Corbion NV Overview
Company Headquarters: Amsterdam, the Netherlands
Founded: 1919
Workforce: ~2,138
Company Working: Corbion NV is one of the leading players in the market for lactic acid and its derivatives, and a leading supplier of emulsifiers, minerals, vitamins, functional enzyme blends, and algae ingredients. The company’s business operations are majorly classified into two lines of business, namely ingredient solutions and innovation platforms. These business units are supported by globally managed R&D, operations, and business support functions. The ingredient solutions business unit comprises of ingredients and solutions for food and biochemicals. The products serve an array of industries, encompassing animal health & nutrition, (agro) chemicals, resin adhesives, pharmaceuticals, electronic components, bioplastics, and home & personal care products.
Corbion markets its products through a worldwide network of sales offices and distributors, with manufacturing facilities in the US, Brazil, the Netherlands, Spain, and Thailand.
Strategy
Corbion N.V is continuously focused on increasing its clean label ingredient product portfolios for bakery as well as meat & poultry products. The company aims at catering to the rising consumer awareness for the usage of clean label ingredients globally. Additionally, the company is making investments in production plants for ramping up the production capacities of clean label ingredients owing to increasing consumer demand. For the bakery segment, the company is emphasizing on market penetration by focusing on segments that have higher growth rates. For the meat segment, it is planning on expanding its product portfolios of clean label ingredients along with some acquisitions.
