Minasolve

What Minasolve does

Minasolve is the Green Chemistry Division of the privately held Minafin Group, manufacturing bio-based specialty ingredients for the personal care and specialty chemicals industries. The company operates two business units following its October 2025 merger with Pennakem LLC: Minasolve Personal Care, which supplies multifunctional cosmetic ingredients (Formula Protection, Active Ingredients, and Stabilized Hydrolats) to cosmetic brands and contract manufacturers; and Minasolve Specialties, which produces bio-based solvents (Viridisol F/T/M), furan chemistry intermediates, monomers, and rubber polymerization modifiers serving pharmaceutical, agrochemical, electronics, coatings, and rubber customers.

Underlying the portfolio is a green chemistry platform built on renewable feedstocks (sugarcane bagasse, palm kernel oil, cinnamon tree byproducts, grapefruit peel, Cistus ladaniferus, and Japanese knotweed), furan chemistry expertise dating to 1943, and proprietary processes including patented stable liquid Caprylyl Glycol (E-Leen 8), patented liquid cooling agent (Fresh'in Green+), and a patent-pending Cistus extraction process co-developed with GREEN LAB and Avignon University. Manufacturing spans Belgium (HQ and innovation hub in Mont-Saint-Guibert), France (Beuvry-La-Forêt), and the United States (Memphis, TN), with the Memphis site specializing in pilot-to-commercial scale operations including on-site hydrogen generation and continuous/batch hydrogenation systems.

Minasolve generates revenue through direct B2B sales of catalog and custom ingredients, with pricing negotiated per product, volume, and customer (pricing is not publicly disclosed). The go-to-market combines enterprise field sales from the Belgium headquarters with intensive trade show participation across In-Cosmetics, Cosmetagora, CPHI, SEPAWA, NYSCC Suppliers' Day, and other events, complemented by regional channel partners in India, Italy, the UK, and Central/Eastern Europe. R&D and custom process development, analytical method development, and regulatory support services are offered alongside product sales. Minasolve holds a dense stack of certifications (ISO 9001:2015, EcoVadis Platinum 2024 and 2025, COSMOS, NATRUE, USDA BioPreferred, RSPO Mass Balance, CyberVadis Mature, Responsible Care signatory) that are integral to its value proposition in clean beauty and bio-based industrial markets.

Name

Minasolve

Legal name

Minasolve LLC

Website

https://minasolve.com

Company type

Private

Founded year

1943

Operating status

Operating

Headcount range

11–50 employees

Short description

Minasolve manufactures bio-based specialty ingredients for personal care and industrial customers, producing multifunctional cosmetic ingredients, stabilized hydrolats, bio-based solvents, and furan chemistry intermediates from renewable feedstocks across facilities in Belgium, France, and the United States.

Ownership category

akta.pro rank

Product category

Specialty Chemicals & Bio-based Cosmetic Ingredients

NAICS

Medicinal and Botanical Manufacturing (325411), Cyclic Crude, Intermediate, and Gum and Wood Chemical Manufacturing (325194)

SIC

Medicinal Chemicals & Botanical Products (2833), Industrial Organic Chemicals (2860)

akta.pro primary industry

Personal Care & Cosmetic Ingredients (IMAEABAJ)

akta.pro secondary industry

Herbal & Botanical Supplements (CRADAGAD)

Keywords

• Bio-based cosmetic ingredients
• Specialty chemical intermediates
• Green chemistry solvents
• Multifunctional personal care ingredients
• Furan-based chemicals

