Our Ambition

EcoXtract is dedicated to developing and manufacturing healthy, biobased extraction solutions that benefit producers, consumers, and the planet.

We’re proud to provide the pharmaceutical, cosmetics and (soon) food and feed industries with effective and eco-friendly alternatives to petroleum-based extraction methods.

Who we are

EcoXtract®, a brand of Pennakem, subsidiary of the Minafin Group, a privately owned Belgian company that is specialized in fine chemistry for the life science and technology industries.

Founded in 2004, Minafin currently employs 860 staff throughout six manufacturing sites in the US, France, Germany, and Belgium. It generated over €192M ($215M) in revenue in 2018.

Its activities include renewable chemistry, industrial subcontracting, the development of chemical syntheses and scale-up of custom-made processes, as well as proprietary products for the pharmaceutical, cosmetic, agriculture and tech industries.