Beraca (Sabará Group and Clariant), the largest supplier of natural ingredients from Brazilian biodiversity to the cosmetics, personal care and pharmaceutical industries, announces that it will invest R $ 5 million in research for the development of new products for beauty industries , personal care and pharmaceutical. The contribution will be made over the next three years.

The announcement comes after the company posted a 10% global growth in 2017 -12% in Brazil, 16% in the United States and 30% in Europe. In the first quarter of 2018, global growth surpasses 44% compared to the same period of last year.

The value of the investment was obtained through the Chemical Industry Development and Innovation Plan (Padiq), a joint initiative of the BNDES and the Financing Agency for Studies and Projects (Finep), an entity linked to the Ministry of Science, Technology and Innovation. Padiq supports projects that contemplate the technological development and investments in the manufacture of chemical products from renewable sources.

“Our goal is to expand the portfolio and establish a production chain with cleaner and greener technologies, geared towards the development of bio-assets, created mainly from the recovery of waste and biomass,” says Daniel Sabará, CEO of the company.

He points out that the initiative is consistent with the current moment of the company, which invests “in the balance between technological and natural, in search of solutions with broad application potential, capable of providing high performance.”