- Email: [email protected]
Henkel reports profitable growth for household and beauty units in FY 2015
FOCUS projected in Japan considering its economy's slow growth. All ingredient groups are projected to increase, with UV absorbers heading the market due to expanding applications in daily-use products. Original Source: HPC, Household and Personal Care Today, Jan-Feb 2016, 11 (1), 42-44 (Website: http://hpc-today.teknoscienze.com) © Teknoscienze Srl 2016
COMPANY RESULTS Henkel reports profitable growth for household and beauty units in FY 2015 In 2015, the Laundry & Home Care business unit of Henkel successfully continued its profitable growth path of previous years. Sales grew organically by 4.9% year on year, significantly outperforming the relevant markets. Nominally, sales increased by 11.0% to €5137 M, exceeding the €5 bn mark for the first time. With a very strong increase, emerging markets were once again the major driver of organic sales growth in 2015. Eastern Europe, Latin America and Asia (excluding Japan) each recorded very strong increases. The Africa/Middle East region also achieved very strong growth. Compared to 2014, however, growth slowed due to the difficult market conditions prevailing. Performance in mature markets was positive. North America achieved a solid increase in sales, while sales growth in Western Europe was positive. Adjusted operating profit increased significantly, by 17.4% to €879 M. Reported operating profit rose by 27.8% from €615 M to €786 M. Henkel's Beauty Care business unit also extended the profitable growth of previous years in FY 2015. At 2.1%, organic sales growth was once again above that of the relevant markets. Nominally, sales rose by 8.1% to €3833 M. From a regional perspective, business performance was very strong in the emerging markets. The emerging markets of Asia (excluding Japan) in particular posted very strong growth as a result of the successful expansion of business in China. Latin America recorded double-digit sales growth. In the Africa/Middle East region, the business unit extended its successful development of previous years,
May 2016
ON
S U R FAC TA N T S
recording a solid growth rate. Strong growth was achieved in Eastern Europe. Adjusted operating profit increased by 12.2% versus 2014, to €610 M, the business unit's highest result in date. Reported operating profit rose by 33.3% to €561 M. The company as a whole achieved total sales of €18.1 bn in FY 2015, significantly above the 2014 level. The development of currencies had a positive impact on sales of 4.4%. The positive effect from acquisitions/ divestments amounted to 2.7%. Organic sales, which exclude these impacts, showed a solid increase of 3%. Henkel's reported operating profit (EBIT) amounted to €2645 M in FY 2015 compared to €2244 M in 2014, while reported net income rose by 18.4% year on year, from €1662 M to €1968 M. Original Source: Henkel AG & Co KGaA, 25 Feb 2016 (Website: http://www.henkel.com) © Henkel AG & Co KGaA 2016
COMPANY NEWS Solazyme reveals new identity TerraVia with high focus on algae innovation platform Solazyme will in future focus exclusively on food, nutrition and speciality ingredients, harnessing the power of its transformational algae innovation platform. It will be renamed TerraVia to reflect the refined focus. TerraVia's proven portfolio of ingredients and products includes speciality food ingredients, consumer food products, animal nutrition ingredients and speciality personal care ingredients (eg AlgaPur oils). The company has entered into a definitive purchase agreement for a strategic financing round of approximately $28 M in newly issued, no-coupon convertible preferred shares with a conversion price of $2.00/common share, which represents an approximately 25% premium over the 15-day trading average of Solazyme's common stock. The investment was funded by a group of leading investors and entrepreneurs in food, nutrition and innovation. Original Source: Solazyme, 2016. Found on SpecialChem Cosmetics and Personal Care Innovation and Solutions, 14 Mar 2016, (Website: http://www.specialchem4cosmetics. com)
Asahi Kasei establishes Dusseldorf base to further expand European business Asahi Kasei has established Asahi Kasei Europe GmbH in Dusseldorf, Germany, as a base to further expand its business in Europe, beginning 1 Apr 2016. The new base will become an operating holding company through the absorption of Asahi Kasei Chemicals (whose portfolio includes amino acid surfactants), Asahi Kasei Fibers and Asahi Kasei E-materials. These operations, together with Asahi Kasei Microdevices, form a newly organized Material business sector for Asahi Kasei Group. With integrated marketing in the materials sector in general and the automotive industry in particular, together with R&D and technical support, Asahi Kasei Europe is expected to enhance the group's presence and maximize earnings in the European market. Original Source: PetroChemical News, 14 Mar 2016, 54 (11), 3 (Website: http://www. petrochemical-news.com) © William F. Bland Co 2016
Europe: P&G bottles to use up to 50% recycled material In 2016, Procter & Gamble (P&G) will utilize up to 50% post-consumer recycled content in the manufacturing of about 230,000,000 bottles for its Dash and Ariel laundry detergent and Lenor fabric conditioner brands. Original Source: ICIS Chemical Business, 14-20 Mar 20 (Website http://www.icis.com), © Reed Business Information Limited 2016
BRB & Azelis partner to market personal care silicones into UK and Ireland BRB International BV has announced a strategic partnership agreement with distributor Azelis UK Life Sciences Ltd. Under the agreement, Azelis will exclusively distribute BRB's diverse catalogue of silicone materials into the UK and Ireland for all personal care applications, with immediate effect. Original Source: Azelis, 2016. Found on SpecialChem Cosmetics and Personal Care Innovation and Solutions, 15 Mar 2016, (Website: http://www.specialchem4cosmetics. com)
