NEWS


Solabia acquires US cosmetic ingredients maker Applechem


Solabia has acquired a majority stake in Applechem, a US-based cosmetics technology producer. Founded in 2003 by Dr.


Samuel Lin within the Enterprise Development Centre of the New Jersey Institute of Technology, Applechem supplies a diverse range of ingredients for cosmetics, personal care and sun care formulations. Solabia said the acquisition


is part of the Paris-based firm’s strategy to offer a wider range of ingredients and to strengthen its market position as customers in


personal care industry increasingly look for high-performance, easy-to- use ingredients. It will also contribute to


strengthen Solabia’s presence in the strategic US market, while providing new development opportunities to both companies in Europe and in Asia.


“This operation will allow both


companies to benefit from their combined know-how, and to offer a broader portfolio of high- performance ingredients to an expanded customer base,” said chief executive Jean-Baptiste Dellon.


“It also fully supports our


international development strategy and showcases our ability to attract successful companies into Solabia Group as we look to grow our business in markets with strong


potential,” he added. Dr. Lin will retain a minority share


and remains CEO of Applechem. “By combining Applechem’s


specialty ingredient solutions with Solabia’s excellent actives portfolio, this new partnership will enable us to better serve our customers globally,” he said. “Joining with the Solabia Group


will allow our collective expertise in specialty functional ingredient technologies and high-performance bio-active platforms to accelerate the development of new innovative cosmetic ingredients.”


Gisela Pinheiro heads BASF Personal Care Europe


BASF has appointed Gisela Pinheiro to succeed Tatiana Kalman as head of its Personal Care Europe business unit with immediate effect. Kalman, who had been in the


role since 1 July 2022, is leaving the company at her own request. Pinheiro, a Brazilian, will


also become managing director of BASF Personal Care and Nutrition GmbH. Prior to her new role, Pinheiro


was senior vice president at BASF’s Care Chemicals division, leading the global key account management, the global business unit for detergent enzymes, the global strategic marketing, supply chain and IT. Pinheiro holds a


master’s degree in Business


Administration from IBMEC Business School, São Paulo, Brazil, and an economics degree from Northern Michigan University, USA. She started her career as a


consultant at Ernst & Young, São Paulo, Brazil, and then worked for Dow Chemicals in Brazil and the US for 14 years in several multi- functional and business roles – strategic as well as operative. In 2017 she joined BASF as Vice


President Functional Materials and Solutions South America. She took over the role of Vice


President Global Key Account Management at BASF’s Care Chemicals division, located in Ludwigshafen, Germany, in 2019. In April 2022, she was promoted to senior vice president. “I am determined to ensure a


smooth transition for our customers and my team alike. The whole industry is facing challenging times, and I am very much convinced that we have the right people and mindset to overcome all hurdles and steer into a successful future,” she said. BASF’s Personal Care business in Europe is headquartered in


Monheim, Germany. Close by, Duesseldorf is


home to BASF’s third largest site in Europe and the world’s largest and most important BASF site for the production and development of cosmetic ingredients. In a related development,


BASF is to increase global alkyl polyglucosides (APGs) production capacity with expansion at sites in Bangpakong, Thailand and Cincinnati, Ohio. The additional capacity is expected to come on stream in 2025. APGs are bio-based and


readily biodegradable, mild secondary surfactants, derived from 100% natural full after feedstocks.


Nikko Chemicals inaugurates Indian subsidiary


Nikko Chemicals, a Tokyo-based cosmetic ingredients supplier, has established an Indian subsidiary. Nikko representative Shogo


Sekine said the office, registered in New Delhi, will focus on research, procurement, manufacturing, evaluation, consulting and marketing services, as well as the buying and selling of chemical raw materials for cosmetics, foods and pharmaceuticals. “We have been distributing raw


www.personalcaremagazine.com


industry, providing cutting-edge technology and innovation, in order to grow together with the Indian personal care market,” a Nikkol Chemicals spokesman said. An opening ceremony for Nikkol


materials through local network to Indian customers until now, and our new office is designed to further support the local cosmetic


Chemicals (India) was held in Mumbai. Nikko parent company Nikkol Group has formulated a new three-year medium-term management plan starting in 2023, and has set the goal of becoming “the No.1 partner in Asia” as one of


the pillars of its business strategy. Japanese-based Nikkol Group


has two other affiliates in Asia to support distribution in the region: Nikko Chemicals Shanghai Corporation in China and Nikko Chemicals (Singapore). “Five countries have been


selected as focus areas. We aim to contribute to the development of cosmetic industry by going further and beyond simply supplying raw materials,” the spokesman added.


July 2023 PERSONAL CARE


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