Evonik-Goldschmidt, Hercules ink marketing deal

13 December 2007 22:59  [Source: ICIS news]

HOUSTON (ICIS news)--Evonik-Goldschmidt and Hercules Incorporated's Aqualon unit have signed a deal to sell multi-functional polymers to the personal care market, the companies said on Thursday.

“Aqualon sees an exciting future in this segment of the personal care market thanks to our collaboration with Evonik-Goldschmidt,” said Jeff Wolff, general manager or regulated industries at Aqualon. “Their application expertise will accelerate the creation of innovative new products for the personal care industry.”

The collaboration is based on cellulosics (hydroxypropyl methylcellulose), the water soluble polymers for cleansing formulations.

“Evonik-Goldschmidt is committed to the relationship with Aqualon,” said Willy Klipp, senior vice president and general manager of personal care for Evonik-Goldschmidt. “The addition of natural polymers strongly enhances our existing portfolio of silicones, organic specialties and active ingredients.”

These products are marketed by Evonik-Goldschmidt under the new trade name TEGOCEL and TEGOCEL fluid.

By: John Waggoner
+1 713 525 2653

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