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Corbion NV
Corbion NV

-8.14%

Food & nutrition / Food ingredients

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Overview
Corbion NV is a global food and biochemical company headquartered in Amsterdam, Netherlands. It was founded in 1919 as Centrale Suiker Maatschappij (CSM) and rebranded as Corbion in 2013. The company specializes in the production of ingredients, additives, and biochemicals for the food, healthcare, and bioplastics industries.
Corbion has a strong focus on sustainability, with a goal to become 100% sustainable by 2050. The company’s products are primarily derived from renewable resources, such as corn, sugarcane, and wheat. Corbion is also committed to reducing its environmental impact and has set targets to reduce energy consumption, water usage, and waste generation.
The company operates in over 100 countries and has approximately 2,200 employees worldwide. Corbion’s products are used by food manufacturers, pharmaceutical companies, and chemical producers to improve the quality, taste, and shelf life of their products.
Corbion’s main product categories include:
1. Food ingredients: This includes emulsifiers, functional enzymes, and lactic acid-based solutions that enhance food texture, stability, and shelf life.
2. Biomaterials: Corbion produces biodegradable and renewable materials, such as PLA (polylactic acid) and PDLA (polydioxanone), for use in products such as packaging, textile fibers, and medical implants.
3. Biobased chemicals: The company produces biochemicals, such as succinic acid and lactic acid, that can be used as building blocks for various products, including bioplastics, pharmaceuticals, and cosmetics.
Corbion’s major markets include Europe, North America, and Asia. Some of its customers include major food companies, such as Nestle, Coca-Cola, and Unilever, as well as pharmaceutical companies like Pfizer and GlaxoSmithKline.
In recent years, Corbion has been recognized for its sustainability efforts and has received several awards for its achievements in reducing environmental impact and promoting sustainable practices. The company’s commitment to sustainability is reflected in its corporate slogan, Creating Sustainable Solutions that Make a Difference.
What is special about the company?
1. Focus on sustainable solutions: Corbion is committed to offering sustainable products and solutions that contribute to a better world. Their ingredients are derived from renewable resources and help reduce the environmental impact of various industries, including food, bakery, bioplastics, and more.
2. Expertise in biobased products: Corbion is a global leader in biobased ingredients, polymer chemistry, and fermentation. They have a deep understanding of using natural resources to create high-quality and innovative products.
3. Diversified portfolio: The company offers a wide range of products and solutions for various industries, including food, bakery, bioplastics, biochemicals, animal nutrition, and more. This diversity in their portfolio helps them to mitigate risks and ensures a stable revenue stream.
4. Global presence: Corbion has a strong global footprint, with production facilities, sales offices, and distribution centers in over 18 countries. This allows them to serve customers around the world and adapt to regional market needs.
5. Strong partnerships and collaborations: The company has a history of successful partnerships and collaborations with leading companies and academic institutions, which helps them to stay at the forefront of innovation and bring new solutions to the market.
6. Commitment to quality and safety: Corbion has a strict quality and safety control system in place to ensure that their products meet the highest standards. They also have sustainability policies and safety initiatives in place to promote responsible and safe operations.
7. Corporate social responsibility: The company is committed to making a positive impact on society and the environment through their corporate social responsibility initiatives. They focus on promoting sustainable sourcing, reducing their carbon footprint, and supporting local communities.
8. Strong financial performance: Corbion has consistently shown strong financial performance, with a stable revenue growth and a solid balance sheet. This financial stability allows them to invest in research and development and expand their business globally.
9. Innovation-driven culture: Corbion has a culture of innovation and continuously invests in research and development to bring new and improved products to the market. They also encourage entrepreneurial thinking and provide employees with opportunities for growth and development.
10. Award-winning company: Corbion has received numerous awards and recognition for their sustainable solutions and world-class performance. This includes being named one of the World’s Most Ethical Companies by the Ethisphere Institute for eight consecutive years (2013-2020).
What the company's business model?
Corbion NV is a global biochemical company that focuses on producing sustainable ingredients and solutions for food, biobased products, feed, and biochemicals. The company’s business model is based on three pillars:
1. Sustainable Innovation: Corbion is committed to developing sustainable solutions that reduce its customers’ environmental footprint. The company invests heavily in research and development to create new products and improve existing ones.
2. Customer-focused: Corbion works closely with its customers to understand their needs and develop tailored solutions that meet their specific requirements. The company also provides technical support and assistance to help customers optimize their processes and achieve their sustainability goals.
3. Global presence: Corbion has a global footprint with production facilities in 10 countries and sales offices in over 30 countries. This allows the company to serve customers worldwide and adapt to local market needs.
In addition, Corbion utilizes a circular economy approach in its business model, where it aims to reduce waste and maximize resource efficiency in its production processes. The company also prioritizes transparency and accountability in its operations, with a strong focus on ethical and responsible business practices.
Interesting facts about the company
1. Corbion NV is a leading technology company in the field of sustainable food, biochemicals, biomaterials, and bioplastics.
2. The company was founded in 1919 as the Central Bureau of Rhine Products (Centraal Bureau voor Nederlandsche Rivieran) and has its headquarters in Amsterdam, Netherlands.
3. Corbion NV was originally a cooperative owned by Dutch farmers, but it became a publicly traded company in 1989.
4. The company’s name changed multiple times throughout its history. In 2004, the company became CSM NV, which was an abbreviation of Centrale Suiker Maatschappij (Central Sugar Company). In 2013, the company rebranded as Corbion after selling its bakery division to a private equity firm.
5. Corbion has a strong sustainability focus and was named the world’s most sustainable company in the food and beverage industry by Corporate Knights in 2019.
6. The company has operations in over 100 countries and has more than 2,000 employees worldwide.
7. Corbion is a global leader in lactic acid production, with a market share of over 50%.
8. The company’s lactic acid is used in a wide range of applications, including food and beverage, personal care, pharmaceuticals, and bioplastics.
9. Corbion NV is the global market leader in algae-based ingredients for food, nutrition, and aquaculture.
10. The company’s products are used by major food and beverage brands, such as Coca-Cola, Danone, and Nestlé.
11. Corbion is committed to reducing its environmental impact and has set ambitious targets to reduce its carbon emissions, water usage, and waste.
12. The company is actively involved in research and development to create innovative and sustainable solutions for the food and biochemical industries.
13. Corbion has several partnerships and collaborations with universities, research institutes, and other companies to drive innovation and advance sustainable solutions.
14. The company has received multiple awards and recognitions for its sustainability efforts, including being named one of the world’s most sustainable companies by Corporate Knights for nine consecutive years.
15. Corbion’s mission is to create Sustainable Ingredient Solutions that help improve the quality of life for people today and in the future.
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