Skin care giant Beiersdorf and Evonik have agreed a research partnership to develop sustainable raw materials for personal care products via artificial photosynthesis, using CO2 as the starting material, along with water, solar energy and bacteria. The two companies described this part of their ongoing efforts to reduce their carbon footprints and becoming carbon-positive.
Air Liquide has entered into exclusive negotiations with EQT, a differentiated global investment firm with over €62 billion in raise capital, for the sale of its Schülke & Mayr subsidiary. The company had announced its intention to sell Schülke & Mayr in November 2019 as part of a strategy of focusing on its core gases and healthcare businesses.
Azelis has concluded a new agreement with Merck KGaA, covering the distribution of Merck Performance Materials’ complete range in Vietnam for personal care, CASE, food and health, and industrial chemicals. The division’s products include pigments, active ingredients and raw materials. The two companies have been partners since 1968 and have existing distribution relationships in Europe and other regions.