- Email: [email protected]
New SLES market report
FOCUS
SURFACTANTS Clariant and Huntsman to combine in $20 bn deal The boards of directors of Clariant and Huntsman Corp have unanimously approved a definitive agreement to combine in a merger of equals through an all-stock transaction. The merged company will be named HuntsmanClariant, in which Clariant will hold a 52% share and Huntsman the remainder. On a pro forma 2016 basis, the combination of both companies will create a leading global speciality chemical company with sales of approximately $13.2 bn, an adjusted EBITDA of $2.3 bn and a combined enterprise value of approximately $20 bn at the time of the announcement. The combined company expects to realize more than $3.5 bn of value creation from approximately $400 M in annual cost synergies. The full synergy run-rate will be achieved within two years of closing. The targeted synergies represent roughly 3% of total combined 2016 revenue with one-time costs of up to $500 M. There will also be additional cash-tax savings. The planned IPO of Venator, Huntsman's former Pigments and Additives business, will not be affected by the merger. Original source: Clariant, 22 May 2017, (Website: http://www.clariant.com) © Clariant 2017
Croda celebrates latest ECO project milestone In the USA, Croda International has celebrated a milestone for its ECO Project with the final installation of the exterior infrastructure [see also 'Focus on Surfactants', May 2017 & Feb 2015]. This $170 M investment will equip the company's Atlas Point facility with the ability to produce the 100% bio-based ECO range of surfactants, by using ethylene oxide derived from bio-ethanol. The 'versatile' bio-ethylene oxide plant can accept bioethanol from different renewable sources, the company reports. The ECO project is expected to be completed in 4Q 2017. Elsewhere, Croda is also aiming to lessen its environmental impact via a €10 M investment in subsidiary Sederma's Le Perray en Yvelines facility in France. New facilities will expand production capacity but also reduce the site's overall energy and July 2017
ON
S U R FAC TA N T S
water consumption, and waste generation. They will also comply with cosmetic ingredient good manufacturing practice. Original Source: Croda, 2017. Found on SpecialChem Coatings and Inks Formulation, 3 May 2017, (Website: http://www. specialchem4coatings.com). Original Source: SPC, Soap, Perfumery and Cosmetics, Apr 2017, 90 (4), 11 (Website: http://www. cosmeticsbusiness.com/) © HPCi Media Ltd 2017
New SLES market report Global Market Insights has published a new research report 'Sodium Lauryl Ether Sulfate (SLES) Market Size By Application (Detergents & Cleaners, Personal Care Products), Industry Analysis Report, Regional Outlook (USA, Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024'. The report forecasts that the SLES market size will exceed $1.5 bn by 2024. Original Source: Global Market Insights Inc, 2017. Found on PR Newswire, 25 Apr 2017, (Website: http://www.prnewswire.com)
ASSOCIATED PRODUCTS Lanxess launches Solbrol preservatives at NYSCC Suppliers’ Day Lanxess has launched several new preservatives alongside its existing range of paraben-free protection products. Designed to protect cosmetic formulations, the new blended products were introduced to the US market at the 2017 NYSCC Suppliers' Day in New York City. Solbrol FFA is a preservative-free (ie free from formaldehyde, halogen and isothiazolinone donors) fruit acid blend that is highly effective against both bacteria and fungi. This GMO-free product is designed for oral care, hair care and skin care, for both leave-on and rinse-off applications. Solbrol ABC, ABR and ACC are blends based on ethyl lauroyl arginate HCL. Soluble in water and effective against fungi and staphylococcus, these products have
been designed for use in skin care, deodorant and hair colour applications. Original Source: Lanxess Corporation, 2017. Found on SpecialChem Cosmetics and Personal Care Innovation and Solutions, 3 May 2017, (Website: http://www.specialchem4cosmetics. com)
Vertellus unveils cetylpyridinium chloride-based preservative technology US-based Vertellus has launched its 'Freshstat Plus' brand of cetylpyridinium chloride (CPC)-based preservative for leave-on and rinse-off anionic surfactant (eg SLS, SLES) systems such as liquid body washes and shampoos. The colourless, odourless liquid offers excellent effectiveness over a broad pH range, and skin safety at up to 0.5%. Original Source: Chemical Weekly, 9 May 2017, 205 (Website: http://www. chemicalweekly.com) © Sevak Publications & Chemical Weekly Database P Ltd 2017
Lucas Meyer’s foolproof gelling agent Lucas Meyer has launched Siligel, an enhanced combination of polysaccharides and phospholipids used as a gum substitute. The product does not need pre-dispersion and is resistant to high concentrations of electrolytes. It can be applied as a stabilizer, gelling agent, suspending agent, skin-feel enhancer and coemulsifier, replacing silicones. Original Source: SPC, Soap, Perfumery and Cosmetics, Apr 2017, 90 (4), 73 (Website: http://www.cosmeticsbusiness.com/) © HPCi Media Ltd 2017
Lubrizol presents beauty concepts at NYSCC Suppliers’ Day At the NYSCC event in New York, USA, Lubrizol showcased new prototypes for facial, body and hand cleansing that deliver a 'sensational' cleansing experience, which includes soft, smooth skin feel, excellent product aesthetics as well as formulation & manufacturing flexibility for a range of chassis. Included in the cleansing concepts is Lubrizol's new platform technology Carbopol Smart polymers, which can contribute to the development of advanced cleansing products. In hair care, a new rheology modifier with 'unprecedented versatility' targeting styling applications was introduced.
