What Multiceras does

Multiceras S.A. de C.V. is a Mexican specialty chemicals manufacturer headquartered in García, Nuevo León, and part of the Corzen Group conglomerate. The company designs, manufactures, and commercializes a diversified portfolio of natural waxes (candelilla wax, carnauba wax, beeswax alternatives), synthetic waxes, wax emulsions, microcrystalline waxes, paraffin waxes, and petrolatum. Its flagship proprietary brands include Candelilla Real®, Royal BWX®, Candeuba®, CartoWax®, Evolve®, LUVUR, Emolenz, and C Beads, with industrial coatings served through the Volkom subsidiary brand.

The company's primary technical differentiator is the 2016 introduction of a citric acid-based extraction method for candelilla wax, branded Evolve®, which replaced sulfuric acid as the extraction agent and improved safety for producer communities. Candelilla wax is sourced from wild harvesting relationships with more than 100 communities across Nuevo León, Coahuila, San Luis Potosí, Zacatecas, and Chihuahua, with more than 30 communities enrolled in a Supplier Development Program providing socioeconomic benefits. The company holds long-tenured memberships in Sedex (since 2009), the UN Global Compact (since 2012), and EcoVadis (since 2017), and operates with ISO 9001 quality management and SMETA ethical trade audit compliance.

Multiceras operates a direct B2B sales model without disclosed third-party distributors, reaching customers in more than 20 countries through inquiry-based engagement. Target segments span personal care and cosmetics (primary), pharmaceutical and dental, food, adhesives and sealants, coatings, packaging, and electronics. End-product use cases include lip balms, lotions and skincare, pharmaceutical tablet coatings, food and fruit coatings, hot melt adhesives, cardboard packaging coatings, gypsum board moisture barriers, and electronic component insulation. Multiple cosmetic certifications (Halal, Vegan, Pareve, Gluten-Free, Natural) qualify waxes for regulated personal care markets. Pricing is not publicly disclosed; customers obtain quotations through direct contact.

Name

Multiceras

Legal name

Multiceras S.A. de C.V.

Website

https://multiceras.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

51–100 employees

Short description

Multiceras is a Mexican specialty wax manufacturer producing natural (candelilla, carnauba), synthetic, and emulsion waxes for global cosmetics, pharmaceutical, food, and industrial customers across more than 20 countries, with notable proprietary extraction technology and certified sustainable sourcing.

Ownership category

akta.pro rank

Headquarters

HQ city

Nuevo León

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Natural and Synthetic Wax Manufacturing and Sales: Multiceras designs, manufactures, and commercializes a diversified portfolio of natural waxes (candelilla, carnauba) and synthetic waxes, wax emulsions, microcrystalline waxes, paraffin waxes, and petrolatum. The company sells these products globally to cosmetics, pharmaceutical, food, and industrial customers.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Multiceras designs, manufactures, and commercializes a diversified portfolio of natural and synthetic waxes including candelilla wax, carnauba wax, synthetic waxes, wax emulsions, microcrystalline waxes, paraffin waxes, and petrolatum. Products are sold globally to cosmetics, pharmaceutical, food, adhesives, packaging, coatings, and electronics manufacturers through direct B2B sales. The company also offers specialty branded solutions including Evolve® (citric acid-extracted candelilla wax), Emolenz (bee wax esters), C Beads (biodegradable exfoliation microparticles), and CartoWax® for packaging applications.

Product overview

Multiceras is a Mexican manufacturer of natural and synthetic waxes operating a diversified product portfolio. The company produces Candelilla Real® and Candeuba® (Candelilla-Carnauba blends) as flagship natural wax products, Royal BWX® as a beeswax alternative, and Carnauba wax from Brazilian palm sources. The portfolio also includes synthetic waxes, wax emulsions, microcrystalline waxes, paraffin waxes, petrolatum, CartoWax® for packaging applications, and specialty wax solutions. Products serve multiple industries including cosmetics, personal care, pharmaceuticals, food, adhesives, coatings, and industrial packaging. The company also offers the Evolve® line of citric acid-extracted Candelilla waxes as an eco-friendly innovation.

Differentiator

Problem solved

Functional benefit

Brands

• Candelilla Real®: Premium candelilla wax product
• Royal BWX®
• Candeuba®
• CartoWax®
• LUVUR
• Evolve®
• Volkom

Products and services

• Candelilla Real® Premium natural Candelilla wax derived from the Euphorbia cerifera plant, used as a vegan alternative to beeswax in cosmetic formulations including lip balms, lipsticks, lotions, creams, skincare, hair care, and soaps.
• Royal BWX®
• Carnauba Wax
• Candeuba®
• LUVUR
• Synthetic Waxes
• Emulsions
• Microcrystalline Waxes
• Paraffin Waxes
• Petrolatum
• Specialty Waxes New generation specialty wax solutions for advanced industrial and cosmetic applications.
• CartoWax®
• Evolve® Candelilla Wax Citric acid-derived Candelilla wax product line representing an eco-friendly extraction process evolution from traditional sulfuric acid methods.
• Emolenz
• C Beads

Quantifiable outcome

• 42% reduction in absolute GHG emissions (Scope 1 and 2) by 2030 from 2020 baseline; 50% of energy from renewable sources by 2030
• +2 more outcomes

Segments7 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Six partnerships are on record, tiered core.

• EcoVadiscoreStrategic or Co-development Partner · 1 January 2017Multiceras has been a member of EcoVadis since 2017. EcoVadis provides a collaborative platform for sustainability ratings in global supply chains across 190 sectors and 150 countries, supporting Multiceras' sustainability positioning with customers.
• UN Global CompactcoreStrategic or Co-development Partner · 1 January 2012Multiceras has been a signatory to the UN Global Compact since 2012, adopting its 10 principles in Human Rights, Labor Standards, Environment, and Anti-Corruption. This membership is a core component of the company's sustainability strategy and social responsibility model.
• SedexcoreStrategic or Co-development Partner · 1 January 2009Multiceras has been a member of Sedex since 2009. Sedex is the world's largest collaborative platform for sharing responsible supply chain data, enabling Multiceras to demonstrate ethical and sustainable supply chain practices to customers.
• United Nations (Sustainable Development Goals)coreStrategic or Co-development PartnerMulticeras is aligned with the UN Sustainable Development Goals (SDGs), adopted by all UN member states in 2015. The company integrates SDG indicators and targets into its strategy as part of its commitment to the UN Agenda 2030.
• VolkomcoreStrategic or Co-development PartnerMulticeras serves the construction, automotive, paper, glass, and metalworking industries through the Volkom brand, which creates specialized wax formulations for industrial coatings applications.
• Corzen GroupcoreStrategic or Co-development PartnerMulticeras is part of the Corzen Group, its parent company. The company displays the Corzen Group logo on its website footer, indicating a group structure and shared corporate identity.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks4 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCatRKLofbeeNPky_6TmjQWQ
• Facebookfacebook.com/Multiceras
• LinkedInlinkedin.com/company/multiceras

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Multiceras