BASF announces innovation partnership with Ingredi

BASF is working in partnership with Ingredi, a supplier of natural actives and personal care solutions. The partnership includes a strategic equity investment in the China-based business by BASF.

While the traditional Chinese medicine (TCM) market is known by many consumers, the use of plant-based actives with a TCM background is a new and gorwing trend in personal care. Established in 2017, Ingredi has strong capabilities in identifying new active ingredients derived from natural resources in the Himalaya region of China. BASF contributes expertise by demonstrating how to incorporate these ingredients in personal care formulations and will market the products to customers globally.

Based on a robust R&D platform and with in-house in vitro and in vivo testing facilities, Ingredi has expanded its business rapidly. Through the equity investment from BASF, Ingredi will be able to extend its production facilities. In addition, BASF will work with Ingredi to identify new solutions and commercialise these to the global personal care market.

Committed to industry development

“It is a great honour for us to be recognised by BASF as such a valuable partner for the industry,” says Dr Ji Zhou, chairman and founder of Ingredi, China. “The partnership will enable us to benefit from BASF’s experience in the industry and profit from each other’s knowhow.”

“We are committed to delivering innovative solutions to the personal care market while building an ecosystem of partners to support our customers,” says Dr Robert Parker, director of new business development & digital officer, Care Chemicals at BASF. “We are proud to collaborate with Ingredi, developing it business with mutual benefits.”

The partnership between BASF and Ingredi is yet another example of how the Care Chemicals division is addressing future challenges. Sustainability, digitalisation, innovation, and new approaches to working together are the key cornerstones to Care 360° – Solutions for Sustainable Life.