Author: Georgina Caldwell

Could this Vietnamese vine be the next superfood? Gac and Amla vie to become the new goji berry

The never-ending search for the next big thing in the health and beauty market has found new focus as two South-East Asian fruits, amla and gac, have achieved ‘superfood’ status. Commonly known as the Indian Gooseberry, Phyllanthus emblica (Amla in Hindi) extract, has witnessed rapidly rising demand in recent years and growth is expected to remain healthy over the next five years, according to a new report by Future Market Insights. Used primarily in hair care products, Amla is rich in iron, phosphorous, calcium and amino acids and is said to prevent hair loss and enhance texture. Meanwhile the...

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Unilever Ghana first to achieve zero waste to landfill target

Unilever’s Ghanaian division was the first in Africa to achieve the company’s zero waste to landfill target, according to Head of Corporate Affairs, Gabriel Opoku-Asare. Unilever recently announced that it had reached its global target to eliminate non-hazardous waste, four years after the launch of the company’s ambitious Sustainable Living Plan, in which it pledged to reduce its environmental impact. The company is believed to have saved €200 million via the initiative, and created hundreds of jobs. The factory, located in Tema’s industrial zone, reduced its non-hazardous waste by 50 percent in 2013, and by July 2014 had further...

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Global surfactants market set to reach value of US$42,120.4 million by 2020

The global surfactants market is predicted to reach a value of US$42,120.4 million by 2020, up from US$33 billion in 2014, according to a new report released by RnR Market Research. In volume terms, demand is expected to hit 24,037.3 Kilotons. Thanks to its growing young population, Asia-Pacific is the biggest market for this group of amphiphilic compounds commonly used in detergents, emulsifiers and foaming agents. India is set to register the fastest growth within this region. North America takes second place, with the US forecast to become the largest consumer in 2015. Europe occupies third position and the...

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Innospec agrees to divest Aroma Chemical business to Emerald Kalama for US$40.5 million

Innospec has announced its intention to sell its Aroma Chemical business unit, Innospec Widnes, to Emerald Kalama Chemical, a division of Emerald Performance Materials. Terms of the deal were not disclosed, but the unit is thought to be valued at US$40.5 million. The sale is expected to close in July 2015 and Innospec Widnes will become part of the Emerald Kalama Chemical flavor and fragrance business. Peter M Fielder, vice president of Emerald Kalama Chemical’s flavor and fragrance product line stated, “The acquisition of Innospec Widnes helps us accomplish several key strategic goals.  With the acquisition, we are taking...

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UK pharmacy chain Boots axes 700 jobs as focus shifts to digital

Walgreen Boots Alliance has announced its intention to make some 700 admin staff redundant as part of a restructure that will see resources diverted to higher-growth areas of the business. The US-owned pharmacy chain, regarded in the UK as a British high street institution, said that the majority of the job losses would be incurred at its UK head office in Nottingham and would be ‘non-store’.  The retailer is hoping to achieve the reduction through ‘a combination of natural attrition, redeployment, retraining and redundancy.’ The retailer said that it plans to create new roles in its bid to reinvent...

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