OmniActive Expands Global Reach Into Key Markets, Announces Strategic Alliance with JXTG Nippon Oil & Energy
Morristown, N.J., October 1, 2019 – OmniActive Health Technologies is pleased to announce a global strategic alliance with JXTG Nippon Oil & Energy, to jointly develop and commercialize unique, branded carotenoid compositions, delivering powerful antioxidants for human health benefits including eye, skin, and cognition. This is a significant development under ACCELA, OmniActive’s global partnering platform for open innovation.
Having made names for themselves supplying world-class products and solutions to the natural products market, both companies will further solidify their strengths and mobilize their capabilities through this partnership. JXTG’s High Performance Materials Company has made significant investments on IP-backed breakthroughs in developing non-GMO sources, including microorganisms to produce highly purified forms of different nutrients, for human and animal health, while leveraging sustainable and energy-efficient fermentation technologies.
“We are delighted to bring innovative, high-performance materials in partnership with OmniActive,” said Akinari Nakazawa, General Manager, HPM Business Planning Dept, JXTG. “OmniActive’s strong market insights and customer relationships along with their science-driven approach and well-recognized technology platforms provide a strong entry to our nutritional products into the global market.”
OmniActive will support this partnership through their technology platforms including OmniBead™ and UltraSOL™ to develop proprietary, scientifically backed delivery forms for use in different applications including tablets, capsules, gummies, liquid and powder mixes as well as other formats.
“In recent years, we have been expanding our partnership with some of the most creative and innovative companies in the industry to bring breakthrough ideas in nutritional supplementation to a larger global platform,” said Abhijit Bhattacharya, President, OmniActive Health Technologies, Ltd. “JXTG’s strong track record of leadership in the field of energy, and the impressive work done on their fermentation platforms for nutrition provides us with a unique opportunity to provide a wide range of solutions for our customers.”
Attendees of SupplySide West 2019 are invited to come to OmniActive booth #5059 and JXTG/OmniActive booth # 7161/7161(A) to discuss how this alliance can help them build stronger brands. For media opportunities, please contact Becky Wright at email@example.com and for more information on OmniActive’s many health focused solutions and services, please contact Sara Zoet at firstname.lastname@example.org.
About JXTG Nippon Oil & Energy:
JXTG is Japan’s largest integrated energy corporation, working with conventional energy forms like petroleum, natural gas and coal and unconventional energy forms such as hydrogen for fuel cell vehicles. JXTG’s High Performance Materials Company works on innovative industrial solutions using specialized products based on carbon materials, highly heat resistant compounds, elastomers, micro-nano materials for industrial use and biotechnology-based materials for industrial, feed and human consumption. JXTG’s work on fermentation has been commercialized in international markets in the form of astaxanthin-containing Panaferd-AX, a natural pigment used in the aquaculture industry. JXTG has launched biotechnology-based materials for supplements to bring heathy active aging at any age from natural sources.
About OmniActive Health Technologies
OmniActive Health Technologies offers a wide range of premium, scientifically-validated, branded ingredients to address complex challenges for customers in the dietary supplement and functional food and beverage space. Bringing added value to the global natural products industry for 15 years, OmniActive focuses on healthy living as well as healthy aging through IP-protected, science-backed nutritional innovations and solutions as well as specialty botanicals and extracts from natural sources.
ACCELA™ is OmniActive’s global platform for open innovation, which builds long-term partnerships based on key areas such as sustainable practices, new product and nutrition solutions from natural plant and/or biotech sources and novel technologies for extraction, delivery, application and formulation of dietary supplements.