News
News
09/09/2022
CosmeticBusiness
BASF Goes TCM
The Company Takes a Stake in a Chinese Start-up for TCM Active Ingredients
BASF has entered into a partnership and equity investment with Ingredi, a Chinese supplier of natural ingredients and solutions for the personal care industry. The start-up was founded in 2017 and specialises in identifying new active ingredients for personal care products, which are derived from the natural plants of the Himalayan region in China, according to the partners. The use of plant-based actives from the spectrum of Traditional Chinese Medicine (TCM) is considered a new, rapidly growing trend in the personal care industry. Further information …