Headquarters

HQ city

Mont-saint-guibert

HQ country

Belgium

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Specialty Chemical Ingredients (B2B): Minasolve manufactures and sells bio-based specialty chemical ingredients — including multifunctional cosmetic ingredients (Personal Care) and fine chemical intermediates/solvents (Specialties) — to enterprise customers in cosmetics, pharmaceuticals, agriculture, coatings, electronics, and rubber industries. Revenue is generated through direct B2B product sales of catalog and custom ingredients.
2. R&D and Custom Development Services: Minasolve offers custom process development, analytical method development, and regulatory support services as part of its integrated offering. These services are provided alongside product sales to enterprise customers seeking bespoke chemical solutions.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Minasolve manufactures and sells bio-based specialty chemical ingredients — multifunctional cosmetic ingredients (Formula Protection, Active Ingredients, and Stabilized Hydrolats) for personal care and fine chemical intermediates/solvents (Viridisol line and furan derivatives) for industrial customers. The company transforms renewable raw materials (sugarcane bagasse, palm kernel oil, cinnamon tree byproducts, grapefruit peel) into high-value ingredients using green chemistry, and provides integrated R&D services including custom process development, analytical method development, and regulatory support.

Product overview

Minasolve operates as a unified entity under two distinct business units following the October 2025 merger with Pennakem: Minasolve Personal Care (cosmetic ingredients) and Minasolve Specialties (specialty chemicals). The Personal Care division offers three main product categories: Formula Protection ingredients (A-Leen, E-Leen, EasySafe, Hexcine, Hexiol, Octiol, and O-Leen series providing multifunctional benefits including humectant, emollient, solvent, and preservation boosting properties), Active Ingredients (Caprocine, Flora-Leen Cistus, Fresh'in, Resve, MinaSolve CapEasy), and Stabilized Hydrolats (Hydra-Leen line featuring rose, camomile, lavender, and neroli botanical waters). The Specialties division produces bio-based furans and derivatives (Furan, Methyl Furan, Dimethylfuran, Dihydrofuran series), bio-based solvents (Viridisol F/T/M), furan derivatives for pharmaceuticals, and rubber polymerization modifiers (ETE, DTHFP). Both divisions provide R&D services (process development, analytical & regulatory support) and operate manufacturing facilities across Belgium, France, and the USA.

