Evonik Goldschmidt & Hercules join forces
This article was originally published in The Rose Sheet
Executive Summary
German chemicals firm Evonik Goldschmidt has entered into a partnership with Hercules Incorporated to market multi-functional polymers to the personal-care industry, according to recent release. Aqualon, Hercules' personal-care unit, will bring its technological expertise in natural polymers to the table, while Evonik Goldschmidt will contribute "market expertise and application know-how," Evonik says. Initially the firms will offer water-soluble polymers that make for "creamy, stable" cleansing foams, marketed under the name Tegocel. Next in the pipeline are innovative carbohydrate derivatives for skin and hair-care products, the companies say