P2 Science
P2 Science is a green chemistry company that converts renewable feedstocks — vegetable oils, terpenes, and forestry by-products — into patented, bio-based specialty ingredients (Citropol®, CitroVisc™, Citrolatum®, CitroSperse™) serving as sustainable alternatives to silicones and petrochemicals for enterprise beauty brands, F&F houses, and specialty chemical markets across 25 countries.
- Company typePrivate
- Founded2011
- HeadquartersWoodbridge, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What P2 Science does
P2 Science is a green chemistry company founded in 2011 by Professor Paul Anastas and Dr. Patrick Foley at Yale University's Center for Green Chemistry and Green Engineering. Headquartered in Woodbridge, Connecticut with a manufacturing plant in Naugatuck, CT, the company develops and manufactures high-performance bio-based specialty ingredients that serve as sustainable alternatives to silicones, esters, and petrochemical-derived materials across beauty and personal care, flavor and fragrance, performance materials, crop care, and aroma technologies markets. The company serves enterprise beauty brands, formulators, and F&F houses in 25 countries.
The company's core technology platforms are PIOz™ (Process Intensified Ozonolysis), PiOx® (Process Intensified Oxidation), and PiCE (Process Intensified Continuous Etherification), which convert renewable feedstocks — vegetable oils, terpenes, and forestry by-products — into specialty chemicals under mild conditions (below 40°F, no applied pressure or heat). The flagship is the patented Citropol® platform of biorenewable, biodegradable, biocompatible liquid polymers, with variants including Citropol F (fragrance enhancer), Citropol H, V5, V6, 1A, HA, and DE-4. Adjacent product lines include CitroVisc™ performance fluids (1000/5000/10K viscosities), Citrolatum® petrolatum alternatives (B, C, P), CitroComplex® hair and skin blends, CitroButter™ S, CitroSperse™ pigment dispersions, and specialty aroma chemicals (BioNonanal™, Herbenone™, Hydrofleur™). The IP portfolio includes at least six granted US patents and corresponding EP/CA filings plus registered trademarks across the product lines. The Naugatuck plant, opened September 2018, was the first green chemistry advanced manufacturing facility of its kind.
P2 Science operates a multi-channel go-to-market combining direct enterprise sales to major beauty brands (Rare Beauty, Living Proof, L'Oréal Groupe, Estée Lauder), a self-serve e-commerce storefront offering 500g-25kg pack sizes for US customers, regional distributors (Connect Chemicals in Germany and Italy), and strategic F&F partners (Symrise, Bedoukian Research). Revenue streams include specialty ingredient sales, technology licensing and co-development (notably the ADM Joint Development Agreement for renewable monomers, polymers, plasticizers, and surfactants), and contract manufacturing using P2's proprietary processes. The company holds ISO 9001:2015, EFfCI GMP, USDA BioPreferred, and Natrue certifications. Total disclosed equity funding is approximately $46.6M across multiple rounds from 2013-2026, with strategic investors including BASF Venture Capital, Chanel, dsm-firmenich ventures, Sofinnova Partners, Connecticut Innovations, HG Ventures, Lewis & Clark AgriFood, and Xeraya Capital. Leadership includes CEO Oihana Elizalde, PhD (appointed November 2023), co-founder and President Patrick Foley, co-founder Paul Anastas, CFO Brian Chan (appointed June 2026), and Chairman Rob Bettigole.
P2 Science firmographics
Firmographics- Name
- P2 Science
- Legal name
- P2 Science, Inc.
- Website
- https://p2science.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- P2 Science is a green chemistry company that converts renewable feedstocks — vegetable oils, terpenes, and forestry by-products — into patented, bio-based specialty ingredients (Citropol®, CitroVisc™, Citrolatum®, CitroSperse™) serving as sustainable alternatives to silicones and petrochemicals for enterprise beauty brands, F&F houses, and specialty chemical markets across 25 countries.
