09.11.15
Amyris, Inc. has entered into an exclusive distribution and reseller agreement with Contem 1G, one of the leading cosmetics companies in Brazil with 190 retail outlets located throughout Brazil.
According to a recent Bain & Company industry report, Brazil is the second-largest and one of the fastest-growing cosmetics markets in the world. The Biossance brand, with current and future products
incorporating Amyris's Neossance Squalane high-performance emollient derived from sustainable Brazilian sugar cane, is ideally suited for this market where there is growing interest in products created from natural sources.
Following completion of definitive agreements, Amyris plans to introduce Biossance(TM) The Revitalizer, its initial featured skin moisturizer, to Brazil around the end of this year. Amyris also plans to introduce an additional five Biossance products through 2016 and a hair care line by the end of 2016.
Through the agreement, Amyris would gain access to Contem 1G's retail sales outlets as its exclusive skin care product line. The partnership would also provide Amyris with access to the world-class manufacturing and cosmetic-development facilities and capabilities of
Contem 1G.
According to a recent Bain & Company industry report, Brazil is the second-largest and one of the fastest-growing cosmetics markets in the world. The Biossance brand, with current and future products
incorporating Amyris's Neossance Squalane high-performance emollient derived from sustainable Brazilian sugar cane, is ideally suited for this market where there is growing interest in products created from natural sources.
Following completion of definitive agreements, Amyris plans to introduce Biossance(TM) The Revitalizer, its initial featured skin moisturizer, to Brazil around the end of this year. Amyris also plans to introduce an additional five Biossance products through 2016 and a hair care line by the end of 2016.
Through the agreement, Amyris would gain access to Contem 1G's retail sales outlets as its exclusive skin care product line. The partnership would also provide Amyris with access to the world-class manufacturing and cosmetic-development facilities and capabilities of
Contem 1G.