Strengthening our core while building new business platforms
In its core, Corbion is a strong biobased ingredients company in food and biochemicals. Our food ingredients provide safe and healthy food for a growing population, while reducing food waste. Our biochemical ingredients provide solutions based on renewable materials and resource efficient processes. At the same time, we build new business platforms in biotechnology based on our lactic acid expertise.
Our strategy addresses the global megatrends of resource depletion, population growth and food security. With our 80 years of experience and knowledge in lactic acid fermentation, protected by IP and proprietary knowledge, we are well positioned to alleviate the impact of these trends with our biobased solutions.
Our Biobased Ingredients business unit comprises our food- and biochemical businesses.
Food ingredients are an important part of our company’s portfolio. We are striving to extend our leadership position by providing biobased food ingredients that help manufacturers keeping food fresh and safe while reducing waste and bringing flexibility to the value chain.
In biochemicals, we will continue to grow based on our outstanding innovation in replacing fossil-based chemicals. We are involved in an extensive value chain and increasingly work with carefully selected partners with complementary technologies or competencies.
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.
How are we addressing megatrends?
Increasingly we are using renewable resources like sugar, starch, or other, second generation, carbohydrates to produce biobased products that offer a more sustainable alternative to fossil and oil-based alternatives.
Avoiding the use of food crops
Our goal is to avoid competing with the food chain for the production of biobased chemicals – which is why we are running R&D programs to replace current agricultural raw materials like sugar cane and starch with second generation feedstocks that include agricultural byproducts like corn stover, sugar cane bagasse, and woody biomass.
Reducing food waste
Today around one third of food* is discarded around the world. Our products for food preservation are tackling food waste by extending freshness – and shelf life. In fact our preservation solutions help reduce losses across the value chain, from processing, to distribution, and consumption, preserving an estimated six million tons of food annually (almost 50 million tons of avoided CO2 equivalents).
With global concerns around food safety on the rise, we are in a unique position to deliver food products with health and safety benefits for people by beating bacteria like listeria and E-coli.
* Source: Global food losses and food waste, FAO, 2011
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