Latest news with #Henkel
Zawya
2 days ago
- Business
- Zawya
Henkel Egypt launches 'Perwoll' with advanced fabric renewal technology from its 6th of October Factory
Khalil: We are investing in local industry and committed to delivering innovative products that meet the needs of Egyptian consumers. An advanced formula powered by 'Renew' technology offers complete fabric care and restores garments to look like new making it the ideal choice for consumers. Cairo – In line with its commitment to supporting the national economy and promoting local production, Henkel Egypt has announced the launch of its new fabric care product, 'Perwoll', now produced locally at its factory in the industrial zone of 6th of October City. This launch supports the Egyptian government's efforts to increase the contribution of the industrial sector to GDP by empowering local production to deliver innovative solutions tailored to Egyptian consumers. Perwoll is a valuable addition to Henkel Egypt's expanding portfolio of laundry and home care products. Its advanced formula is built on Renew technology, supported by effective enzymes that help restore fabrics by removing lint and residues, while preserving colors and textures. With every wash, it revives clothes and gives them a fresh, like-new look, offering long-lasting care and protection for all types of garments. The launch of Perwoll addresses a real and growing demand among consumers for a specialized solution in advanced fabric care. As the first product of its kind in the local market, Perwoll establishes a new product category in Egypt's laundry sector and reinforces Henkel's leadership in innovation and added value. Sherif Khalil, President and Managing Director of Henkel Egypt, commented: 'At Henkel, we believe in the importance of delivering innovative solutions that meet the evolving needs of the Egyptian consumer. We are proud to launch Perwoll for the first time in Egypt with its unique formula that introduces a new level of fabric care. This launch is more than just a new product, it represents the creation of an entirely new category in the local laundry market. It also reflects our ongoing commitment to local industry, as we continue to invest in and expand our manufacturing capabilities in Egypt.' Perwoll exemplifies Henkel's successful local expansion strategy, which includes a wide range of trusted brands across hair care, laundry, and home care segments. Henkel continues to invest in its manufacturing infrastructure and human capital to support the Egyptian economy and strengthen the competitiveness of local industry both regionally and globally. It's worth noting that Perwoll is a globally recognized brand in the fabric care segment, trusted by millions of consumers across more than 30 countries for its proven effectiveness in protecting colors and fabrics—making it a preferred choice in its category.
Business Insider
6 days ago
- Business
- Business Insider
A chemistry company is harnessing AI to develop new beauty products and stay on top of trend cycles
Albert Invent is a digital platform that uses AI-driven analysis to assist chemists with research. The platform integrates data from electronic lab notebooks to speed up product development. This article is part of " How AI Is Changing Everything: Supply Chain," a series on innovations in logistics. Cosmetic chemistry, or the science of making beauty products, is a complex process that requires understanding how ingredients interact with each other and with the skin. With so many variables to consider — safety, shelf lifespan, texture, and appearance — the process of blending ingredients for face creams, eye shadows, lipsticks, and other cosmetics can be time-consuming for chemists, who typically conduct independent research to figure out which compounds and minerals can work together to create a safe, effective, and sellable product. Albert Invent, based in Oakland, California, seeks to simplify this process for chemists with its digital platform called Albert. The company's CEO, Nick Talken, said Albert enables chemists to research and develop safe, high-performing products without the need to refer to the notebooks and spreadsheets where they typically store data. Since Albert integrates data that's already been stored in electronic lab notebooks and laboratory information management systems, chemists can come up with test-worthy formulations in less time. How AI can help chemists develop safe and effective cosmetics Albert is trained on more than 15 million molecular structures, Talken said. When chemists — from companies like the adhesive and cleaning supplies manufacturer Henkel, the Teflon-maker Chemours, and the chemical manufacturing company Nouryon — use the platform, they can look up which permutations of molecules will work best to achieve a specific goal. The platform was designed to capture the kind of information that chemists typically track in notebooks or on spreadsheets, such as the materials and substances they might use, their compositions, and processing steps. When a chemist asks Albert for input on which other substances work well with a particular ingredient, the system offers feedback on possible substance combinations and predicts the physical, toxicological, and visual properties of new compounds before they are synthesized in a lab. This AI-driven analysis gives formulators the opportunity to determine whether a concoction is safe and effective to produce, or whether they should scrap the idea, in minutes. Albert Invent partnered with