Based in Lithuania, the SME is expanding its business adding a new specialization to their profile - production of dry plant and fruit extracts using supercritical carbon dioxide method. The company is looking for a technology and/or equipment company, for a collaboration opportunity under the commercial with technical assistance, joint venture agreement or service agreement.
Lithuanian SME is looking producing plant extracts is looking for the opportunity to diversify and expand their business portfolio by offering a new product for food, medicine and animal feed producers. The company is planning to produce dry milled plant and fruit powder and currently seeking a supercritical fluid extraction technology-enabled device. This method allows a 100% natural extract production. The extraction proceeds in low temperatures as allowing final product be free of heavy metals, preservatives or solvents. As a result, this process enables a production of microbiologically clean plant extracts.
Plant and fruit extracts produced using supercritical carbon dioxide can later be used as a material for cosmetics, food and animal feed products. The enterprise is looking for a company, producing such machinery or offering production services to SMEs. The Lithuanian company ideally is looking for a commercial agreement, however, they would consider joint venture or service agreement to set up a partnership.
- Type of partner sought: Supercritical 5L COČ Extractor System with a 5 to 12 liter extraction vessel. System also need to have an additional drying chamber, where it would produce dry powder material from the extract fluid.
- Specific area of activity of the partner: The Lithuanian company ideally is looking for a commercial agreement with technical assistance, where a partner would supply the machinery and ensure its technical maintenance. However other alternative agreements such as joint venture or service agreement would also be considered providing they would show a significant advantage.
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