AFYREN Adds New Hires to Support Growth in France and Expansion Abroad
10 January 2023 - 5:45PM
Business Wire
- Senior management is strengthened with three strategic
appointments
- Additional recruitment will support industrial growth and
the R&D strategy for bio-based, low-carbon solutions
Regulatory News:
AFYREN (Paris:ALAFY), a
greentech company that offers manufacturers low-carbon, bio-based
products through its unique fermentation technology based on a
completely circular model, announced the appointment of three new
members to its management team as well as new hires to support its
development in France and abroad and to step up its R&D
activities.
Three strategic appointments
Ursula Feulner - Director for Industrial Project
Management
Ursula joins AFYREN's operations team and will lead the upstream
phases of industrial projects, including the construction of new
plants. AFYREN benefits from her long experience with the SUEZ
Group, where she had various roles closely related to the
management of industrial projects in Europe, North America, the
Middle East and Asia, and worked in risk management for a number of
strategic projects.
Lea Bassegoda - Human Resources Director
Lea joins AFYREN to supervise the expansion of its teams. After
several years in France and the United States with LVMH and then
Danone, she will use her skills and solid experience to build a
global Human Resources policy within the group and to structure the
organization in line with the company's culture and strong
values.
Christophe Dardel - Strategic Partnerships Director
Christophe has come onboard to identify and lay the groundwork
for future international factory projects and related strategic
partnerships. He has long and solid international experience
acquired at several companies, and in particular with Royal DSM for
more than 15 years. As a former member of the Executive Committee,
Christophe was in charge of the development of the DSM Dyneema
unit, which experienced strong organic growth through the
establishment of several factories and key partnerships around the
world.
An active recruitment policy in support of industrial
expansion and a reinforced R&D strategy
In 2022, more than 10 new employees, with complementary profiles
and skills, joined AFYREN to support the company’s industrial
development in France and abroad.
The new hires, notably for the R&D team, reflect AFYREN's
desire to continuously develop and optimize the best sustainable
solutions for its customers and partners.
New employees are also being recruited in engineering and
project management to support the existing operational teams and to
prepare for AFYREN’s international expansion, including the design
of future plants. Employees are also being added to the regulatory,
administrative and financial teams to ensure compliance and the
operational quality of AFYREN’s products and processes.
The AFYREN group now has more than 100 employees, 60 of whom
work at the AFYREN NEOXY factory in Carling Saint-Avold in the
Grand Est region of France, with nearly 45 at the Lyon and
Clermont-Ferrand sites, half of whom are entirely dedicated to
Research & Development activities.
About AFYREN
Founded in 2012 to respond to industry’s growing need to reduce
the use of petroleum derivatives as ingredients, AFYREN produces
biomolecules from the reuse of non-food biomass. AFYREN’s
production replicates the properties of equivalent petroleum-based
molecules that are widely used in human and animal nutrition,
cosmetics, flavors and fragrances and fine chemicals. By offering
natural alternatives to these strategic markets, AFYREN is engaged
in a low-carbon economy and proposes a truly circular approach,
with the use of local biomass and the choice of strategic locations
as close as possible to its customers. Resulting from 10 years of
research, AFYREN's disruptive innovation won the 2030 Global
Innovation Contest in the "Plant proteins and plant chemistry"
category and was selected in the French Tech 120 in 2020 and 2021.
In 2018, AFYREN committed to its industrial project by creating the
AFYREN NEOXY joint venture with Bpifrance’s SPI fund. AFYREN NEOXY
is dedicated to the first industrial production of AFYREN natural
organic acids in the Grand Est region. In 2022, the AFYREN NEOXY
factory opened its doors in 2022. AFYREN and AFYREN NEOXY now
employ nearly 100 people at their sites in Lyon, Clermont-Ferrand
and Carling Saint-Avold.
In 2021, AFYREN listed on Euronext Growth® exchange in Paris,
raising a total amount of 70.4 million euros with the objective of
accelerating its industrial development (ISIN code: FR0014005AC9,
ticker: ALAFY).
Find out more on AFYREN.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230109005667/en/
AFYREN Communication Caroline Petigny
contact@afyren.com
Investor Relations Mark Reinhard
investisseurs@afyren.com
NewCap Investor Relations Théo Martin / Mathilde
Bohin Tel: +33 1 44 71 94 94 afyren@newcap.eu
Bogert-Magnier Communications Press relations James
Connell Tel: +33 6 2152 1755 jim@bogert-magnier.com
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