Corbion is the global market leader in lactic acid and lactic acid derivatives, and a leading company in functional blends containing enzymes, emulsifiers, minerals, and vitamins.
Corbion has an established biobased technology platform based on over 80 years of fermentation experience. We lead the way in lactic acid as well as in cutting-edge emulsification technology and functional blending capability. At Corbion, we live our brand promise "Keep creating", through our science, through clear understanding of the markets we serve, and of course through our creative people. Drawing on the deep-rooted application and market knowledge that has been built up over decades, we work hand in hand with our customers to make our technology work for them.
Corbion’s strategy and every aspect of our operations are built around advancing sustainability underpinned by high ethical standards, whether this relates to the management of our global supply chain, responsible procurement of our raw materials, or the safety and wellbeing of our people.
In 2016, Corbion generated annual sales of € 911.3 million and had a workforce of 1684. Corbion is listed on Euronext Amsterdam.
Two lines of business
At Corbion we distinguish between two lines of business, each with a different set of characteristics: Biobased Ingredients and Biobased Innovations. These business units are supported companywide by globally managed R&D, operations, and business support functions.
The Biobased Ingredients business unit focuses on our core business: ingredients for Food and Biochemicals.
We are a global food ingredient supplier for leading food manufacturers. We strive to be the leader in keeping food tasty, consistent, and fully safe from date of production to day of consumption. With our proven food solutions based on conscious choices, we work side by side to empower our 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 we enjoy with ours.
Our biobased chemicals offer improved functional performance, production efficiency, and safety for our customers. Manufactured from renewable resources, and using the most advanced and resource-efficient fermentation processes, our 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. We are constantly exploring opportunities to bring the benefits of our products and solutions to our customer’s applications.
Our Biobased Innovations business unit creates new biotechnology business platforms. By using our own core technologies, stand-alone or combined with our partners' technologies, we drive growth via a disciplined stage-gate investment approach.
Our 50/50 joint venture with Total for the production and marketing of polylactic acid bioplastic (PLA) is part of this business unit. Our 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.
Biobased Innovations also comprises the succinic acid joint venture with BASF (Succinity), as well as our longer-term development projects such as FDCA, a potential replacement for purified terephthalic acid (PTA), our gypsum-free lactic acid process and use of alternative feedstocks (lignocellulosic biomass, agricultural residues, or waste) to make lactic acid.
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