The story of Blue Sky Natural Resources starts in April 2016 when Matteo Turi, a long-term friend of the IBA, founded the company. The aim was to create an innovative method of profiting from Natural Resources thanks to his network in clean technology (i.e. solar, wind, waste to energy).
The goal was to create a World in which the Economy and Nature respect each other and can profit from each other.
In December 2017 the first partnership is signed – with a food manufacturing giant, Conserve Italia, producer of tomato sauces (the brands Cirio and Valfrutta). The deal is to treat 6 million kilos of tomato skin waste to extract lycopene which is a major commodity in pharmaceutical and cosmetic products. The deal saw Conserve Italia committing to an 18 million Euro investment.
But what is it so unique about Blue Sky’s technology?
The number of vegetable waste that can be treated is endless. The technology of the company completely eliminates any chemical solvent from the finished products in the cosmetic and pharmaceutical industry and this is unique in the World for so many vegetable matrices.
So what did their scientific partners do over the last 24 years? They extracted high value commodities from tomato skin, grape waste, olive waste, almond, nuts, soya, oranges, lemon, citrus, rice. The plant being extracted are vanilla, turmeric, propolis, echinacea, lavender, Damask rose, rosemary, cannabis, serenoa, micro-algae, fish oil, basil, thyme, cocoa, coffee, amaranth.
Bulgaria is the World top producer in Damask rose and lavender. Hence it was no surprise that, when they inveted in the Investment Committee Miroslav Bogdantsaliev – successful entrepreneur in the UK and Managing Director of the IBA.Bulgaria, they were very committed to open a campus in Bulgaria with a local entrepreneur.
How can Blue Sky Natural Resources make a positive difference to the local business in Bulgaria?
- 2 industrial areas to transform Damask rose into rose oil for the cosmetic and pharmaceutical industry and to transform lavender into lavender oil for the cosmetic and pharmaceutical industry;
- A campus for the cultivation of medical cannabis (as soon as it is legal);
- A campus and scientific laboratory to manufacture cosmetic and pharmaceutical products for the consumers throughout Europe;
- They would like to involve Bulgarian Universities in the projects;
- The company could import vanilla from Africa to be treated in Bulgaria;
- All jobs for the Bulgarian entities will be based in Bulgaria.
They expect the medical cannabis and Damask rose alone to produce the output in Bulgaria exceeding 1 billion Euros at full maturity.
The company wishes to meet the infinite diversity of beauty needs and desires all over the world through their innovative science.
How can you profit from Natural Resources?
Blue Sky is open to the investment world and has a special deal for Bulgarian investors who would like to join other 253 investors. You can announce your interest in the Opportunity in our IBA.Bulgaria platform or check out the full details of the investment in the official brochure.
Invest in your greener and better tomorrow!