- Ownership category
- akta.pro rank
P2 Science industry classification
Industry- Product category
- Specialty Chemicals
- NAICS
- Chemical Manufacturing (325), Resin and Synthetic Rubber Manufacturing (32521)
- SIC
- Industrial Organic Chemicals (2860), Miscellaneous Chemical Products (2890)
- akta.pro primary industry
- Personal Care & Cosmetic Ingredients (IMAEABAJ)
- akta.pro secondary industries
- Biochemicals & Bio-based Platform Chemicals (cellulose sugars, lignin derivatives, organic acids) (IMAMALAB), Bio-based & Biodegradable Polymer Resin Manufacturing (PLA, PHA, PBS, starch blends) (IMANAAAG), Bio-based Resins, Adhesives, Coatings & Sealants (EUAAAIAG)
Keywords
Where P2 Science is headquartered
LocationHeadquarters
- HQ city
- Woodbridge
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
P2 Science business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Specialty Ingredients Sales: Sale of proprietary green chemistry ingredients including Citropol® polymeric emollients, Citrolatum® petrolatum alternatives, CitroVisc™ performance fluids, CitroSperse™ pigment dispersions, and aroma chemicals to beauty, personal care, and fragrance manufacturers.
- E-Commerce Product Sales: Direct online sales through company e-commerce store offering pack sizes from 500g to 25kg for US customers, enabling convenient purchase of key products.
- Technology Licensing and Co-development: Joint development and technology licensing arrangements with strategic partners including Symrise, ADM, and Bedoukian for renewable F&F ingredients and specialty chemicals.
- Contract Manufacturing/Tolling: Custom manufacturing services using proprietary green chemistry processes for specialty chemical production.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | E-commerce pack sizes from 500g to 25kg |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels9 records
P2 Science product offering
Product offeringCore offering
P2 Science manufactures bio-based specialty chemicals from renewable plant-based feedstocks at its Woodbridge, CT headquarters and Naugatuck, CT plant. Its sellable portfolio includes the Citropol polymer series, CitroVisc performance emollients, Citrolatum petrolatum alternatives, CitroComplex skin and hair care blends, CitroButter butters, CitroSperse pigment dispersions, and aroma ingredients such as BioNonanal, Herbenone, and Hydrofleur, sold into beauty and personal care, flavors and fragrances, performance materials, and crop care markets.
Product overview
P2 Science is a green chemistry company that develops and manufactures high-performance plant-based ingredients using proprietary technologies including PIOz (air oxidation of renewable oils) and PICE/PiOx processes. The company's flagship product platform is the Citropol Series, a patented family of biorenewable, biodegradable liquid polymers that serve as sustainable alternatives to silicones, petrochemicals, and conventional cosmetic ingredients. The portfolio extends across multiple product lines: CitroVisc high-viscosity performance fluids, Citrolatum petrolatum alternatives, CitroComplex ingredient blends for hair and skin care, CitroButter butter textures, and CitroSperse sustainable pigment dispersions. Supporting the platform are specialty aroma chemicals including BioNonanal and Herbenone. The company operates manufacturing facilities in Connecticut and serves customers in 25 countries across beauty, personal care, flavor and fragrance, performance materials, crop care, and aroma technologies markets.
Differentiator
Problem solved
Functional benefit
Brands
- Citropol®: Patented platform of biorenewable, biodegradable liquid polymers for cosmetics and personal care applications, including Citropol 1A, F, H, HA, V5, V6, and DE-4 variants.
- CitroVisc™
- Citrolatum™
- BioNonanal™
- Hydrofleur™
- Herbenone™
- CitroComplex®
- CitroButter™
- CitroSperse™
Products and services
- Citropol Series Patented class of 100% biorenewable, high-viscosity liquid polymers sold in variants including Citropol 1A, F, H, HA, V5, V6, and DE-4 for use as silicone and polyalphaolefin alternatives in hair care, skin care, deodorant, and fragrance applications.
