Kiwi companies using extract from totara trees see sales boom

Kiwi companies using extract from totara trees see sales boom
Fiona Rotherham
By Fiona Rotherham Jan. 20 (BusinessDesk) - Kiwi companies making products, including toothpaste, that contain an extract from totara trees are riding a wave of global demand for natural healthcare. Wairarapa-based Mende Biotech has spent around 17 years and $3 million developing a process to extract the antimicrobial chemical compound found in totara trees that makes the wood resistant to rotting. The company supplies the commodity, which sells for around $1,350 a kilogram, as an ingredient in products ranging from toothpaste to anti-...