Page 169 - CW E-Magazine (3-9-2024)

News from Abroad

MARKETING PARTNERSHIP
DKSH expands North American distribution partnership

with Kahai for cacay oil

Colombia’s Kahai has selected cold-pressed oil from cacay tree nuts. waste” by fully utilising the fruit and
Swiss market expansion service It has proven efficacy in reducing by-products from the cacay tree.
provider, DKSH, as North American wrinkles, promoting cell regeneration,
distributor for its cacay oil. Under providing hydration, enhancing skin The company also leads efforts to
terms of the agreement, DKSH’s per- luminosity, improving firmness and reforest 5,000 hectares in Colombia’s
formance materials business unit will boosting elasticity. Orinoco and Amazon regions. These
provide business development, mar- initiatives provide income for over 200
keting, sales, logistics and distribution A recent comprehensive study by low-income and indigenous families,
services for cacay oil, an ingredient Kahai in Brazil proved that cacay oil out- highlighting the company’s dedication
for the natural skincare and hair care performs argan oil in hair care, showing to environmental and social responsi-
industry. significant benefits for thermal protection, bility.
hair gloss increase, split ends repair and
The agreement builds on a suc- frizz control, according to DKSH. “After 10 years of working with
cessful partnership in European mar- DKSH in Europe, we are now expand-
kets such as Germany, France, UK and Additionally, Kahai’s cacay oil has ing our cooperation to North America.
Spain. DKSH has now been entrusted been certified for use in China. The Together, we aim to make cacay oil the
to grow Kahai’s business in Canada and certification gives Kahai a competitive new trend in natural and clean cosme-
the US. advantage, as it the sole provider of tics, building on the social and environ-
China-compliant cacay oil. According mental impact we are generating in
Kahai’s cacay oil, also known as to DKSH, Kahai is committed to sus- Colombia,” said Mr. Camilo Jaramillo,
“Amazon Gold”, is a light-textured, tainability and aims to achieve “zero co-founder, Kahai Oil.

CHANGE OF PLANS
Marathon Petroleum and TC Energy withdraws

from US hydrogen project

American firms – Marathon Petro- The Prairie Horizon Hydrogen focusing its resources on improving
leum Corporation (MPC) and TC (PHH) project, reportedly set to cost its existing assets in North Dakota
Energy – have announced that $2-bn, was also a part of the Heart- including the renewable diesel faci-
they are no longer involved with a land Hydrogen Hub (HH2H), which lity in Dickinson and the refinery
planned multi-state hydrogen hub in stretches across Minnesota, North in Mandan. Industry observers said
the US. Dakota, and South Dakota. that while this move is presented as a
commitment to enhancing operational
MPC and TC Energy had set up a HH2H is promoted as a regional efficiency, it may also indicate a retreat
joint venture, Prairie Horizon Energy clean energy project in the US, and from ambitious clean energy projects
Solutions, to develop a low-carbon was selected by the US Department that carry higher financial and techno-
fertiliser project (comprising a blue of Energy (DOE) for up to $925-mn logical risks.
hydrogen and ammonia plant) near in funding in October 2023 as part of
an existing MPC renewable diesel President Biden’s Investing in America MPC’s withdrawal has raised
refinery in Dickinson, North Dakota, agenda. concerns about HH2H project’s abi-
with an eye towards a final invest- lity to meet its ambitious goals and
ment decision (FID) and the start of A spokesperson for Marathon secure continued support from stake-
construction in 2026. Petroleum said the company is holders and federal entities.

Chemical Weekly September 3, 2024 169

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