- CitroVisc Performance Cosmetics Fluids
Quantifiable outcome
- Citropol F extends fragrance longevity and performance without traditional fixatives
- +5 more outcomes
Companies that use P2 Science
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles4 records
P2 Science technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
P2 Science partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered major, core and minor.
- The Matter LabmajorAI/ML materials discovery collaboration for HEAT FACTORY project under ARPA-E CATALCHEM-E program. P2 received $2.8M federal funding to accelerate catalyst innovation using artificial intelligence and autonomous labs.
- The National Labs of the RockiesmajorComputational reaction modeling partner in HEAT FACTORY project combining P2's green chemistry with AI-enhanced autonomous labs to cut catalyst development timelines from ~10 years to ~1 year.
- L'Oréal GroupcoreSelected for L'Oréal's €100 million L'AcceleratOR sustainable innovation program in partnership with University of Cambridge Institute for Sustainability Leadership (CISL). P2 was one of 13 companies selected from nearly 1,000 applicants across 101 countries. Program focuses on next-generation packaging, nature-sourced ingredients, circular solutions, and data intelligence.
- Algenesis CorporationmajorStrategic partnership to jointly develop algae-derived chemicals and 100% biobased, biodegradable polyurethanes. Combines P2's PIOz™ process with Algenesis' Bio-Iso™ innovation technology to replace petroleum-based materials and eliminate microplastics.
- Connect ChemicalsmajorP2's Citropol distributor in Germany and Italy. BSB Innovation award application for Citropol was made in collaboration with Connect Chemicals.
- One Tree PlantedminorVermont non-profit focused on global reforestation. P2 sponsors planting of one tree for every kilogram of Citropol® and forestry-derived products sold through Plant-a-Forest initiative. Each tree removes about 1 ton of CO2 over 40 years.
- Bedoukian ResearchminorJoint Development Agreement for developing efficient routes to synthesize insect pheromones using plant-based, renewable chemicals. Combines P2's green chemistry with Bedoukian's 45+ years of pheromone expertise.
- ADM (Archer Daniels Midland)majorMOU signed January 2020 for plant-based monomers, polymers, and specialty products. ADM has leading global portfolio of plant-based feedstocks including carbohydrates, vegetable oils, and terpenes. Followed by Joint Development Agreement in July 2020 for renewable terpene monomers, mid-chain fatty alcohols/acids, polyesters, polyamides, plasticizers, and surfactants.
- Bedoukian ResearchmajorManufacturing and marketing agreement for F&F ingredients. First commercial product Hydrofleur™ introduced at World Perfumery Congress 2018. Bedoukian has over 450 aroma chemicals and 50 insect pheromones with global distribution network.
- Symrise AGmajorJoint development and commercialization of renewable F&F and cosmetics ingredients. Symrise is one of top four global flavors and fragrances companies. Initial products with high strategic importance to Symrise being scaled up within 12 months.
- Desmet Ballestra SpAmajorPartnership for commercialization of Ballestra's reactor technology in P2's proprietary ozonolysis process for production of flavor, fragrance and cosmetic ingredients. P2 installed and ran pilot scale falling film reactor from Desmet Ballestra. Long-term potential for larger scale markets beyond F&F including surfactants and polymer intermediates.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
P2 Science competitors and assessment
Company assessmentDirect peers
- Croda International: Global specialty ingredient supplier for personal care, beauty, and F&F, with a substantial bio-based and sustainable ingredient portfolio. Direct overlap with P2's beauty and personal care customer base and product categories (emollients, polymers, natural alternatives to silicones and petrolatum).
- Symrise: Top-four global flavors and fragrances company with a personal care ingredients business. Has been a P2 strategic partner (renewable F&F ingredients since 2014), so directly comparable in renewable aroma chemicals and specialty ingredients while also a customer and co-developer.
- Stepan Company: Specialty chemicals manufacturer serving personal care, F&F, and agricultural markets with surfactants, polymers, and specialty ingredients. Comparable to P2 in personal care specialty ingredients with bio-based and sustainable positioning, at a larger but still specialty-focused scale.
