Evertree
Evertree SAS develops plant-based, formaldehyde-free adhesive resins derived from rapeseed and sunflower oilcakes, selling and licensing them to composite wood panel manufacturers in France and North America. The company partners with Panneaux de Corrèze, Seripanneaux and Unilin Panels to produce bio-based MDF and particleboard for downstream furniture and construction brands.
- Company typePrivate
- Founded2016
- HeadquartersVenette, France
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Evertree does
Evertree SAS is a French industrial chemistry company that develops and licenses plant-based adhesive solutions for the composite wood industry. Its core technology extracts protein functionality from rapeseed and sunflower oilcakes — agricultural byproducts supplied through Avril Group subsidiary Saipol — to formulate resins that replace petroleum-based formaldehyde and isocyanate systems. The product portfolio comprises two resins, Green Ultimate™ (a 100% plant-based, formaldehyde- and isocyanate-free adhesive) and Green Boost™ (an additive that cuts conventional resin use by 20% and lifts line productivity by up to 10%), protected by more than 25 patent families. Emissions from panels made with Green Ultimate measure 0.01 ppm, ten times below the EU E1 threshold, and the carbon footprint is approximately 50% lower than urea-formaldehyde resin.
Evertree monetizes primarily through direct B2B sales of adhesive to composite wood panel producers and through technology licensing; pricing is quote-based on multi-year contracts and is not publicly disclosed. The company's resins are embedded into finished panels produced by partners — NEXT® MDF with Panneaux de Corrèze, PANT'air particleboard with Seripanneaux, and Fibralux BioBased with Unilin Panels — which are then incorporated by downstream brands such as Camif, Cuisines Morel, Cédéo and Gomille. Distribution is concentrated in France and selectively in North America via Evertree North America Inc., with all panels achieving the French A+ indoor air quality rating.
The company was created in 2016 as a spin-off of research originating in Philadelphia in 2010, with Avril Group as majority shareholder and Bpifrance as co-investor. Headcount is reported in the 11–50 range, with a seven-person R&D team led by a polymer-chemistry specialist. Evertree holds the Solar Impulse Efficient Solution Label for Green Ultimate and the 2022 Usine Nouvelle Eco-design Award.
Evertree firmographics
Firmographics- Name
- Evertree
- Legal name
- EVERTREE SAS
- Website
- https://evertree-technologies.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Evertree SAS develops plant-based, formaldehyde-free adhesive resins derived from rapeseed and sunflower oilcakes, selling and licensing them to composite wood panel manufacturers in France and North America. The company partners with Panneaux de Corrèze, Seripanneaux and Unilin Panels to produce bio-based MDF and particleboard for downstream furniture and construction brands.
- Ownership category
- akta.pro rank
Evertree industry classification
Industry- Product category
- Bio-based Industrial Adhesives
- NAICS
- Adhesive Manufacturing (32552), Reconstituted Wood Product Manufacturing (321219), Veneer, Plywood, and Engineered Wood Product Manufacturing (3212)
- SIC
- Adhesives & Sealants (2891), Millwood, Veneer, Plywood, & Structural Wood Members (2430), Lumber & Wood Products (No Furniture) (2400)
- akta.pro primary industry
- Bio-based Adhesives, Coatings & Sealants (lignin/tannin/soy-based) (IMAMALAG)
- akta.pro secondary industries
- Engineered Wood Product Finishing, Coating & Overlay (Film-faced, HPL/LPL) (IMAMACAN), Engineered Wood Underlayment & Subfloor Panels (IMAMACAK)
Keywords
Where Evertree is headquartered
LocationHeadquarters
- HQ city
- Venette
- HQ country
- France
- HQ region
- Europe
Offices3 records
Markets served
Evertree business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales
Revenue model
- Bio-based Adhesive Sales: Sale of proprietary plant-based adhesive solutions (Green Ultimate and Green Boost) to composite wood panel manufacturers. Revenue generated through direct B2B sales of adhesive products that replace traditional petroleum-based resins.
- Licensing of Technology: Technology licensing model where Evertree's plant-based resin formulation and manufacturing know-how is licensed to panel producers for use in their production facilities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom enterprise pricing based on volume and partnership terms |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
Evertree product offering
Product offeringCore offering
Evertree develops, produces, and sells plant-based adhesive solutions (Green Ultimate™ and Green Boost™) derived from rapeseed and sunflower oilcakes that replace petroleum-based formaldehyde and isocyanate resins in composite wood panels. The company licenses its resin technology to panel manufacturers (Panneaux de Corrèze, Seripanneaux, Unilin Panels) who produce branded bio-based finished panels such as NEXT® MDF, PANT'air particleboard, and Fibralux BioBased for downstream furniture and construction markets.
