Study naturex

Naturex specializes in the production of natural extracts for flavors, colors, and preservatives. The extracts are used in the production of food, beverages, pharmaceuticals and cosmetics. The company has Strategy and products
Naturex operates 16 production sites worldwide. The company obtains Innovator category
Sust. contribution
extracts from approximately 500 different plants and processes the dried essences into natural colors, flavors, or preservatives. The raw Biodiversity
materials either stem from local or regional cooperatives, or they are Food/consumption
provided by the respective producers as prefabricated extracts (e.g. for paprika powder, ginseng, green tea). High quality and the traceability of the commodities thereby are vital. Naturex does not use raw materials stemming from genetical y modified plants. All production Geographic distribution of sales
sites have been certified according to ISO 9000. Quality controls are rigorous. Naturex is a major supplier to producers of organic food. 4 out of the 16 production sites have been certified according to the European and the US standards for organic products. The company does not publish the turnover generated with producers of organic food. Natural ingredients are becoming more and more important. Authorities and consumer organizations increasingly demand that producers of food (and also of cosmetics) use natural ingredients. For instance, several non-organic food dyes are suspected to promote hyperactivity in children. As a result, in 2008 the European Parliament ruled that food Distribution of sales by business segment
producers had to declare the use of such dyes on the food packaging. Naturex has implemented an environmental management system in al production sites, two of which have been certified according to ISO 14001. Zürcher Kantonalbank Sustainability Research (Asset Management) P.O. Box, 8010 Zürich Disclaimer
This Publication is for information purposes only and does not explicitly target any person who by domicile or nationality is prohibited to receive such information according to applicable law. This document was produced by Zürcher Kantonalbank applying highest diligence standards in good faith. ZKB does not warrant any guarantee with regard to correctness and completeness and waives any claim for losses that may occur through the use of this information. This Publication is neither an offer nor a recommendation for the purchase or sale of financial products or financials services and does not discharge the recipient from his own judgement. Particularly, ZKB recommends that the recipient, if need be by consulting professional guidance, assess the information in consideration of his personal situation with regard to legal, regulatory and tax consequences that might be invoked. The present document is not the result of the department “financial analysis” as defined in the rules of the “Directives on the Independence of Financial Research” edited by the Swiss Bankers Association, hence these rules do not apply to this document. This document is for distribution and / or redistribution only to persons who (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the "Financial Promotion Order"), (ii) are persons falling within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc") of the Financial Promotion Order, (iii) are outside the United Kingdom, or (iv) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as "relevant persons"). This document is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this document relates is available only to relevant persons and will be engaged in only with relevant persons. This ublication and the information contained in it must not be distributed and / or redistributed to, used or relied upon by, any person (whether individual or entity) who may be a US person under Regulation S under the US Securities Act of 1933. US persons include any US resident; any corporation, company, partnership or other entity organized under the any law of the United States; and other categories set out in Regulation S. This document does not constitute an offer to sell or a solicitation or invitation is to subscribe for or to make an offer to buy any securities, nor does it provide a basis for any contract or obligation of any kind. This document is not a prospectus within the meaning of article 652a or 1156 the Swiss Code of Obligations or Article 27 of the listing rules of SIX Swiss Exchange AG. Disclaimer Copyright 2012 Zürcher Kantonalbank. All rights reserved. Zürcher Kantonalbank Sustainability Research (Asset Management) P.O. Box, 8010 Zürich


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