- Business
- XP Chemistries AB (publ) XP Chemistries AB (publ) (XPC.ST), a Sweden-based biotechnology company founded in 2018 and headquartered in Sundsvall, develops and produces sustainable, forest-based capsaicin and analogues using patented, eco-friendly catalytic processes from renewable biomass; it offers animal feed ingredients to reduce antibiotic use, personal care and cosmetic ingredients, pure capsaicinoids for life sciences and dietary supplements including the Precise HEAT brand, and self-defense spray ingredients, with operations spanning Europe and North America targeting animal farming, pharmaceuticals, cosmetics, and industrial applications. The company holds a comprehensive international patent portfolio for nature-inspired technologies aimed at UN sustainable development goals, such as green pharmaceutical intermediates and accessible natural flavors. Recent developments include receiving product orders such as SEK 220,000 in value and for Precise HEAT, narrowing operating losses in Q2 and Q3 2025 to SEK 2.1-2.2 million, ensuring full utilization of TO2 subscription options via bonds and guarantees, appointing Anders Frejdh as returning CFO and Patrik Fagerholm previously, insider purchases by CEO Erik Nelsson, and submitting capsaicin information for EFSA animal feed approval, alongside regular interim reports like the January-September 2025 release.