Product overview
Evertree develops, produces, and sells bio-based adhesive solutions that replace petroleum-based resins in the composite wood industry. The core portfolio consists of two adhesive products—Green Ultimate™ (the world's first plant-based adhesive, formaldehyde and isocyanate-free) and Green Boost™ (a bio-based additive reducing traditional resin use by 20%)—which are incorporated into finished composite wood panels produced by partners. These adhesives enable partner manufacturers to create branded bio-based panels including NEXT® MDF panels (with Panneaux de Corrèze), PANT'air particleboard (with Seripanneaux), and Fibralux BioBased (with Unilin Panels). The company holds 25 patent families and operates from Venette, France, with supply chain integration through Avril Group crushing facilities. Founded in 2016 with backing from Avril Group and Bpifrance.
Differentiator
Problem solved
Functional benefit
Brands
- Green Ultimate™: World's first plant-based adhesive solution; formaldehyde- and isocyanate-free; derived from rapeseed and sunflower oilcakes; produces 50% less fossil carbon than urea-formaldehyde resin.
- Green Boost™
- NEXT®
- PANTair
- Fibralux BioBased
Products and services
- Green Ultimate™ World's first plant-based, formaldehyde- and isocyanate-free adhesive solution derived from rapeseed and sunflower oilcakes, designed to replace petroleum-based resins in composite wood panel production. Produces emissions comparable to natural wood (0.01 ppm) and 50% less fossil carbon than urea-formaldehyde resins; integrates into existing production lines without major capital expenditure. Sold to composite wood panel manufacturers.
- Green Boost™ High-performance plant-based additive that enhances traditional adhesive performance, reducing conventional resin quantity needed by 20% and increasing production line productivity by up to 10%. Sold to composite wood panel manufacturers as a complementary product to Green Ultimate.
- NEXT® World's first bio-based, formaldehyde-free MDF panel bonded with Green Ultimate™ resin, 98% bio-based and 100% made in France, suitable for sensitive environments including nurseries, schools, medical facilities and laboratories. Produced in partnership with Panneaux de Corrèze and distributed through French building materials supply chains.
- PANT'air First 100% made-in-France bio-based particleboard produced in partnership with Seripanneaux, using Evertree's plant-based resin and wood from sustainably managed Landes forests. Achieves A+ indoor air quality rating and is distributed to furniture manufacturers in France.
- Fibralux BioBased Bio-based MDF panel developed by Unilin Panels using Evertree's plant-based resin, manufactured for global distribution to interior design and furniture applications.
Quantifiable outcome
- Formaldehyde emissions 10x lower than EU E1 standard (0.01 ppm vs 0.10 ppm)
- +7 more outcomes
Companies that use Evertree
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles2 records
Evertree technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Evertree partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered minor and core.
- One All SportsminorMotorsport and sportswear company partnered with Evertreen (note: separate reforestation entity, not Evertree adhesives company) to plant trees for every online purchase, supporting environmental regeneration in the motorsport industry.
- Unilin PanelscorePartnership to produce Fibralux BioBased MDF panel using Evertree's plant-based resin. Unilin manufactures the panel for global distribution, expanding Evertree's reach beyond France.
- Camondo SchoolminorEco-design workshop partnership with Camondo School of Interior Architecture and Design featuring Fibralux BioBased panels. Students created innovative objects and concepts to inspire interior design professionals toward eco-design using bio-based panels.
- Cuisines MorelcorePartnership to create Fleurs kitchen, the first 100% French biosourced kitchen. Cuisines Morel discovered Evertree's plant-based resin through PANT'air panels and collaborated to develop the innovative product. The partnership reduces carbon footprint by 30% and formaldehyde emissions by 10x.
- SeripanneauxcorePartnership to produce PANT'air bio-based particleboard using Evertree's plant-based resin. Seripanneaux manufactures high-quality particleboard using wood from Landes forests with A+ indoor air quality rating.
- CPA (Composite Panel Association)minorThe Composite Panel Association represents players in the North American composite wood industry and works with American and Canadian regulators on advocacy for the sector.
- Panneaux de CorrèzecoreManufacturing partnership to produce Next MDF panels, the world's first bio-based composite wood panel. Panneaux de Corrèze uses Evertree's Green Ultimate adhesive in their Ussel plant, sourcing wood from within a 70km radius. The partnership produced the first commercial application of Evertree's technology in 2021.
- South Street Securities HoldingsminorFive-year partnership (since 2022) with Evertreen (note: separate reforestation entity) to plant trees across Honduras, Kenya, Madagascar, Brazil, and the UK. Has helped plant more than 11,000 trees and offset 1,800 kg of CO2.
- FCBAcoreFCBA (Forest Cellulose Wood Construction Furnishings) is the French technological institute for the wood industry. Partnered on the 'Respire' project supported by ADEME to develop and validate bio-based adhesive performance, indoor air quality, and lifecycle analysis. 15 FCBA researchers worked on the project.
- ADEMEcoreThe French Agency for Ecological Transition provides funding and support for the Respire project developed in partnership with FCBA. ADEME helps implement public policies for environment, energy, and sustainable development.
