Agronomics Limited's Clean Food Group Secures Regulatory Approval for CLEAN Oil™ 25 in UK, Europe, and US Cosmetics Market
Reuters
Sep 12
Agronomics Limited's Clean Food Group Secures Regulatory Approval for CLEAN Oil™ 25 in UK, Europe, and US Cosmetics Market
Agronomics Limited, a leader in clean food technology, has announced that its portfolio company, Clean Food Group Limited $(CFG)$, has received regulatory approval for its CLEAN Oil™ 25 product to be used as a cosmetic ingredient in the United Kingdom, Europe, and the United States. This approval represents a significant milestone for CFG, enabling the commercialization of its CLEAN OilCell™ technology platform and entry into the high-value global personal care and cosmetics sector, which is projected to grow significantly by 2030. The approval paves the way for the development of sustainable beauty products, offering a biotech-led alternative to palm oil, thus addressing environmental concerns and supply chain challenges in the cosmetics industry.
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