Innospec and Chemyunion Sign Deal

Innospec and Chemyunion have entered into a collaborative partnership. Under terms of the agreement,  Chemyunion will represent Innospec in Brazil for the personal care market. Further, Chemyunion will manufacture select Innospec personal care products locally, providing Innospec's Brazilian customers with cost savings benefits on some of Innospec’s most exciting products including Iselux, the surfactant for sulfate-free formulations. In the US, Innospec will represent Chemyunion on the West Coast through its subsidiary Chemtec and in the southeast with the Innospec team. Innospec will also produce select Chemyunion products for the US personal care market; providing logistics benefits to US customers. Innospec will also represent Chenyunion at several personal care market leaders providing enhanced access to the technical communities of those key global customers.


“We see tremendous synergy in their product portfolios and technical expertise. We are confident this will enable the partnership to bring exciting innovative solutions to our customers’ needs in the personal care market, enabling our customers to delight the end use consumer,” said Phil Matena, VP-global business development at Innopsec.


“The manufacturing partnership will enable us to capitalize on the regional manufacturing position of the other to drive growth,” explained says Marcelo Golino, director presidente CEO, Chemyunion.
 

Innospec Inc. is an international specialty chemicals company with approximately 1,300 employees in 20 countries. Innospec manufactures and supplies a wide range of specialty chemicals to markets in the Americas, Europe, the Middle East, Africa and Asia-Pacific. Innospec’s market focus is in four key areas: fuel specialties, oil field specialties, polymers and personal care.
 

Chemyunion is a Brazilian specialty company with approximately 115 employees focused in manufacturing and supplying a wide range of raw materials to cosmetic, nutrition and pharmaceutical areas. Chemyunion has capabilities to produce active ingredients to hair and skin care products, excipients to nutrition, cosmetic and pharmaceutical areas. Providing products enriched with in vitro, ex vivo and clinical evaluations, Chemyunion is a broad solutions company to the global market.