Cargill acquires Floratech to deploy sustainable beauty ingredients

Recently, Cargill acquired Floratech, an American beauty and personal care plant raw material company, to further expand Cargill's beauty platform.

Floratech has 45 years of rich experience in the production of natural emollients and jojoba derivatives. Its development experience in the field of specialty cosmetic ingredients is closely related to Cargill's growth strategy for the beauty business.

Cargill is a well-known supplier of agricultural products with a history of 155 years, but the company has been producing raw materials for the beauty industry for more than 40 years.

Colleen May, President of Cargill Beauty and Beauty, a subsidiary of Cargill Bio-Industry, said: "This acquisition is an important milestone for Cargill to expand its beauty business and will consolidate the shared vision of the two companies to produce beauty in a sustainable manner. raw material."

"This partnership will accelerate our overall growth, create greater value for customers by cultivating industry-leading capabilities focused on natural solutions, and help these customers transform their product portfolio from synthetic chemicals to more sustainable Ingredients."