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Well yes, it appears you can!

INCI Nomenclature: Lactobacillus & Cocos Nucifera (Coconut) Fruit Extract

When I first saw that we were to stock a coconut derived preservative I was a little skeptical to be honest. Mostly because I saw the recommended use levels were 2-4% and because that with the per Kg price point would mean this is the most expensive preservative we'd be stocking. But then I had a closer look.