Lubrizol Skin Care Actives Combine Under One Name in North America
(Thomson Reuters ONE) -
News Release
Lubrizol Skin Care Actives Combine Under One Name in North America
CLEVELAND, January 19, 2017- The Lubrizol Corporation announces today that
Active Organics(®) a provider of natural extracts and performance ingredients
and Lipotec LLC, a leader in active ingredients for skin care will now be
combined and operate under the name Lipotec USA, Inc. This name change is
effective immediately. Lubrizol previously acquired both companies in order to
expand its skin care offerings portfolio. Under the new name, Lipotec USA, Inc.
will be located at the current address of Active Organics, