Private equity firm Aterian Investment Partners has acquired EverZinc and will combine it with existing affiliate US Zinc to make the world’s largest maker of zinc chemical products. This will be based in Houston and will operate under the EverZinc name, with EverZinc CEO Vincent Dujardin becoming CEO and US Zinc president and CEO Joel Hawthorne as vice chairman.
DSM and Swiss-based flavours and fragrances house Firmenich have agreed to merge. The deal, which is expected to close in 1H 2023, is valued at about $19.6 billion. DSM-Firmenich would have about €11.4 billion/year in sales, comparable to IFF after its combination with DuPont’s Nutrition and Biosciences business early last year.
Bryan Moran, global skin care technical manager at Lubrizol Life Science Beauty, discusses how formulators can address a key trend in sun care
In the 1970s and 1980s, no lifeguard would hit the beach without a thick white coating of zinc oxide sunblock on their nose. It was effective but also unattractive and uncomfortable.
Dow has announced plans to expand its alkoxylation capacity in the US and Europe in 2024 and 2025. The investments are backed by supply agreements with customers and are being made to meet 10-15%/year growth in end markets including home and personal care, industrial and institutional cleaning, pharmaceuticals and crop protection.
Waste2Func, a European BBI-JU funded project, has been granted €6.7 million to build a technology platform. This will collect food waste from agriculture, food manufacturing, supermarkets, auctions and restaurants, and convert it via fermentation and purification into lactic acid and biosurfactants with applications in cosmetics, personal care and household care products. The project began in June 2021 and will end in November 2024, with a total budget of €13.965 million.
Brenntag has entered the Israeli market by acquiring distributor Y.S. Ashkenazi Agencies and its subsidiary Biochem Trading. The firm is the said to be the national market leader in personal care, and food and nutrition as well as one of the largest speciality chemical distributors. Terms were not disclosed and the deal has already been completed.
Friendly Chemical (FCC), a UK producer of eco-friendly cleaning and personal care products, has moved to a new 930 m2 production facility in Skipton, North Yorkshire. This, the company said, is the result of rapidly rising demand from major retailers, including Booths, Holland & Barratt and The Vegan Kind.