Differentiator

Problem solved

Functional benefit

Products and services

• O-Leen 26 Green multifunctional ingredient in a 100% bio-based version obtained through green chemistry production with responsibly sourced raw materials and full supply chain traceability. Combines humectant, emollient, solvent, and preservation boosting activities in a single molecule; provides immediate moisturization, enhances product protection systems, and remains compatible across a wide range of textures. Upcycled from sugarcane molasses; palm-free. Sold to cosmetics manufacturers and formulators.
• Hexcine T Green Fully bio-based multifunctional cosmetic ingredient stabilized with natural alpha-Tocopherol. Enhances efficacy of preservatives and acts synergistically with other antimicrobial agents; powerful antifungal action against yeasts and molds; effective deodorant component. Vegan and Halal compliant, globally approved. Sold to cosmetic formulators as a sustainable alternative to conventional ethylhexylglycerin.
• A-Leen 6 Biobased multifunctional ingredient that enhances product protection while acting as solvent, humectant, and emollient. Made from 100% RSPO-MB certified palm kernel oil. Suitable for all skin types and ideal for both conventional and natural cosmetics. Sold to cosmetic manufacturers.
• E-Leen 58 100% bio-based humectant and synergistic cosmetic solvent made from sugarcane bagasse and palm kernel oil. Dissolves poorly soluble ingredients, acts as preservative booster with intrinsic anti-yeast and antibacterial properties. Suitable for hot and cold processes at any pH level. Sold to cosmetic formulators.
• E-Leen 58 GOLD Versatile multi-functional ingredient, sustainably produced, 100% biobased, COSMOS and NATRUE approved. Based on upcycled ingredients from food production containing optimized selection of citrus bioflavonoids. Used as skin friendly moisturiser, sustainable skin detoxifier (antioxidant), and synergistic preservative booster creating fully self-preserving formulations. Free of fragrance allergens (IFRA). Sold to cosmetic formulators.
• Flora-Leen Cistus Natural well-aging ingredient, skin soother and antioxidant from Cistus ladaniferus (Rockrose) with patent-pending extraction process. Enhances skin resilience and longevity with proven anti-wrinkle properties in 28-day in-vivo clinical studies. Contains polyphenols and natural antioxidants. COSMOS and NATRUE approved with natural index of 1 according to ISO 16128. Sold to cosmetic manufacturers as an anti-aging active ingredient.
• A-Sensofeel MFC 100% natural ingredient developed in collaboration with Swiss Weidmann Group from sustainably sourced European hardwood. Creates attractive natural cosmetic products with excellent look, touch and feel on the skin; environmentally friendly and readily biodegradable; COSMOS approved. Sold to cosmetic manufacturers.
• A-Leen 5 (Pentiol Green+) Biobased multifunctional ingredient made by upcycling sugarcane bagasse, a byproduct of food production. Acts as skin humectant, emollient, cosmetic solvent, and enhances effectiveness of antimicrobial ingredients. COSMOS and NATRUE approved. Sold to cosmetic formulators.
• E-Leen 8 Unique stable liquid form of biobased Caprylyl Glycol with patented technology (Stable Liquid Caprylyl Glycol Composition) that keeps the ingredient liquid at ambient temperature, enabling use in both hot and cold manufacturing processes without heating equipment. Produced from sustainably sourced palm kernel oil and rapeseed oil using green chemistry; COSMOS and NATRUE approved; USDA BioPreferred certified with 100% biobased content. Sold to cosmetic formulators.
• Hexcine Multifunctional cosmetic ingredient (ethylhexylglycerin) that enhances efficacy of preservatives and acts synergistically with other antimicrobial agents. Effective deodorant and medium-spreading emollient improving formulation sensation; non-ionic and effective at any pH level. Sold to cosmetic formulators.
