Summary:
A Bulgarian company, established in the heart of the Bulgarian Rose Valley, is а leading exporter of floral water (10 diferent kinds), essential oils (over 20 different kinds), dried medicinal herbs and botanical extracts. Its most famous essential oil is the rose essential oil from Rosa Damascena. The company is looking for a manufacturing agreement by supplying different industries (cosmetics, pharmaceutical, food,etc.) with its products or finding partners for a joint venture.
Description:
The Bulgarian company was founded in 1994 and one of its main activities is trading with essential oils, absolutes, concretes, floral waters, dried medicinal herbs and botanical extracts (plant extracts and herbal extracts).
The main use of essential oils is in perfumery and aromatherapy. The company's main clients are spa centres, companies producing perfumes, aromatic candles, massage oils, salts and pearls for bath.
The more attractive part of the company's product list is the floral water. Floral waters take part in the production of cosmetic products. They are used in products such as moisturising face creams, cleansing lotions, shower gels, liquid and solid soaps, cleansing milks for face and body.
Concretes and absolutes are more specific products. The company produces them mostly upon clients' requirement. Their main use is as a "flavour" or aromatic ingredient in candles and soaps. They are cheaper than essential oils but give almost the same aroma of the product.
Some of the company's most sold essential oils, absolutes, concretes, and floral waters are: Rosa Damascena, Rosa Alba, Melissa, Mint, Lavender, Yarrow, St. John's Wort, Juniper, Thyme, Pine, Oregano, Tanacetum, Linden, Roman Camomilla, Camomilla, Geranium, Valerian, Immortelle.
The company offers several extracts by extraction: glycol extracts, powdered extracts, liquid extracts, etc.
Glycol/glycerin botanical extracts are produced through a process of extraction with propylenglycol and glycerin. They are used in pharmaceutical and cosmetics industries and for the production of food supplements.
The company produces concentrated glycol/glycerin extracts as well as oil extracts when ordered by the customer. Both such extracts are used in the production of cosmetic products.
Liquid extracts are used in the pharmaceutical industry. Upon customer request, the company produces liquid extracts such as tinctures and spissated extracts.
Upon customer request, the company produces dry/powdered extracts. They are used in food supplements and cosmetics.
The quality control is carried out using contemporary HPLC, MS/GC spectrometric and analytical methods.
Some of the company's most sold extracts are: Horse chestnut, Valerian, Chamomilla, Butterbur, Hawthorn, Nettle, Sweet Clover, St John’s wort, Eyebright, Tribulus Terrestris, Cotinus Coggygria, Geranium Sanguineum, Cichorium Intybus, Tanacetum Vulgare and Solidago Virgaurea l.
Botanical extracts are used in pharmaceutical industry, as an ingredient in medical and nutritional supplements, to enrich tea, cosmetic products and spa compositions.
The company also offers finished products such as cosmetic series (under “Private Label” basis) developed and based on natural floral water from Rosa Damascena (face lotions and hydra gels) as well as series based on floral water from Lavender, Melissa and Mint, which are under development and not yet on the market. All of the company's new products have moisturizing, cleansing, antibacterial, and refreshing effect on the skin of face, hands, and body.
The company is looking for international business cooperation under contract manufacturer agreement and/or to get involved in a joint venture. The company wants to promote the high quality of the original traditional Bulgarian natural products to international markets.
The company is looking for manufacturing agreement where certain products can be produced or where the client can order spectra of one product, for example - rose oil, rose absolute, rose concrete, and rose water.
For a joint venture, the Bulgarian company has at its disposal the following: distillery facility, bottling machine for natural healthy drinks, facility for botanical extracts production, tableting machine (for both – for solid forms as well as for jelly pearls). The potential partner in the joint venture is required to be already present in its market and to be well established there.
Type (e.g. company, R&D institution…), field of industry and Role of Partner Sought:
The Bulgarian company is looking for international partnerships under manufacturing and joint venture agreement.
Under manufacturing agreement, the company is looking for partners who are producers of teas, food supplements, pharmaceutical products, cosmetics, perfumes, soaps, as well as such who operate in the sphere of spa services or offer spa products.
The Bulgarian company is also interested in a joint venture agreement where a new product can be developed. There should be a demand on the products intended to be produced.
The foreign company in the joint venture could be certified for the production of food supplements, and why not for dosage forms (some kind of pills). JV could become a company that owns several patented medicinal products. The JV could fit into the risky and capital investments of a large pharmaceutical giant in order to take part of its production on the territory of Bulgaria.
Stage of Development:
Already on the market
External code:
BOBG20210628001
