Nestle SA (NSRGY)

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NSRGY - Nestlé enters Partnership with Corbion




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Company News and Tweets

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Nov 07, 2019


Nestlé

to partner with Corbion

for the development of microalgae-based ingredients
for plant-based products


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Nestlé has entered into a partnership with Corbion
to develop the next generation of
microalgae-based ingredients,
enabling the company to deliver sustainable,
tasty and nutritious plant-based products.

Microalgae ingredients have several advantages,
as they are a vegan source of protein,
healthy lipids and various micronutrients.
In addition, the production of microalgae
has a low carbon, land and water footprint.

Stefan Palzer, Nestlé Chief Technology Officer says,
"We are actively exploring the use of microalgae
as an alternative protein and micronutrient
source for exciting plant-based products.

Through the partnership with Corbion,
we will be able to use great-tasting,
nutritious microalgae-based ingredients
to innovate across our different product categories."

By combining Corbion's microalgae
and fermentation capabilities
with Nestlé's expertise in the development
of plant-based products,
the two companies aim to produce
and commercialize microalgae-based ingredients
rich in protein and micronutrients.
They will collaborate to improve the functionality,
taste and nutritional profile for usage
in different types of products.

Nestlé's
plant-based portfolio
currently includes various beverages
such as almond-, coconut -
and oat-based creamers and coffee mixes,
non-dairy ice cream, as well as a range
of pea and soy-based meat alternatives
and prepared dishes.

"We are excited to partner with Nestlé
to develop the next generation
of algae-based ingredients,"
said Marc den Hartog,
Executive Vice President Innovation Platforms
at Corbion.

"Corbion has already demonstrated
the value of algae in several high-value
food and feed applications.

This new protein partnership with Nestlé
has the potential to open important avenues
for algae-based products
into large global markets."

Based in the Netherlands,
Corbion is a global market leader
in lactic acid, lactic acid derivatives
and a leading company in emulsifiers,
functional enzyme blends, minerals,
vitamins and algae ingredients.


https://www.corbion.com/?fbclid=IwAR2YQCzrNSQf6VjtkoNFP_uB2w7DmuCyLyu0VsMFWI316I0dOXoqYYgnZ5M

https://www.corbion.com/food


https://www.nestle.com/randd/news/allnews/partnership-corbion-microalgae-plant-based-products?fbclid=IwAR3RVQnlU1ws5iqJYzttzrb-UK5t-Qo7h4gNxGpNiYU5hyrievzg4N5n2HE

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Feb 13, 2020


Nestlé reports full-year results for 2019


The company is fully embracing the need for speed,
as the rapid expansion of our new plant-based food
and beverage offerings has shown.

We are getting to market faster
with must-have products.


https://www.nestle.com/media/pressreleases/allpressreleases/full-year-results-2019

https://www.nestle.com/media/news

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