Inception of Minafin and subsidiary Minakem as a service business for the users of fine chemicals (Belgium/France)
The foundation stone of the Minafin Group is laid by the launch of consulting services for financial investors in fine chemistry.
Industrial launch of Minakem (France)
Minakem acquired SEAC’s assets with a core business in the chemicals for the drugs under clinical testing.
Minakem establishes Minakem Americas in the United States for supporting the North-American pharma customers and the development of Minakem’s sales within this territory.
Foundation of Minascent (Germany)
Chemtec Leuna was acquired from SI Group in order to strengthen Minakem’s industrial assets and know-how. Since 2015, it has become Minascent Technologies to develop non-pharma chemical business and to support Pennakem and Pressure Chemical’s businesses that need to be deployed in Europe.
Foundation of Pennakem (USA)
Minafin acquired Penn Specialty’s assets to create Pennakem as its gateway to the sustainable (green) chemistry. Pennakem’s historical business has been the production of molecules derived from the Furfural extracted form sugarcane bagasse or corn cobs.
Integration of the Dunkirk site (France)
Together with a portfolio of generic APIs, Minakem acquired the Dunkirk site from AstraZeneca as a state-of-the-art manufacturing asset for commercial APIs.
Launch of Minasolve (France & Belgium)
Founded in 2007, Minasolve was dedicated to the trading of chemical intermediates until it was repositioned in 2010 as a supplier of ingredients for the cosmetic and personal care market focused on innovative alternative preservative solutions and sustainability. Quickly, Minasolve introduced A-Leen 5 (formerly called Pentiol Green+, a unique bio-based version of Pentylene Glycol which moisturizes skin and displays preservative properties. This innovation has been recognized by getting the “Silver Green Ingredient Award” during In Cosmetics 2014, Hamburg.
Integration of Pressure Chemical (USA)
Pressure Chemical is a specialty contract manufacturing company that provides the chemical industry with scale-up services from lab to pilot plant as well as a variety of low-volume high-value toll manufacturing support. For almost fifty years, Pressure Chemical has been known for its expertise in delicate process scaling-up, high-pressure chemistry, and niche polymers.
Integration of the Louvain-la-Neuve site (Belgium)
In 2015 Minafin acquired Ajinomoto Omnichem’s business and site in order to expand Minakem’s expertise and offer range into high-potency active pharmaceutical ingredients (HPAPIs) and develop pharma productions that require high-level containment facilities.
Creation of ecoXtract. This internal start-up has been implemented to develop green and safer extraction processes as an alternative to the petrochemical solvents in leveraging Pennakem’s portfolio of sustainable chemicals
Creation of Minagro. This internal start-up has been implemented to develop alternative green chemicals for organic farming.