Ashland increases prices by up to 15 percent due to inflation-related costs
Specialty ingredients company Ashland has announced that is to increase prices by up to 15 percent due to being hit by inflation-related costs.
Beiersdorf and Bayer settle Coppertone class action for US$2.3 million
Beiersdorf and Bayer will pay our some US$2.3 million to settle a class actions suit bought against the manufacturers following the discovery that its Coppertone sunscreen was contaminated with benzene.
Inolex launches new cannabis-derived ingredient for sustainable conditioning and emulsification
Inolex has launched ProCondition Sativa (Cannabisamidopropyl Dimethylamine) – a new sustainable conditioning ingredient derived from Cannabis Sativa Seed Oil.
Talc toppled: Johnson & Johnson to transition global baby powder portfolio to cornstarch
Johnson & Johnson Consumer Health has announced that it has made the commercial decision to transition to an all-cornstarch baby powder portfolio.
BASF enters into VPPAs for clean energy supply for 20+ US sites
BASF has announced that it has entered into virtual power purchase agreements (VPPAs) for wind and solar power totalling 250 megawatts. The agreements are designed to offset the carbon-intensive grid-supplied electricity being used at more than 20 US sites.
Banana Boat recalls sunscreen sprays due to Benzene contamination
Banana Boat sunscreen has recalled its sunscreen sprays due to contamination of the chemical Benzene.
Evonik offloads US betaine business
Evonik has announced the divestiture of its US betaine business, signing an agreement to sell the unit to Kensing for an undisclosed sum.
US FDA greenlights LG Household & Health Care’s toothpaste
LG Household & Health Care will market a novel toothpaste formulation on the North American market after receiving approval from the US Food & Drugs Administration, according to a report published by Business Korea.
Evolved by Nature raises US$120 million in Series C funding round
Evolved by Nature has announced that it has closed a US$120 million Series C funding round led by Teachers’ Venture Growth and Senator Investment Group. Existing investors, Mousse Partners, Chanel, Jeff Vinik, The Kraft Group, Roy Disney and Emerald Development Managers also participated in the round.
Croda receives support from US government for expansion of lipid systems capability
Croda has entered into a cooperative agreement with the United States government in which the government will provide up to US$75 million to expand the company’s US manufacturing capacity of ingredients for lipid systems used in novel therapeutic drugs, such as mRNA vaccines.
LATEST NEWS