Nouryon, which owns a collection of formulation strategies for the personal care industry (think cosmetics, hair care, and skincare products) that have been cleared as effective and safe. The result: a digital platform for developing new cosmetics formulations, called BeautyCreations. Instead of employing the traditional product-development methods of trial and error and real-time experimentation — methods that can typically take anywhere from four to six weeks — Nouryon's chemists can use BeautyCreations to look through the company's existing formulations for hair and skincare products and filter for results that match their desired safety standards and marketing claims, all while adhering to stringent development timelines. David Freidinger, the vice president of personal care and pharma at Nouryon, said this technology has enabled the company's chemists to develop new products from almost anywhere in the world. It's also improved the speed and quality of Nouryon's internal product development, as the company can look at BeautyCreations data to better understand market trends and prioritize development initiatives accordingly. An AI tool for chemistry beyond cosmetics Arthur Tisi, a former CTO and chief information officer who advises private equity and portfolio companies on digital technology strategies, said that the molecular AI technology behind Albert could be of use to other data-heavy industries in the future. "The ability to 'digitalize' our technical expertise and make it available to customers 24/7 enables accelerated scaling and efficiency in customer support," Tisi wrote in a recent email to BI. He added that tools like Albert are powerful because they offer both product-formula data and consumer insights. Tisi said that in the future, the value of molecular AI will go beyond its speed benefits. He said that this technology has the potential to uncover certain chemical formulations that scientists might miss. Freidinger said industries that use reams of empirical data to create products or deliver services could benefit from AI tools like Albert to improve speed and quality. "The same technology that speeds up skincare development can revolutionize personalized medicine, where rapidly identifying the perfect molecular combinations could mean delivering custom-targeted therapies for individual patients, potentially turning fatal diagnoses into manageable conditions," Freidinger said. Meanwhile, Talken said that Albert has the potential to be used for inventing new polymers and batteries.
Fibre2Fashion
22-05-2025
- Automotive
- Fibre2Fashion
German MNC Henkel & Sasol partner to cut adhesive carbon footprint
Henkel, a global leader in adhesives, sealants and functional coatings, and Sasol, a global leader in Fischer-Tropsch technology, have announced a strategic partnership focused on reducing the environmental impact of hot melt adhesives. Through the integration of Sasol's newly developed SASOLWAX LC product range into Henkel's TECHNOMELT portfolio for the European, Indian, Middle Eastern and African markets, Henkel is delivering advanced adhesive solutions with a reduced carbon emission impact, for consumer goods packaging manufacturers. Henkel and Sasol have partnered to reduce the carbon impact of hot melt adhesives by integrating Sasol's SASOLWAX LC100 into Henkel's TECHNOMELT range. The new wax offers a 35 per cent lower carbon footprint without performance loss. This supports Henkel's 2030 emissions goals and reflects both firms' commitment to science-based, sustainable solutions. SASOLWAX LC100, produced via Sasol's enhanced Fischer-Tropsch process, delivers a 35 percent reduction in Product Carbon Footprint (PCF) cradle-to-gate compared to proven baseline formulas without compromising on performance. As a drop-in replacement in Henkel's legacy formulations, it enables seamless adoption across production lines while aligning with Henkel's ambition to reduce absolute scope 3 GHG emissions by 30 percent by 2030 (base year 2021). The partnership reflects both companies' alignment with the Science Based Target initiative and commitment to credible sustainability practices. The PCF methodology applied to entire SASOLWAX value chain is rigorously developed and independently reviewed to comply with ISO 14040, 14044, and 14067 standards, ensuring transparency and trust in environmental claims. "This partnership exemplifies how innovation in material science can enable measurable benefits for our customers," said Corbett Wallace, Corporate Vice President, Consumer Goods, Henkel Adhesive Technologies. "As demand grows for more sustainable consumer goods, our collaboration with Sasol allows brands to achieve their environmental goals without trade-offs in quality or performance. Together, we are enabling smarter, more responsible choices across the value chain." "We are proud to join forces with Henkel in this strategic partnership, marking a key milestone on our aligned path to a more sustainable future," said David Mokomela, Senior Vice President Chemicals Marketing & Sales at Sasol. "The SASOLWAX LC range, with 35 percent PCF reduction, is only the first step in a broader roadmap toward further significant reductions. As our products are designed as drop-in alternatives, the market can quickly benefit from the next steps in carbon footprint reduction." TECHNOMELT adhesives are widely used in applications ranging from food and beverage packaging to hygiene and personal care products. With the incorporation of SASOLWAX LC100, Henkel empowers its partners to improve product sustainability at the material level, supporting consumer brands in delivering on their climate commitments and strengthening supply chain transparency. The partnership includes further exploration of renewable and recycled inputs, supported by Sasol's adaptable synthesis capabilities and joint efforts toward sustainable innovation. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (HU)
