Two companies buy into personal care | Chemical & Engineering News
Volume 94 Issue 16 | p. 14 | Concentrates
Issue Date: April 18, 2016

Two companies buy into personal care

Department: Business
Keywords: biotechnology, personal care, active ingredients, cosmetics

Specialty chemical makers Evonik Industries and Clariant are expanding their cosmetic active ingredient portfolios. Evonik has purchased Alkion Biopharma, an Imperial College London spin-off now located in Évry, France. Alkion obtains extracts from plant biomass cultivated in a lab. Clariant signed an agreement to acquire a 17% stake in BioSpectrum of South Korea. The family-owned firm makes cosmetic ingredients based on renewable raw materials.

 
Chemical & Engineering News
ISSN 0009-2347
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