Page 170 - CW E-Magazine (17-12-2024)

News from Abroad

ADVANCING CLIMATETECH INNOVATIONS
MANUFACTURER & EXPORTER
Greentown Labs and Evonik invite applications for A GMP, ISO ( 9001:2015, 14001:2015 and 45001:2018), FSSAI, HALAL & KOSHER CERTIFIED COMPANY

‘Go Make 2025’ from startups in personal care sector AVAILABLE IN GRADE : IP/BP/USP/EP/FCC

• COPPER SULPHATE ANHYDROUS
Greentown Labs, a US-based commitment to creating a more sustain-
climatetech incubator, and German able future,” said Mr. Anil Saxena, Vice • SODIUM DIHYDROGEN ORTHOPHOSPHATE DIHYDRATE
speciality chemicals fi rm, Evonik, have President RD&I at Evonik.
begun accepting applications for the • DI-SODIUM HYDROGEN ORTHO PHOSPHATE ANHYDROUS
‘Greentown Go Make 2025’. Greentown runs ‘Greentown Go’
programmes across five tracks: Go • DI-SODIUM HYDROGEN ORTHO PHOSPHATE DIHYDRATE
Designed to accelerate startup-cor- Build (buildings), Go Energize (energy
porate partnerships to advance climate- and electricity), Go Grow (food and • TRI-SODIUM PHOSPHATE DODECAHYDRATE
tech, this ‘Greentown Go’ programme mentally friendly alternatives. Evonik agriculture), Go Make (manufac-
is focused on increasing sustainabi- aims to meet this consumer-driven turing), and Go Move (transportation). • POTASSIUM PHOSPHATE MONOBASIC
lity within the personal care industry demand with sustainable ingredients for These startup-corporate partnerships
through the development, introduction, personal care products that are safe for programmes challenge the status quo • POTASSIUM PHOSPHATE DIBASIC
and commercialisation of technolo- people and the environment. In September within each key greenhouse-gas sector
gies that reduce products’ manufactur- 2024, Evonik announced a new as they accelerate partnerships between • SODIUM CARBONATE ANHYDROUS /MONO
ing-related emissions and end-of-life innovation strategy with an increased industry giants and innovators.
environmental impact. It is specifi cally focus on sustainability and is bundling • MANGANESE SULPHATE
focussed on biodegradable polymers a large proportion of its R&D activities “The building blocks of the personal
and sustainable speciality chemicals for in three new innovation growth areas: care industry are ripe for climatetech • MANGANESE CHLORIDE
personal care. bio-based solutions, the energy transi- innovation, and there’s no better part-
tion, and the circular economy. These ner for harnessing this opportunity than • MAGNESIUM SULPHATE ANHYDROUS
Startups selected for the programme areas are predicted to generate more Evonik, a global leader in speciality
will gain access to mentorship, net- than $1.5-bn in additional sales by chemicals,” said Ms. Aisling Carlson, • POTASSIUM NITRATE
working opportunities, and educational 2032, compared to a 2023 baseline. Senior Vice President of Partnerships at
workshops throughout the highly struc- Greentown. • POTASSIUM CHLORIDE
tured, four-month programme. Benefi ts “The ‘Greentown Go’ programme
for the participating startups include: represents an exciting opportunity for Applications for Go Make 2025 • POTASSIUM BROMIDE
 A structured platform to engage startups to showcase their ground- are due by January 23, 2025. Appli-
leadership from Evonik and explore breaking solutions in sustainable chemi- cants may apply from anywhere in the
potential partnership outcomes, stry. We are eager to identify and col- world at https://greentownlabs.com/go- IN BULK LR / AR GRADE CHEMICALS
including joint development, licensing, laborate with companies that share our make/.
investment, etc.; Novo Holdings’ acquisition of Catalent gets POTASSIUM DICHROMATE STARCH (POTATO) SOLUBLE
 Mentorship, networking oppor-
tunities, and partnership-focused European Commission nod POTASSIUM CHROMATE BARIUM BROMIDE
programming from the Greentown Catalent, a US-based CDMO, and Novo Holdings,” said Mr. Alessandro SODIUM NITRATE ZINC BROMIDE
community of climatetech startup Novo Holdings, a Danish life sciences Maselli, President and CEO of Cata- BISMUTH NITRATE /SUBNITRATE STRONTIUM BROMIDE
experts; and investment fi rm, have announced that lent. “With the European Commission’s
 Exclusive access to the Greentown the European Commission (EC) has approval, we are one step closer to CADMIUM NITRATE /SULPHATE CADMIUM BROMIDE /OXIDE
and Evonik networks. granted unconditional approval for the delivering the benefi ts of this transac-
pending transaction under which Novo tion,” added Mr. Jonathan Levy, Senior QUALIKEMS LIFESCIENCES PVT. LTD.
Personal care products are said to Holdings will acquire Catalent. Partner, Novo Holdings.The transac- H.O & WORKS: Plot No.68-69, G.I.D.C Industrial Estate, Nandesari,
represent 0.5-1.5% of global green- tion is expected to close towards the Vadodara - 391340 (GUJARAT).
house-gas emissions and contribute “We are pleased to have received end of calendar year 2024, subject to
to environmental pollution after use. European Commission approval, which the satisfaction of other customary Telefax : + 91-265-2841531,32,34,35 • Mobile: +91-92275 36999
Consumers are increasingly demanding is a signifi cant milestone toward com- closing conditions, including receipt of Email: salesindia@qualikems.com & Info@qualikems.com
more sustainable, natural, and environ- pleting our pending transaction with all requisite regulatory clearances. Web : www.qualikems.com
KNS ADI
170 Chemical Weekly December 17, 2024

Contents Index to Advertisers Index to Products Advertised