beauty

dsm-firmenich to sell stake in Feed Enzymes Alliance to its partner Novonesis for €1.5 billion

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dsm-firmenich, the Dutch multinational company active in nutrition, health, and beauty, sold its stake in the Feed Enzymes Alliance to its equal partner Novonesis, a global leader in biosolutions, for €1.5 billion. The dsm-firmenich activities to be sold under this transaction to Novonesis represented in 2024 approximately €300 million in total annual net sales. Novonesis will continue a long-term commercial relationship with the Animal Nutrition & Health business, for the re-sale of its feed enzymes through the Animal Nutrition & Health world-class premix network.

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Evonik strengthens its biosolutions offering with new Botanicals & Natural Actives business segment 

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wpid-evonik_methionine_singapore.jpg

Evonik is strengthening its offering of botanical extracts and natural actives by bringing its expertise together under a newly established business segment. The Botanicals & Natural Actives segment draws on expertise built up through legacy products together with a series of recent acquisitions. Evonik – the German company claims – can now better meet the growing demand for botanical extracts and claim-substantiated natural actives, which are supported by its recently established Skin Institute.

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Packaging: LUMENE, UPM and SABIC joined forces to replace fossil-based feedstocks with renewables ones

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Source: UPM

Finnish beauty brand LUMENE is the first to launch a biobased packaging application with both the jar and label made with UPM’s innovative wood-based material, further processed by SABIC. LUMENE’s new jar and the self-adhesive label originate from renewable UPM BioVerno™ naphtha, produced by UPM in Finland. The naphtha is processed into certified renewable polypropylene by SABIC, a global leader in the chemical industry, and then converted both into commonly recyclable cosmetics containers and product labels printed on UPM Raflatac Forest Film label material.

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