• Fresh'in Green+ Patented liquid solution of the crystalline cooling agent Fresh'in (methyl diisopropyl propionamide) in pentylene glycol. Enables easy formulation at any time and temperature of the manufacturing process. Delivers identical refreshing properties to the solid version while simplifying manufacturing. Recommended for skin care, oral care, toiletries, make-up, and perfumes. Sold to cosmetic manufacturers.
• Resve Natural active ingredient (resveratrol) known for anti-aging, antioxidant, and anti-inflammatory properties. Extracted from Japanese knotweed (Fallopia japonica), an invasive species, with high purity and low color ideal for cosmetic use. COSMOS approved and NATRUE approved. Sold to cosmetic manufacturers as a natural active ingredient.
• Hydra-Leen 8 Lavender Bio (Stabilized Hydrolat line) Natural fragrance and skin toner capturing fresh herbaceous scent of Lavender from French Provence. Contains traditionally produced organic floral water stabilized with bio-based Caprylyl Glycol. Up to three years shelf life; COSMOS certified and NATRUE approved. Part of the Hydra-Leen stabilized hydrolat line, which also includes Rose Bio, Camomile Bio, and Neroli Bio variants. Sold to cosmetic manufacturers.
• Viridisol F (Bio-based Tetrahydrofuran) Bio-based THF (tetrahydrofuran) solvent made from renewable chemicals. Widely used aprotic solvent for Grignard and organometallic reactions, and for polymers in adhesives and coatings. Reduces carbon footprint to one third compared to fossil-based tetrahydrofuran. Sold to industrial customers in pharmaceuticals, agrochemicals, electronics, and specialty chemicals.
• Viridisol T (Bio-based Tetrahydrofurfuryl alcohol) Bio-based water-miscible solvent (tetrahydrofurfuryl alcohol) with low odor, vapor pressure, and evaporation rate. Very biodegradable, EPA approved for pre and post-harvest applications, FEMA GRAS, and non-HAP. Used in agricultural, cleaning, coating, paint formulations, and electronics cleaning applications. Sold to industrial customers.
• Viridisol M (Bio-based 2-Methyltetrahydrofuran) Bio-based solvent (2-methyltetrahydrofuran) and excellent replacement for THF in Grignard and organometallic reactions. Limited miscibility with water facilitates easy product recovery. ICH Q3C (R9) Class 3 classified for pharmaceutical Active Pharmaceutical Ingredients; COSMOS approved for cosmetic ingredients and Ecocert approved for detergency. Sold to pharmaceutical, agrochemical, and cosmetic manufacturers.
• Furan (Specialty Chemical Intermediate) Specialty chemical intermediate possessing a unique structure suitable for numerous synthetic transformations. Reacts with electrophiles to generate 2-substituted furan derivatives. Key raw material for industrial production of Beta-Carotene and used in Diels-Alder reactions for smart coatings. Sold to industrial buyers in pharmaceuticals, agrochemicals, and electronics.
• Ethyltetrahydrofurfyl ether (ETE) Styrene Butadiene Rubber polymerisation modifier for solution process (SSBR process). Improves 1,2-vinyl and styren content of polymer for rolling resistance mechanical properties improvement. Improves compatibility with silica reinforcing fillers used in tyre tread compounds. Sold to rubber and tire manufacturers.
• Ditetrahydrofurylpropane (DTHFP) Styrene Butadiene Rubber polymerisation modifier for SSBR process. Allows control of polymer microstructure for rolling resistance mechanical properties improvement; higher styren content increases traction when used in tyre tread compounds. Sold to rubber and tire manufacturers.
• Process Development Services Comprehensive R&D service including custom process development, upscaling, and commercial scale production, plus application advice. Services include development of new molecules, full analytical support, catalyst screening, process optimization, and technology development. Provided to enterprise customers seeking bespoke chemical solutions alongside product sales.
• Analytical & Regulatory Support Services In-house capabilities for method development, validation, and compliance support. Services include analytical method development and validation, impurity profiling and trace analysis, stability studies, and documentation aligned with REACH and international regulatory expectations. Sold to enterprise customers alongside product sales.

