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07.12.2018EuropaBio awarded Phytowelt as “Most innovative EU Biotech SME” in the field of Agricultural / Green Biotechnology
Phytowelt GreenTechnologies was honoured by EuropaBio with this year's "Most Innovative European Biotech SME Award" in the category Ag-Biotech.

“Phytowelt GreenTechnologies’ creative innovation is enabling the company to produce and commercialise a high quality product, which is increasingly in demand, whilst using less resources, land and energy.” stated Joanna Dupont-Inglis, Secretary General of EuropaBio. EuropaBio’s unique annual initiative recognises the achievements of small but dynamic, organisations, and the crucial role they play in answering some of society’s greatest challenges. At the 9th edition of the award ceremony in Brussels, on the evening of December 3, Member of the European Parliament Dr. Paul Rübig handed over the award to Phytowelt's CEO Dr. Peter Welters. The jury, consisting of scientists, industry experts and EU parliamentarians, honoured Phytowelt with the first price for its holistic approach, in which energy crops are optimized through innovative plant breeding in order to produce valuable fine chemicals on their basis. Such a flagship product is the highly pure raspberry aroma R-alpha-ionone, which Phytowelt produces in a bio-fermenter under low energy consumption. In this way, a valuable and natural ingredient for the cosmetics and food industries is produced without creating conflicts with food security.

”I was surprised and really proud when we were announced as the winner at the award presentation. I am especially pleased that our company, which has been in business for 20 years, was proclaimed as the “Most innovative SME in the agricultural biotechnology category despite 40 other much younger competitors. It demonstrates that we are able to stay at the forefront of development in the bioeconomy sector” said Dr. Peter Welters, CEO of Phytowelt GreenTechnologies GmbH, founded in 1998.