Botanica Becomes an Evonik Company
Evonik has acquired Botanica, a Swiss manufacturer of plant extracts.
The specialty chemicals company, according to its own information, aims to strengthen its position in the active cosmetic ingredients market. Botanica is said to be one of the leading providers of sustainable botanical extracts for the personal care industry. With the help of the company's know-how, Evonik plans to develop a range of sustainable base extracts. Furthermore, Botanica’s highly customizable extracts reportedly will boost the portfolio of unique system solutions from 20 percent share today to more than 50 percent by 2030. Further information …