- In August 2023, Divi's and Algalif collaborated to develop concentrated beadlets of sustainable natural astaxanthin, sourced from microalgae. This initiative aims to harness astaxanthin oleoresin through a naturally derived process, catering primarily to renewable energy sources. The collaboration underscores a commitment to sustainability in nutraceutical and pharmaceutical applications, leveraging natural ingredients for enhanced product offerings
- In July 2023, KLK OLEO launched Shade Vivid Orange-OS, a novel 100% oil-soluble, plant-based color derived from non-GMO paprika. This addition to their Exberry portfolio addresses the growing demand for clean-label ingredients, providing an alternative to artificial colors and paprika oleoresin across various applications. The innovation highlights KLK OLEO's commitment to meeting consumer preferences for natural and sustainable food color solutions
- In January 2022, Givaudan acquired a 48% stake in Nanovetores Group from The Criatec Fund, signaling a strategic move to strengthen its foothold in the beauty products market. This acquisition enhances Givaudan's capabilities in delivering innovative solutions for the cosmetics industry, leveraging Nanovetores' expertise in nanotechnology for active ingredients. The investment underscores Givaudan's strategy to expand its portfolio and technological capabilities in the rapidly evolving beauty and personal care sector
