AFYREN diversifies sales with two strategic contracts to supply players in the cosmetics and nutraceuticals markets

At the end of a summer during which climate change was top-of-mind worldwide, major economic players are stepping up efforts to reduce their impact on the environment.

AFYREN’s latest contracts underscore the fact that its low-carbon business model is attracting increasing interest from a variety of companies that are looking for more sustainable ingredients.

With these deals, AFYREN has secured sales of 70% of the projected output of organic acids from the AFYREN NEOXY plant to a variety of customers in diverse markets.

Clermont-Ferrand/Lyon, 30th of August 2022, 8:00 am CEST – AFYREN, a greentech company that offers manufacturers bio-based, low-carbon products made using technology based on natural micro-organisms, today announced the signing of two new commercial contracts for organic acids produced at its AFYREN NEOXY factory. The deals, involving a European and an American player, are for applications in the field of cosmetics and nutraceuticals.

Climate change has been top-of-mind worldwide this summer, and major economic players are stepping up efforts to reduce their impact on the environment.

Like all AFYREN customers, the two new purchasers will be able to use fully circular ingredients in their products and develop low carbon solutions. They will benefit from Afyren’s approach, a reliable supply chain based on sustainable, renewable resources that do not compete with the human food chain.

AFYREN’s biobased organic acids help customers address increasing consumer demand for more natural goods. In the cosmetics and nutraceuticals subsegments, this demand is particularly acute. AFYREN’s unique value proposition allows its clients to position themselves as sustainable players in their sectors, no longer dependent on fossil-based ingredients — a status that can bring with it economic advantages.

With these new deals, AFYREN now has contracts signed for its products in all six of its priority markets: food, feed, flavors & fragrances, lubricants, life sciences and material sciences. AFYREN is proud to contribute to the transition toward sustainable ingredients in all of these industries.

AFYREN has now pre-sold more than 70% of AFYREN NEOXY’s targeted production volume of organic acids, underscoring the interest and confidence manufacturers of all kinds have in AFYREN’s industrial development, and opening up prospects for future plants outside of France.