: ingredients for Food and Biochemicals.
They are a global food ingredient supplier for leading food manufacturers. They strive to be the leader in keeping food tasty, consistent and fully safe from date of production to day of consumption. With their proven food solutions based on conscious choices, they work side by side and empower their customers to grow and to create affordable food, in the markets of meat, beverage, bakery, confectionery, and dairy, that people love and can safely enjoy with their friends and family, just as they enjoy with ours.
Their biobased chemicals offer improved functional performance, production efficiency, and safety for their customers. Manufactured from renewable resources, and using the most advanced and resource-efficient fermentation processes, their products provide a sustainable alternative to fossil-based chemicals for customers operating across a wide spectrum of industries, including medical biomaterials, plastics, pharma, electronics, home and personal care, agriculture, coatings, adhesives, solvents, and animal health & nutrition. They are constantly exploring opportunities to bring the benefits of their products and solutions to their customer’s applications.
Their Innovation Platforms business unit creates new biotechnology business platforms. By using their own core technologies, stand-alone or combined with their partners' technologies, they drive growth via a disciplined stage-gate investment approach.
Their 50/50 joint venture with Total for the production and marketing of poly lactic acid bioplastic (Total Corbion PLA) is part of this business unit. Their high- performance PLA resin can be used to make a bioplastic for a wide range of applications, ranging from (degradable) food packaging to touchscreen computers and durable automotive components.
Innovation Platforms also comprises the succinic acid joint venture with BASF (Succinity) and their algae ingredients business, as well as their longer-term development projects such as FDCA, a potential replacement for purified terephthalic acid (PTA), their gypsum-free lactic acid process and the developments regarding the use of alternative feedstocks (lignocellulosic biomass, agricultural residues, or waste).
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