7
COMPANY RESULTS Henkel reports profitable growth for household and beauty units in FY 2015 In 2015, the Laundry & Home Care business unit of Henkel successfully continued its profitable growth path of previous years. Sales grew organically by 4.9% year on year, significantly outperforming the relevant markets. Nominally, sales increased by 11.0% to €5137 M, exceeding the €5 bn mark for the first time. With a very strong increase, emerging markets were once again the major driver of organic sales growth in 2015. Eastern Europe, Latin America and Asia (excluding Japan) each recorded very strong increases. The Africa/Middle East region also achieved very strong growth. Compared to 2014, however, growth slowed due to the difficult market conditions prevailing. Performance in mature markets was positive. North America achieved a solid increase in sales, while sales growth in Western Europe was positive. Adjusted operating profit increased significantly, by 17.4% to €879 M. Reported operating profit rose by 27.8% from €615 M to €786 M. Henkel's Beauty Care business unit also extended the profitable growth of previous years in FY 2015. At 2.1%, organic sales growth was once again above that of the relevant markets. Nominally, sales rose by 8.1% to €3833 M. From a regional perspective, business performance was very strong in the emerging markets. The emerging markets of Asia (excluding Japan) in particular posted very strong growth as a result of the successful expansion of business in China. Latin America recorded double-digit sales growth. In the Africa/Middle East region, the business unit extended its successful development of previous years,
May 2016
ON
S U R FAC TA N T S
recording a solid growth rate. Strong growth was achieved in Eastern Europe. Adjusted operating profit increased by 12.2% versus 2014, to €610 M, the business unit's highest result in date. Reported operating profit rose by 33.3% to €561 M. The company as a whole achieved total sales of €18.1 bn in FY 2015, significantly above the 2014 level. The development of currencies had a positive impact on sales of 4.4%. The positive effect from acquisitions/ divestments amounted to 2.7%. Organic sales, which exclude these impacts, showed a solid increase of 3%. Henkel's reported operating profit (EBIT) amounted to €2645 M in FY 2015 compared to €2244 M in 2014, while reported net income rose by 18.4% year on year, from €1662 M to €1968 M. Original Source: Henkel AG & Co KGaA, 25 Feb 2016 (Website: http://www.henkel.com) © Henkel AG & Co KGaA 2016
COMPANY NEWS Solazyme reveals new identity TerraVia with high focus on algae innovation platform Solazyme will in future focus exclusively on food, nutrition and speciality ingredients, harnessing the power of its transformational algae innovation platform. It will be renamed TerraVia to reflect the refined focus. TerraVia's proven portfolio of ingredients and products includes speciality food ingredients, consumer food products, animal nutrition ingredients and speciality personal care ingredients (eg AlgaPur oils). The company has entered into a definitive purchase agreement for a strategic financing round of approximately $28 M in newly issued, no-coupon convertible preferred shares with a conversion price of $2.00/common share, which represents an approximately 25% premium over the 15-day trading average of Solazyme's common stock. The investment was funded by a group of leading investors and entrepreneurs in food, nutrition and innovation. Original Source: Solazyme, 2016. Found on SpecialChem Cosmetics and Personal Care Innovation and Solutions, 14 Mar 2016, (Website: http://www.specialchem4cosmetics. com)
Asahi Kasei establishes Dusseldorf base to further expand European business Asahi Kasei has established Asahi Kasei Europe GmbH in Dusseldorf, Germany, as a base to further expand its business in Europe, beginning 1 Apr 2016. The new base will become an operating holding company through the absorption of Asahi Kasei Chemicals (whose portfolio includes amino acid surfactants), Asahi Kasei Fibers and Asahi Kasei E-materials. These operations, together with Asahi Kasei Microdevices, form a newly organized Material business sector for Asahi Kasei Group. With integrated marketing in the materials sector in general and the automotive industry in particular, together with R&D and technical support, Asahi Kasei Europe is expected to enhance the group's presence and maximize earnings in the European market. Original Source: PetroChemical News, 14 Mar 2016, 54 (11), 3 (Website: http://www. petrochemical-news.com) © William F. Bland Co 2016
Europe: P&G bottles to use up to 50% recycled material In 2016, Procter & Gamble (P&G) will utilize up to 50% post-consumer recycled content in the manufacturing of about 230,000,000 bottles for its Dash and Ariel laundry detergent and Lenor fabric conditioner brands. Original Source: ICIS Chemical Business, 14-20 Mar 20 (Website http://www.icis.com), © Reed Business Information Limited 2016
BRB & Azelis partner to market personal care silicones into UK and Ireland BRB International BV has announced a strategic partnership agreement with distributor Azelis UK Life Sciences Ltd. Under the agreement, Azelis will exclusively distribute BRB's diverse catalogue of silicone materials into the UK and Ireland for all personal care applications, with immediate effect. Original Source: Azelis, 2016. Found on SpecialChem Cosmetics and Personal Care Innovation and Solutions, 15 Mar 2016, (Website: http://www.specialchem4cosmetics. com)
7