Page 174 - CW E-Magazine (21-11-2023)

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TRADE SHOW IMPACTING THE INDUSTRY

DECHEMA and Constellar launch South-East Asia’s Asian ingredient innovations celebrated at the

fi rst dedicated process technology trade event in-cosmetics Asia Awards

DECHEMA Ausstellungs-GmbH one of the most dynamic and fasci- in-cosmetics Asia announced the dermal ingredient that improves skin Spotlight On Formulation award
(DECHEMA Exhibitions), organiser of nating regions in the world, embarking winners of its annual Awards, held at texture and brightness. The Spotlight On Formulation
ACHEMA, world forum and leading on a transformative journey of indus- the Bangkok International Trade and Award in the Sustainable, Conscious
show for the process industries, and trial growth and sustainable develop- Exhibition Centre (BITEC) on Novem- RAHN AG received the Bronze Beauty and Love is in the Hair (Haircare)
Constellar, one of Singapore’s leading ment. Innovations in pharma, biotech, ber 8, 2023. The awards recognise out- Award for its water-based extraction categories, saw 39 entries reviewed by
trade show organisers, are launching chemicals and food processing naturally standing ingredient innovations from of Helichrysum italicum syn angus- judges.
Process Innovation Asia Pacifi c – Powe- play a key role in advancing welfare some of the trailblazing leaders in this tifolium, chlorogenic acid, and di-
red by ACHEMA in 2024 as a com- and wellbeing, but also resilience and space. O-caffeoylquinic acids, Perfeline, to The Bronze Award for Sustainable,
prehensive Process Technology show sustainability in emerging economies”, strengthen the micro-vessels in human Conscious Beauty went to BioSyn Bisa-
for the region. The event’s inaugural said Dr. Björn Mathes, CEO, DECHEMA As the leading event for the cos- skin. bolol by China-based, Soho Aneco Chemi-
edition will be held from November 19- in the South-East Asian region: pharma- Exhibitions. metic and personal care community in cals, whilst Silver was awarded to Lotion
21, 2024 at Singapore EXPO. ceutical, (petro-) chemical, biotechno- Asia-Pacifi c, the expert judging panel Innovation Zone: Functional ingre- with Neosolue-Aqulio by Japanese com-
logy and food processing. The fi rst edition of the show expects awarded accolades for the Innovation dient award pany, Nippon Fine Chemical.
The event will focus on four key to welcome more than 200 exhibitors Zone Best Active Ingredient and the Emulium Dermolea MB earned
sectors that show strong growth potential “Asia Pacifi c is rightfully considered and 10,000 attendees from 20 countries. Innovation Zone Best Functional Ingredi- Gattefossé the Gold Award. As a plant- The Gold Award went to SunCat
ent, plus the Spotlight On Awards. based O/W emulsifi er, this ingredient JCW03 by Taiwanese Bio-Nest Bio-
MASS BALANCE ACCOUNTING offers a unique lipidic composition rich chemical Technology, described by one
Innovation Zone: Active ingredient in sterols and triterpenes to reduce skin of the judges as “an outstanding inno-
Johnson Matthey offers 100% recycled platinum award stress and bring long-term soothing. vative achievement for 5% UV Filters
Immunight by Lucas Meyer Cos- with SPF30.”
group metal content metics has been honoured with the Softisan Magicpowder S by IOI
prestigious Gold Active Ingredient Oleo scooped up the Silver Award In the haircare category Bur-
Johnson Matthey (JM) has success- dations, outlined by the Ellen Mac- critical metals. Secondary (recycled) Award for its green-processed oil- for its water-resistant/water-binding geon-UP (HS) by Ichimaru Pharcos
fully designed a mass balance (MB) Arthur Foundation. PGM offers exactly the same indus- soluble lavandin extract, specifi cally vegan fi lm-former for safe formulas (Japan) took the fi rst accolade for a
accounting methodology for offering trially powerful properties as primary designed to reduce the effects of offering caring smooth sensoriality and product that, according to one of the
100% recycled platinum group metals This assurance successfully completes (mined) PGM, but with a much lower poor-quality sleep on skin by boosting providing a barrier protecting effect. judges was, “a great topical cosmos
(PGMs). the fi rst phase of JM’s MB accounting carbon intensity – up to 98% less. From night-time skin recovery and targeting Bentone Plus Glow won Elementis option for hair greying, with a dual
approach and will further enable its December 2023, customers will be able the improvement of sleep quality by the Bronze Award, combining natural function for anti-hair loss and anti-grey
The methodology has been re- customers to meet sustainability goals. to purchase 100% recycled PGMs from inhalation of olfactory compounds. ingredients designed to impart rheo- hair.” Azelis was also awarded Gold for
viewed and accepted by the Carbon JM, in order to decarbonise their pro- logical control and suspension to the its ‘Detox Scalp Butter Mask’, referred
Trust, a global climate consultancy, as JM is a leading PGM recycler, pro- ducts and supply chains to meet their The Silver Award was awarded to oil phase of cosmetics and skin care to by the judges as a “really trendy, easy
being in line with industry recommen- viding a sustainable supply of these sustainability goals. CODIF, which impressed the judges products and promote the skin’s bar- to use multi-functional with a lovely
with its Regetaste – an anti-ageing epi- rier function. end formula and texture.”
PETROCHEMICALS
SABIC reports Q3 net loss on falling prices MEDICAL DYE & ANTIDOTE
Provepharm launches UK subsidiary
and impairment charges
Provepharm, a leading international pharm UK, the company aims to
Saudi Basic Industries Corp. (SABIC), The loss was mainly due an impairment was up almost 6% quarter-on-quarter. pharmaceutical company specializing enhance the distribution of its endo-
one of the world’s biggest petrochemical charge of 2.93-bn riyals on the fair value The petrochemical market continues in medical dyes and antidotes, has scopic and surgical dyes and antidotes
companies, has posted an almost 17% of Saudi Iron and Steel Company after to witness weak global demand and an announced the offi cial launch of its offering, providing a direct route to
fall in third-quarter revenue and a net Saudi Arabia’s sovereign wealth fund increase in supply for most products. dedicated UK subsidiary, adding to its HealthCare Professionals (HCPs) and
loss. The company reported a net loss acquired SABIC’s entire stake in the SABIC’s average selling price fell 5% reach in France and the US. customers. Provepharm’s products
of 2.88-bn riyals for Q3, compared with company. Revenues fell to 35.98-bn quarter-on-quarter, while prices for have hitherto been available in the
a profi t of 1.84-bn riyals a year earlier. riyals from 43.32-bn a year earlier, but agri-nutrient products increased 11%. With the establishment of Prove- UK through a distributor.

174 Chemical Weekly November 21, 2023 Chemical Weekly November 21, 2023 175

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