Botaneco Announces Distribution Agreement with Dinaco SA
February 09 2012 - 8:00AM
PR Newswire (Canada)
Expands personal care products into strategic Brazilian market
QUEBEC CITY, QC, Feb. 9, 2012 /CNW/ - Botaneco Corp. ("Botaneco" or
the "Corporation") , a health science company focused on natural
ingredients, today announces that it has signed a distribution
agreement with Brazilian company Dinaco SA. In business for
more than 70 years, Dinaco SA represents approximately 15 of the
world's most important manufacturers, supplying products and
material in multiple segments including those for the cosmetic
industry. "The Brazilian cosmetics and personal care industry
registered impressive sales worth US$16.5 billion in 2010 and
continues to grow due to the improved purchasing power and rising
product ingredient awareness of the Brazilian market." stated Mr.
Tony Abboud Director, Sales Marketing at Botaneco. "As Botaneco
starts to expand its distribution network for personal care
products into Latin America, gaining access to the Brazilian
cosmetics market is key." The cosmetic market is increasingly
adopting a 'natural and organic' philosophy and Botaneco has the
patented technology to transform the way personal care products are
formulated for five primary reasons: natural 'green' technology;
improved safety; increased effectiveness; sustainability and
enhanced versatility. Consumers of personal care
products are becoming increasingly aware of petroleum-based
chemicals found in shampoos, sunscreens, moisturizers, baby care
and related products. What truly separates Botaneco from all
other players in the 'natural and organic' personal care market is
that the Company's technology improves the performance of these
products while simultaneously improving their safety. "Working with
the Botaneco products is exciting." stated Leonardo Dobbin,
Commercial Director at Dinaco SA. "The biggest customers in Brazil
are amazed by this revolutionary technology. It's easy to
work with the Botaneco products because they open doors". In
addition to expanding into Latin America, Botaneco continues to
grow its global reach both through its successful partnership with
SEPPIC in Europe, and also through signing letters of intent with
companies in India, Australia and New Zealand in an effort to
evaluate new distributors in these territories. About Botaneco
Corp. Botaneco Corp. specializes in personal care, food and
nutraceutical ingredients. We are committed to developing
groundbreaking ingredients based on our patented technologies, and
offering multifunctional, tangible and documented benefits to
formulators and consumers alike. Botaneco is a global
developer and marketer of innovative technologies that help
manufacturers meet the consumers growing demand for natural,
environmentally friendly, personal healthcare products. A
competitive advantage to Botaneco's patented technology over
traditional products in the 'green sector' is the ability to
significantly enhance the performance and versatility of these skin
and hair care products. The company has also been awarded the
Canadian Agri-Food Award of Excellence for its flaxseed technology
marketed in the natural food industry. Botaneco holds patents
for its Hydresia((R)) Oleosome, Vegetable Oil Gel, Dermylex((R))
Whey Protein and Flaxseed Dehulling technology. Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Botaneco Corp. CONTACT: Murray Bruce Chief Financial Officer
Botaneco Corp.(403) 668-4612brucem@botaneco.caKevin Richardson, PhD
Investor Relations(204)
899-3868kevin@bridge-relations.comwww.bridge-relations.com
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