10.07.15
FutureFuel Corp., a Clayton, MO-based manufacturer of custom and performance chemicals and biofuels has signed a contract amendment to extend the supply of NOBS, a bleach activator laundry additive, to Procter & Gamble through 2018.
P&G previously expressed its intent to terminate the NOBS supply arrangement effective Dece. 31, 2015, but it has now been reinstated on amended terms, according to FutureFuel. The amendment with FutureFuel Chemical Company provides for sales of NOBS to P&G in reduced volumes with adjusted pricing during 2015-2018 to account for revised market conditions.
"We are very proud of our long-standing relationship with P&G," said Paul Flynn, FFCC EVP of business and marketing.
"FFCC also has acquired certain intellectual property rights relating to NOBS laundry detergent formulations which will support sales to other laundry detergent manufacturers.”
According to Flynn, NOBS is the highest performing bleach activator product on the market.
“FFCC already has evaluated NOBS in multiple commercial laundry detergent applications from around the world and demonstrated improved cleaning performance in particular at lower wash temperatures," he said.
Flynn added, “We believe our current NOBS products are very well suited to the continued trends of sustainable products that conserve resources and reduce CO2 emissions. While maintaining our important relationship with P&G, this amendment allows us to look for growth with other customers in the laundry detergent market," stated Flynn.
P&G previously expressed its intent to terminate the NOBS supply arrangement effective Dece. 31, 2015, but it has now been reinstated on amended terms, according to FutureFuel. The amendment with FutureFuel Chemical Company provides for sales of NOBS to P&G in reduced volumes with adjusted pricing during 2015-2018 to account for revised market conditions.
"We are very proud of our long-standing relationship with P&G," said Paul Flynn, FFCC EVP of business and marketing.
"FFCC also has acquired certain intellectual property rights relating to NOBS laundry detergent formulations which will support sales to other laundry detergent manufacturers.”
According to Flynn, NOBS is the highest performing bleach activator product on the market.
“FFCC already has evaluated NOBS in multiple commercial laundry detergent applications from around the world and demonstrated improved cleaning performance in particular at lower wash temperatures," he said.
Flynn added, “We believe our current NOBS products are very well suited to the continued trends of sustainable products that conserve resources and reduce CO2 emissions. While maintaining our important relationship with P&G, this amendment allows us to look for growth with other customers in the laundry detergent market," stated Flynn.