Yahoo
22-05-2025
- Business
- Yahoo
Russian lawmakers push for right to ignore Western company buyback options
(Reuters) -Russian lawmakers are pushing for new rules to give domestic companies the right to ignore any buyback options they agreed with Western firms that left the country, to keep a grip on strategic sectors and promote domestic production. Hundreds of foreign companies have left Russia since Moscow's invasion of Ukraine, by selling, handing the keys to existing managers, or abandoning assets. Many, including McDonald's, Henkel and Hyundai Motor, secured buyback deals in case they wanted to return. But Moscow is putting up barriers to re-entry, Reuters reported last month, and now, the State Duma's committee on property issues is seeking to enshrine those obstacles in law. "The bill sets out the specifics of the repurchase of assets by departing foreign investors," the committee said in a statement published on Thursday to accompany the bill's second reading in the lower house of parliament. "It allows Russian citizens and companies to refuse to return assets to foreign investors, subject to a number of conditions linked with their connection to unfriendly countries, dishonesty when selling assets and fulfilling obligations to employees and creditors." Essentially, buyback options can be rejected if the buyer is from a country that imposed sanctions against Russia, the deal was concluded after February 24, 2022 - the day Russia invaded Ukraine - and the purchasing price is below the asset's current market value. Furthermore, Russian authorities will be able to prohibit asset purchases by foreigners if there could be a significant impact on the Russian economy's development. Kremlin spokesman Dmitry Peskov on Thursday said Russia would be interested in the return of companies that left "carefully", but decried the "rude" companies that abandoned staff and sectors. "A special regime will naturally be applied during their attempts to return," Peskov said. The committee chair, Sergei Gavrilov, said the bill would protect the rights and interests of Russian businesses, but lawyers Reuters spoke to said cancelling these buyback options could lead to international arbitration. "The unilateral cancellation by the state of contractual obligations stipulated in investment agreements or even within the framework of ordinary civil legislation can be regarded as a violation of investment protection obligations," said Yekaterina Drozdova of law firm FTL Advisers. (Writing by Alexander Marrow; Editing by Elaine Hardcastle)
Reuters
22-05-2025
- Business
- Reuters
Russian lawmakers push for right to ignore Western company buyback options
May 22 (Reuters) - Russian lawmakers are pushing for new rules to give domestic companies the right to ignore any buyback options they agreed with Western firms that left the country, to keep a grip on strategic sectors and promote domestic production. Hundreds of foreign companies have left Russia since Moscow's invasion of Ukraine, by selling, handing the keys to existing managers, or abandoning assets. Many, including McDonald's (MCD.N), opens new tab, Henkel ( opens new tab and Hyundai Motor ( opens new tab, secured buyback deals in case they wanted to return. But Moscow is putting up barriers to re-entry, Reuters reported last month, and now, the State Duma's committee on property issues is seeking to enshrine those obstacles in law. "The bill sets out the specifics of the repurchase of assets by departing foreign investors," the committee said in a statement published on Thursday to accompany the bill's second reading in the lower house of parliament. "It allows Russian citizens and companies to refuse to return assets to foreign investors, subject to a number of conditions linked with their connection to unfriendly countries, dishonesty when selling assets and fulfilling obligations to employees and creditors." Essentially, buyback options can be rejected if the buyer is from a country that imposed sanctions against Russia, the deal was concluded after February 24, 2022 - the day Russia invaded Ukraine - and the purchasing price is below the asset's current market value. Furthermore, Russian authorities will be able to prohibit asset purchases by foreigners if there could be a significant impact on the Russian economy's development. Kremlin spokesman Dmitry Peskov on Thursday said Russia would be interested in the return of companies that left "carefully", but decried the "rude" companies that abandoned staff and sectors. "A special regime will naturally be applied during their attempts to return," Peskov said. The committee chair, Sergei Gavrilov, said the bill would protect the rights and interests of Russian businesses, but lawyers Reuters spoke to said cancelling these buyback options could lead to international arbitration. "The unilateral cancellation by the state of contractual obligations stipulated in investment agreements or even within the framework of ordinary civil legislation can be regarded as a violation of investment protection obligations," said Yekaterina Drozdova of law firm FTL Advisers.