- Corbion: Dutch bio-based specialty ingredients company producing lactic acid derivatives, PLA bioplastics, and sustainable food/cosmetic ingredients. Highly comparable to P2 in converting renewable feedstocks into high-value specialty ingredients using fermentation and bio-based chemistry.
- Bedoukian Research: Specialty manufacturer of aroma chemicals and insect pheromones (450+ aroma chemicals, 50+ insect pheromones). Both partner (manufacturing/marketing agreement for Hydrofleur and joint pheromone development since 2014) and direct peer in renewable F&F ingredients.
- Hallstar: US-based specialty ingredients company focused on personal care, beauty, and industrial applications, with a portfolio of bio-based and naturally derived cosmetic emollients, esters, and performance ingredients. Direct overlap with P2's customer base and product positioning in renewable cosmetic specialties.
Broad incumbents
- BASF: World's largest chemical company with a broad Personal Care and F&F ingredients business (BASF Care Chemicals). Also a P2 investor (BASF Venture Capital since 2017), creating a partner-competitor dynamic where BASF both supplies and competes with P2 in renewable specialty ingredients.
- Evonik: Global specialty chemicals company with a personal care and cosmetics ingredients business line offering bio-based and sustainable alternatives. Comparable to P2 in targeting renewable cosmetic ingredients but at much greater scale and broader portfolio.
- Givaudan: World's largest flavors and fragrances company with a personal care ingredients business and substantial sustainability/bio-based program. Comparable in F&F and personal care specialty ingredient categories but operates globally at significantly larger scale.
- IFF (International Flavors & Fragrances): Global F&F and ingredients major (formed through the merger of IFF and DuPont Nutrition & Biosciences). Comparable in renewable F&F and personal care specialty ingredients, including its Health & Biosciences division that produces bio-based ingredients.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
P2 Science social profiles
Digital presenceP2 Science compliance and trust
Trust signalCompliance4 records
P2 Science financial estimates
Financial estimateRevenue estimate
Valuation estimate
P2 Science leadership team
Management profileNumber of profiles
Profiles11 records
P2 Science funding detail
Funding detailFunding overview
Funding rounds14 records
Investors19 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
P2 Science M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about P2 Science
What does P2 Science do?
P2 Science manufactures bio-based specialty chemicals from renewable plant-based feedstocks at its Woodbridge, CT headquarters and Naugatuck, CT plant. Its sellable portfolio includes the Citropol polymer series, CitroVisc performance emollients, Citrolatum petrolatum alternatives, CitroComplex skin and hair care blends, CitroButter butters, CitroSperse pigment dispersions, and aroma ingredients such as BioNonanal, Herbenone, and Hydrofleur, sold into beauty and personal care, flavors and fragrances, performance materials, and crop care markets.
Is P2 Science a public or private company?
P2 Science is a private company. It is classified as venture growth investor backed and is currently operating.
When was P2 Science founded?
P2 Science was founded in 2011. It employs 11 to 50 people.
Where is P2 Science based?
P2 Science is headquartered in Woodbridge, United States, in the North America region.
How does P2 Science make money?
Four revenue lines are on record. Specialty Ingredients Sales are the primary driver. The others are E-Commerce Product Sales, technology Licensing and Co-development and contract Manufacturing/Tolling.
Who are P2 Science's main competitors?
Direct peers on record are Croda International, Symrise, Stepan Company, Corbion, Bedoukian Research and Hallstar. Broad incumbents are BASF, Evonik, Givaudan and IFF (International Flavors & Fragrances).
Does P2 Science have an API?
No public API is recorded for P2 Science.
What industry is P2 Science in?
P2 Science's product category is Specialty Chemicals. Its primary akta.pro industry code is IMAEABAJ, Personal Care & Cosmetic Ingredients, with a secondary code of IMAMALAB, Biochemicals & Bio-based Platform Chemicals (cellulose sugars, lignin derivatives, organic acids). Its NAICS code is 325 and its SIC code is 2860.