The cosmetic active ingredient supplier, Clariant, has formed a strategic partnership with Plant Advanced Technologies (PAT).
The deal includes the subscription of approximately 10% in equity shares of PAT by Clariant.
The two companies will develop and distribute new products, leveraging PAT’s expertise in plant-based cosmetics active ingredients and Clariant’s marketing and sales expertise through its own active ingredients business as well as its global network.
Member of the Executive Committee at Clariant, Hans Bohnen said, “We are excited to further improve our offer to the personal care market through this new investment that reflects Clariant’s ongoing commitment to a more sustainable industry. The partnership with PAT drives this commitment further and will provide to our customers with best choices in the field of active ingredients.”
PAT uses two sustainable technologies to harness natural compounds from plants: plant milking and target binding.
Plant milking involves plant cultivation in aeroponic conditions – without the use of soil. Meanwhile target binding identifies the compounds in complex mixtures enabling cosmetics claims.
President of PAT, Jean-Paul Fèvre said, “PAT has always been specialised in sourcing unsourceable rare active plant compounds in a sustainable innovative way and is very enthusiastic to establish such a strong partnership based on these common values.”
Clariant is a continuously growing and evolving company, and is always focusing on how to bring the best response to its consumers’ and customers’ needs.
As users are switching towards natural-origin products, cosmetic industry always require new innovative ingredients. Clariant designed a new business unit dedicated to active ingredients for cosmetics.
High-end technologies used to explore the best plant natural compounds in a very sustainable way differentiates PAT with others. The key-drivers of choice while selecting plants of various origins and ecosystems are Uniqueness and performance. However, the sustainable technology also provides full traceability, from the seed to the final active ingredient. With the Plant Milking Technology, harvesting occurs several times a year, and the plants, cultivated in aeroponic conditions are not destroyed: the roots can regrow almost indefinitely. All of these elements are in favor of a sustainable, traceable and eco-friendly process, as everything is located on a single site. There is no competition with agricultural lands which ensures efficient use of planet resources and peace of mind when it comes to regulatory compliance including the Nagoya Protocol.