3
SURFACTANTS Clariant and Huntsman to combine in $20 bn deal The boards of directors of Clariant and Huntsman Corp have unanimously approved a definitive agreement to combine in a merger of equals through an all-stock transaction. The merged company will be named HuntsmanClariant, in which Clariant will hold a 52% share and Huntsman the remainder. On a pro forma 2016 basis, the combination of both companies will create a leading global speciality chemical company with sales of approximately $13.2 bn, an adjusted EBITDA of $2.3 bn and a combined enterprise value of approximately $20 bn at the time of the announcement. The combined company expects to realize more than $3.5 bn of value creation from approximately $400 M in annual cost synergies. The full synergy run-rate will be achieved within two years of closing. The targeted synergies represent roughly 3% of total combined 2016 revenue with one-time costs of up to $500 M. There will also be additional cash-tax savings. The planned IPO of Venator, Huntsman's former Pigments and Additives business, will not be affected by the merger. Original source: Clariant, 22 May 2017, (Website: http://www.clariant.com) © Clariant 2017
Croda celebrates latest ECO project milestone In the USA, Croda International has celebrated a milestone for its ECO Project with the final installation of the exterior infrastructure [see also 'Focus on Surfactants', May 2017 & Feb 2015]. This $170 M investment will equip the company's Atlas Point facility with the ability to produce the 100% bio-based ECO range of surfactants, by using ethylene oxide derived from bio-ethanol. The 'versatile' bio-ethylene oxide plant can accept bioethanol from different renewable sources, the company reports. The ECO project is expected to be completed in 4Q 2017. Elsewhere, Croda is also aiming to lessen its environmental impact via a €10 M investment in subsidiary Sederma's Le Perray en Yvelines facility in France. New facilities will expand production capacity but also reduce the site's overall energy and July 2017
ON
S U R FAC TA N T S
water consumption, and waste generation. They will also comply with cosmetic ingredient good manufacturing practice. Original Source: Croda, 2017. Found on SpecialChem Coatings and Inks Formulation, 3 May 2017, (Website: http://www. specialchem4coatings.com). Original Source: SPC, Soap, Perfumery and Cosmetics, Apr 2017, 90 (4), 11 (Website: http://www. cosmeticsbusiness.com/) © HPCi Media Ltd 2017
New SLES market report Global Market Insights has published a new research report 'Sodium Lauryl Ether Sulfate (SLES) Market Size By Application (Detergents & Cleaners, Personal Care Products), Industry Analysis Report, Regional Outlook (USA, Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024'. The report forecasts that the SLES market size will exceed $1.5 bn by 2024. Original Source: Global Market Insights Inc, 2017. Found on PR Newswire, 25 Apr 2017, (Website: http://www.prnewswire.com)
ASSOCIATED PRODUCTS Lanxess launches Solbrol preservatives at NYSCC Suppliers’ Day Lanxess has launched several new preservatives alongside its existing range of paraben-free protection products. Designed to protect cosmetic formulations, the new blended products were introduced to the US market at the 2017 NYSCC Suppliers' Day in New York City. Solbrol FFA is a preservative-free (ie free from formaldehyde, halogen and isothiazolinone donors) fruit acid blend that is highly effective against both bacteria and fungi. This GMO-free product is designed for oral care, hair care and skin care, for both leave-on and rinse-off applications. Solbrol ABC, ABR and ACC are blends based on ethyl lauroyl arginate HCL. Soluble in water and effective against fungi and staphylococcus, these products have
been designed for use in skin care, deodorant and hair colour applications. Original Source: Lanxess Corporation, 2017. Found on SpecialChem Cosmetics and Personal Care Innovation and Solutions, 3 May 2017, (Website: http://www.specialchem4cosmetics. com)
Vertellus unveils cetylpyridinium chloride-based preservative technology US-based Vertellus has launched its 'Freshstat Plus' brand of cetylpyridinium chloride (CPC)-based preservative for leave-on and rinse-off anionic surfactant (eg SLS, SLES) systems such as liquid body washes and shampoos. The colourless, odourless liquid offers excellent effectiveness over a broad pH range, and skin safety at up to 0.5%. Original Source: Chemical Weekly, 9 May 2017, 205 (Website: http://www. chemicalweekly.com) © Sevak Publications & Chemical Weekly Database P Ltd 2017
Lucas Meyer’s foolproof gelling agent Lucas Meyer has launched Siligel, an enhanced combination of polysaccharides and phospholipids used as a gum substitute. The product does not need pre-dispersion and is resistant to high concentrations of electrolytes. It can be applied as a stabilizer, gelling agent, suspending agent, skin-feel enhancer and coemulsifier, replacing silicones. Original Source: SPC, Soap, Perfumery and Cosmetics, Apr 2017, 90 (4), 73 (Website: http://www.cosmeticsbusiness.com/) © HPCi Media Ltd 2017
Lubrizol presents beauty concepts at NYSCC Suppliers’ Day At the NYSCC event in New York, USA, Lubrizol showcased new prototypes for facial, body and hand cleansing that deliver a 'sensational' cleansing experience, which includes soft, smooth skin feel, excellent product aesthetics as well as formulation & manufacturing flexibility for a range of chassis. Included in the cleansing concepts is Lubrizol's new platform technology Carbopol Smart polymers, which can contribute to the development of advanced cleansing products. In hair care, a new rheology modifier with 'unprecedented versatility' targeting styling applications was introduced.
3