Jyothy Labs readies war chest foracquisitions

Mumbai-based consumer goods firmJyothy Laboratories has announcedits intentions to acquire severalproducers or brands of fabric careand personal care products by FY2014-2015 to aid its further growth.The company has raised Rup 2630 M(€31 M) via preferential allotment ofshares to realize the plan. This,together with internal accruals ofabout Rup 2500 M, is expected to bedeployed in regional acquisitions, thecompany says. Jyothy Laboratoriesrecently acquired Henkel India [Focuson Surfactants, Apr 2013]. Its productlines include detergents, soaps, fabricwhiteners, deodorants and householdinsecticides.

Original Source: Business Standard, 5 Dec 2013, 18(81), I.8 and 20 Dec 2013, 18 (92), I.2 (Website:http://www.business-standard.com) © BusinessStandard Ltd 2013

Other

Palsgaard opens Malaysian facility

In Aug 2013, Denmark-basedPalsgaard initiated operations at itsnew 20,000 tonnes/y factory inNusajaya, Johor, Malaysia. Thefacility cost around $36 M to constructand produces single emulsifiers andvarious blends of emulsifiers andstabilizers for food applications. Thesite was chosen for its proximity toraw materials, including palm oil, andthe company’s innovation centre inSingapore. The company receivedRSPO certification for the productionof mass balance certified palm oilproducts in 2012 [Focus onSurfactants, Nov 2012] and aims toraise the share of certified palm oiland derivatives in its palm oil-basedemulsifiers to 100% by 2015.

Original Source: Oils and Fats International, Oct-Nov2013, 29 (8), 3 (Website:http://www.oilsandfatsinternational.com) © QuartzBusiness Media Ltd 2013

Evonik introduces universal wettingand anti-cratering additive forcoatings and inks

Germany’s Evonik has introduced anew universal-substrate wettingadditive for waterborne woodcoatings, industrial coatings and

printing inks, which can also be usedin solventborne and even UVcoatings, it says. An organicallymodified siloxane gemini surfactant,Tego Twin 4200 is said to exhibit‘outstanding wetting and anti-cratering properties’, coupled with nofoam stabilization. It provides a robustand easier processing during paintmanufacturing, according to Evonik.Enhanced reduction of surfacetension and high compatibility lead toa high-performance product, ideal forvarious coating systems, while TegoTwin 4200’s 100% active mattercontent allows for its use in modernzero VOC formulations, the companyreports.

Original Source: Evonik Industries, Essen, Germany,website: http://corporate.evonik.com/en/ (7 Nov2013) © Evonik Industries AG 2013

PATENTSMethod for selecting perfumeingredient, method for formulatingfragrance, and preference-enhancingagent

US patent number 8,507,564 hasbeen granted to Shiseido, Japan forits methods of enhancing thepreference for a product by repetitiveuse. A perfume composition isformulated into a product. Theformulation contains allyl caproateand ambroxan or geranium oil. Themethod is focused on a hair cleansingcomposition that contains anamphoteric surfactant, a cationicpolymer, and an N-actyl-N-methyltaurine-based anionicsurfactant.

Original Source: SPC, Soap, Perfumery andCosmetics, Oct 2013, 86 (10), 83 (Website:http://www.cosmeticsbusiness.com/) © HPCi MediaLtd 2013

ENVIRONMENTRSPO approves revised principles andcriteria

An amended set of principles andcriteria (P&C) was approved by theRoundtable on Sustainable Palm Oil(RSPO) in Apr 2013 following areview process that began in Nov2011. The new P&C includes a new

criterion on growers’ requirements forminimizing greenhouse gas (GHG)emissions from new plantings.Banning pesticides was alsodiscussed during the review processand a decision was reached wherebytheir use is allowable subject tocertain circumstances, if no otheralternatives are present.

Original Source: Oils and Fats International, Oct-Nov2013, 29 (8), 36 (Website:http://www.oilsandfatsinternational.com) © QuartzBusiness Media Ltd 2013

MARKETREVIEWS

Global market for cosmetic chemicalsto reach $21.2 bn by 2018: GlobalIndustry Analysts

According to a report entitledCosmetic Chemicals: A GlobalStrategic Business Report by GlobalIndustry Analysts Inc, the globalmarket for cosmetic chemicals isprojected to reach $21.2 bn by 2018,driven by rising consumer awarenessover health and fitness, strongemphasis on improving physicalappearance, and growing demand forskincare cosmeceuticals. The globalmarket for cosmetic chemicals isexpected to grow steadily, led byincreased consumer spending oncosmetic and toiletry products. TheUSA represents the single largestmarket worldwide. Though NorthAmerica and Europe continue to bemajor markets, emerging countriessupported by the increasingpurchasing power of the middle class,will drive future growth. Asia Pacificand Latin America are thus expectedto play a major role in poweringmarket growth in the coming years.Regulatory and marketing barriers,and customization of products to localneeds, represent challengesconfronted by overseas players.Cleansing agents & foamersrepresents the largest marketsegment. Foamers or surfactants areamong the key ingredients incosmetics products, and arewitnessing significant rises indemand. However, with growingmedia concerns over the safety ofsulfate-based surfactants, the focusof leading brands has shifted towards

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