Quantifiable outcome

• EcoVadis Platinum — top 1% of companies globally for sustainability performance (2024, 2025)
• +3 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• Add Value AgenciesminorChannel Partner/ Reseller/ Distributor · 27 January 2026Add Value Agencies represents Minasolve at HPCI INDIA 2026, serving as a distribution/channel partner for the Indian market.
• Active-UpminorChannel Partner/ Reseller/ Distributor · 19 November 2025Active-Up partnered with Minasolve at Making Cosmetics Milano 2025, acting as a channel partner for the Italian market.
• AdinaminorChannel Partner/ Reseller/ Distributor · 11 November 2025Adina serves as Minasolve's partner at SCS Formulate 2025, acting as a channel partner for the UK market.
• Pennakem LLCcoreStrategic or Co-development Partner · 6 October 2025Pennakem LLC merged into Minasolve LLC on October 6, 2025, unifying two pioneering brands under the Minafin Group's Green Chemistry Division. This strategic consolidation strengthened the group's commitment to sustainable innovation and combined their strengths in renewable-based specialty chemicals and low carbon footprint processes. The combined entity now operates under two distinct business units: Minasolve Personal Care and Minasolve Specialties.
• SAFIC ALCANminorChannel Partner/ Reseller/ Distributor · 24 September 2025SAFIC ALCAN partnered with Minasolve at the 12th HPCI Central and Eastern Europe event in Warsaw, serving as a channel partner for the Central and Eastern European market.
• GREEN LABcoreStrategic or Co-development Partner · 4 September 2023GREEN LAB partnered with Minasolve and Avignon University to develop the patent-pending Flora-Leen Cistus extraction process. GREEN LAB contributed proprietary extraction technologies that minimize waste and energy consumption, ensuring a reduced carbon footprint throughout production.
• Avignon UniversitycoreStrategic or Co-development Partner · 4 September 2023Avignon University collaborated with Minasolve and GREEN LAB on the patent-pending Flora-Leen Cistus extraction process, contributing academic research capabilities to the development of new proprietary technologies for sustainable cosmetic ingredient extraction.
• GeTeCeminorChannel Partner/ Reseller/ Distributor · 1 June 2023GeTeCe partnered with Minasolve at In-Cosmetics Asia in Bangkok, serving as a channel partner for the Asian market.
• Weidmann GroupcoreStrategic or Co-development PartnerMinasolve developed A-Sensofeel MFC in collaboration with the Swiss Weidmann Group, starting from sustainably sourced European hardwood. The green manufacturing process preserves the natural ratio of cellulose and hemicellulose. This collaboration won the Green Ingredients Awards Silver in 2023.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Inolex: Inolex is a US-based specialty ingredient company focused on sustainable, naturally-derived cosmetic and personal care ingredients. It is a direct peer to Minasolve Personal Care, competing in the same bio-based multifunctional ingredients category with comparable patents and clean-beauty positioning.
• Provital Group: Provital Group is a Spanish specialty ingredient company producing natural active ingredients for cosmetics from plant, marine, and biotech sources. It is a direct peer to Minasolve's botanical active ingredient range, addressing similar formulation needs for anti-aging, soothing, and antioxidant claims.
• Greentech Group: Greentech is a French producer of botanical active ingredients for cosmetics, pharmaceuticals, and nutraceuticals. It is a direct peer to Minasolve's Flora-Leen Cistus and Resve lines, sourcing plant-based actives with comparable sustainability claims and serving similar cosmetic and personal care formulators.
• Gattefossé: Gattefossé is a French specialty chemical company producing lipid-based excipients, active ingredients, and functional ingredients for cosmetics and pharmaceuticals. It is a direct peer to Minasolve in the multifunctional and bio-based cosmetic ingredient space, with similar emphasis on natural origin and formulation support services.
• Seppic (Air Liquide): Seppic is a specialty ingredient manufacturer for cosmetics, pharmaceuticals, and industrial applications. It is a direct peer to Minasolve Personal Care, offering comparable multifunctional cosmetic ingredients (preservatives, emollients, actives) with similar B2B sales motion and emphasis on natural and sustainable formulations.

Broad incumbents

• Evonik Personal Care: Evonik's Personal Care business supplies specialty ingredients including bio-based emollients, conditioning agents, and active ingredients for cosmetics. It is a broad incumbent peer to Minasolve Personal Care, with comparable categories like alkanediol chemistry but a far broader portfolio and larger scale.
• Givaudan Active Beauty: Givaudan Active Beauty produces cosmetic active ingredients, botanical extracts, and naturals for skin and hair care. It is a broad incumbent peer to Minasolve's Personal Care division, with overlapping botanical actives and fragrance-related ingredient capabilities but much larger scale and broader customer base.
• Clariant Personal Care: Clariant's Personal Care specialty supplies mild surfactants, emollients, and bio-based multifunctional ingredients including alkanediol chemistries. It is a broad incumbent peer to Minasolve Personal Care, with overlapping multifunctional cosmetic ingredient categories and a substantially larger global manufacturing footprint.
• Symrise Cosmetic Ingredients: Symrise's Cosmetic Ingredients division supplies active ingredients, botanical extracts, and functional ingredients to global personal care brands. It is a broad incumbent peer to Minasolve Personal Care, with overlapping botanical actives and multifunctional ingredient categories though at significantly greater scale.
• BASF Personal Care (Care Creations): BASF's Care Creations division is one of the largest global suppliers of personal care ingredients including cosmetic actives, UV filters, emollients, and bio-based intermediates. It is a broad incumbent peer to Minasolve, with a much wider portfolio and global footprint that overlaps Minasolve's cosmetic ingredient offering.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@Minasolve
• LinkedInlinkedin.com/company/minasolve

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

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 Minasolve