14 Jun 2013

Premium Beauty News: Olvea joins UEBT

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Olvea Burkina Faso, a subsidiary of the Olvea Vegetable Oils group, a French supplier of vegetable oils for the cosmetic, pharmaceutical and food industries (140 employees worldwide and generates a sales turnover of 65 millions euros, 70% of export), is now a member of the Union for the Ethical BioTrade (UEBT), a non-profit association that promotes the “Sourcing with Respect” of ingredients that come from biodiversity.

In becoming a member of UEBT, Olvea Burkina Faso commits to the principles of Ethical BioTrade: ensuring that sourcing practices promote the conservation of biodiversity, respect traditional knowledge and assure the equitable sharing of benefits all along the supply chain,” says the company in a release.

Read the whole article here. 

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