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Specialty Chemicals

Givaudan acquires Amyris ingredient line

by Michael McCoy
March 4, 2023 | A version of this story appeared in Volume 101, Issue 8

 

The flavor and fragrance firm Givaudan has acquired a family of biobased cosmetic ingredients from the fermentation specialist Amyris for an undisclosed sum. The ingredients, which include squalane and hemisqualane, have annual sales of about $30 million. Amyris, which opened a fermentation facility in Barra Bonita, Brazil, last year, will manufacture the products for the Swiss company. The California-based firm says the deal will help it reach operating profitability.

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