Corbion
CRBN • AMX
Materials • Specialty Chemicals
Market Cap
€1.7B
Founded
1919
Employees
2.4K
Headquarters
Amsterdam, Netherlands
Company Description
Corbion is a sustainable ingredients company specializing in lactic acid and its derivatives—ingredients that help preserve food, create biodegradable plastics, and improve human health. Their products extend the shelf life of bread, make bioplastics that can replace petroleum-based materials, and provide algae-based omega-3 for dietary supplements. The company operates through two main segments: Functional Ingredients & Solutions (food preservation, texture enhancers, and bakery ingredients) and Health & Nutrition (algae-based omega-3, human milk oligosaccharides, and specialty ingredients for dietary supplements). Corbion is the world's largest producer of lactic acid, which forms the building block for their entire product portfolio. Founded in 1919 and headquartered in Amsterdam, Corbion traces its roots to the Dutch sugar industry. The company has a strong presence in over 18 countries with production facilities across the Americas, Europe, and Asia. In 2024, Corbion completed a first-of-its-kind circular lactic acid plant in Thailand with the lowest carbon footprint of any comparable facility worldwide. With approximately 2,400 employees and €1.3 billion in annual sales, Corbion also operates a 50/50 joint venture with TotalEnergies called TotalEnergies Corbion, which produces Luminy® PLA bioplastics. Under CEO Olivier Rigaud's leadership, the company focuses on growth in natural food preservation, algae-based ingredients, and sustainable polymers, aligned with UN Sustainable Development Goals around hunger, health, and responsible consumption.