Page 167 - CW E-Magazine (1-4-2025)
P. 167

News from Abroad


       ing sophorolipids, rhamnolipids, and a  nue to be independently managed solely   where BioReNuva already excels – will
       ready-made biotechnology-based  sur-  by the BioReNuva team. Commenting  be a large portion of total growth in the
       factant  blend.  Hallstar  said  the  mino-  on the thinking behind the move Hall-  beauty and personal care market.”
       rity stake will enable it to explore novel  star’s CEO, John Paro said, “Our exist-
       approaches  in  the  biosynthesis  space,  ing innovation in natural functional and   “Strategic  investors  contribute  to
       leveraging BioReNuva’s expertise and  active  ingredients  has  an  impressive  our  company’s  steady  growth,  and
       manufacturing capabilities.       track record, and has underscored custo-  allow  us  to  realize  key  goals  when  it
                                         mers’  passionate  need  for  ingredients  comes  to  technical  development,  pro-
          Under the terms of the deal, Hall-  that are safe, biodegradable, and effec-  duction  capacity,  and  expansion  into
       star will provide board-level oversight,  tive.  We  see  a  future  where  biotech   multiple  verticals,”  added  BioRe-
       while day-to-day operations will conti  excipients – biosurfactants, for example,   Nuva’s founder, Dennis Zlotnik.

       SUSTAINABLE MOBILITY
       SK On to supply batteries to support Nissan’s future


       EV production in US

          SK  On,  a  leading  supplier  of  bat-  will support 1,700 US jobs at SK On  is expected to exceed 180-GWh. “This
       teries  for  electric  vehicles  (EVs)  and  and will involve a total investment of  agreement underscores the strength of
       part  of  South  Korean  conglomerate,  $661-mn,  including  equipment  pur-  our battery technology and our growing
       SK Group, has inked a battery supply  chases. This is in addition to Nissan’s  presence  in  the  North  American
       agreement  with  Japanese  automotive  $500-mn  in  investments  for  EV  pro-  market,”  said  Seok-hee  Lee,  SK  On
       major,  Nissan,  to  support  the  latter’s  duction at the Canton Assembly Plant.  President and CEO.
       EV production in North America.
                                           The partnership marks SK On’s first   Nissan is accelerating its EV strategy
          Under  the  agreement,  SK  On  will  supply agreement with a Japanese auto-  as  part  of  its  global  long-term  vision.
       supply nearly 100-GWh of high-nickel  maker,  further  expanding  its  global  Last  year,  the  company  announced
       batteries to Nissan from 2028 to 2033.  customer base. SK On currently oper-  plans to launch 30 new models over the
       These  US-manufactured  batteries  will  ates two battery plants in the US and  next  three  years,  including  16  electri-
       power Nissan’s next-generation EVs to  is building four additional plants with  fied vehicles. Among those models are
       be produced at its Canton, Mississippi  partners.  Once  fully  operational,  SK  all-new EVs from its Canton assembly
       (US)  assembly  plant.  This  production  On’s  annual  US  production  capacity  plant starting in 2028.


       CANCER-LINKED CHEMICAL
       L’Oreal recalls acne treatment product in US

       on benzene contamination fears


          L’Oreal  is  recalling  all  lots  of  its  ago in many popular benzoyl peroxide   testing  found  trace  levels  of  the  con-
       acne treatment Effaclar Duo in the US  products  and  asked  the  US  Food  and  taminant in one lot of the product.
       because of concerns that the creams are  Drug  Administration  at the time to
       contaminated  with  benzene,  a  known  recall the contaminated treatments.  “Therefore,  in  close  coordination
       carcinogen.                                                        with  the  FDA,  we  have  proactively
                                           Benzoyl peroxide is known to break  decided to remove the limited remaining
          L’Oreal’s Effaclar Duo, sold under  down and form benzene under certain  units of the current formula of Effaclar
       the French company’s La Roche-Posay  circumstances.  A  natural  component  Duo  from  retailers,”  L’Oreal  said. An
       brand, is made with benzoyl peroxide,  of gasoline and tobacco smoke, it can  improved formulation of Effaclar Duo
       which kills bacteria to help treat acne.  cause leukaemia in high amounts, accor-  that’s been in development since 2024
       Valisure,  an  independent  lab  in  US,  ding  to  the  US  Centers  for  Disease  will  soon  be  available,  the  company
       flagged  benzene  contamination  a  year  Control  and  Prevention.  L’Oreal  said  added.


       Chemical Weekly  April 1, 2025                                                                  167


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