- SaipolcoreSaipol is an Avril Group subsidiary and France's leading oilseed processor, handling 3 million tons of rapeseed and sunflower seeds annually. Supplies Evertree with oilcakes (protein-rich byproducts of oil extraction) that serve as the raw material for plant-based adhesives. Plants located in Bassens (Gironde) and Le Mériot (Aube).
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Evertree competitors and assessment
Company assessmentBroad incumbents
- Hexion: Global leader in formaldehyde-based resins (including for wood panels) and a major incumbent Evertree competes against directly. Hexion has launched lower-formaldehyde and bio-based resin alternatives, making it the most direct incumbent threat to Evertree's chemistry position.
- BASF: One of the world's largest chemical companies with a broad portfolio of adhesives and binders serving wood-based panels, construction, and automotive. BASF's scale, R&D, and global customer reach make it a key competitor as it expands into bio-based adhesive chemistries.
- Henkel: Global adhesives giant with deep presence in industrial and construction adhesives. Henkel's sustainability initiatives and broad product portfolio position it as a broad incumbent that could move into formaldehyde-free wood-panel adhesives at scale.
- H.B. Fuller: Major industrial adhesives manufacturer with significant presence in woodworking, packaging, and construction adhesives. Its global footprint and established wood-panel customer relationships make it a comparable incumbent that could launch competing bio-based solutions.
- Sika: Specialty chemicals company with a strong position in construction and industrial bonding/sealing technologies. Sika's wood-adjacent adhesive and bonding portfolio overlaps with Evertree's addressable market for engineered wood applications.
Direct peers
- Unilin Panels: One of Evertree's largest partners, Unilin manufactures MDF panels (including Fibralux BioBased using Evertree resin) for global distribution. As both a customer and a major panel producer, Unilin is the most direct peer in composite wood panel manufacturing.
- Kronospan: One of the world's largest wood-based panel manufacturers producing MDF, particleboard, and OSB globally. Kronospan is a direct peer as both a customer-of-resins and an MDF/particleboard producer competing in the same downstream markets Evertree's partners serve.
- EGGER: Major European-based manufacturer of wood-based panels (MDF, particleboard, OSB) for furniture and construction. EGGER is a direct peer as a major panel producer operating in Evertree's primary European end-market and an indirect peer in customer/market overlap.
- EcoSynthetix: Developer of bio-based binders and adhesives for wood panels, paper, and other industrial applications using starch and other renewable feedstocks. EcoSynthetix is the most direct bio-based adhesive peer competing for the same formaldehyde-free panel market.
Emerging players
- Cargill: Agricultural commodity giant increasingly investing in bio-based industrial ingredients and chemistries, including plant-protein derivatives relevant to adhesives. Cargill's agricultural feedstock scale and bio-industrial investments make it an emerging competitor in renewable adhesive chemistries.
Market position
Strengths5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Evertree social profiles
Digital presenceEvertree compliance and trust
Trust signalCompliance3 records
Evertree financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evertree leadership team
Management profileNumber of profiles
Profiles4 records
Evertree subsidiaries and ownership
Company hierarchySubsidiaries1 record
Evertree funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evertree 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 Evertree
What does Evertree do?
Evertree develops, produces, and sells plant-based adhesive solutions (Green Ultimate™ and Green Boost™) derived from rapeseed and sunflower oilcakes that replace petroleum-based formaldehyde and isocyanate resins in composite wood panels. The company licenses its resin technology to panel manufacturers (Panneaux de Corrèze, Seripanneaux, Unilin Panels) who produce branded bio-based finished panels such as NEXT® MDF, PANT'air particleboard, and Fibralux BioBased for downstream furniture and construction markets.
Is Evertree a public or private company?
Evertree is a private company. It is classified as corporate owned and is currently operating.
When was Evertree founded?
Evertree was founded in 2016. It employs 11 to 50 people.
Where is Evertree based?
Evertree is headquartered in Venette, France, in the Europe region.
How does Evertree make money?
Two revenue lines are on record. Bio-based Adhesive Sales are the primary driver. The others are licensing of Technology.
Who are Evertree's main competitors?
Broad incumbents on record are Hexion, BASF, Henkel, H.B. Fuller and Sika. Direct peers are Unilin Panels, Kronospan, EGGER and EcoSynthetix. Cargill is listed as an emerging player.
Does Evertree have an API?
No public API is recorded for Evertree.
What industry is Evertree in?
Evertree's product category is Bio-based Industrial Adhesives. Its primary akta.pro industry code is IMAMALAG, Bio-based Adhesives, Coatings & Sealants (lignin/tannin/soy-based), with a secondary code of IMAMACAN, Engineered Wood Product Finishing, Coating & Overlay (Film-faced, HPL/LPL). Its NAICS code is 32552 and its SIC code is 2891.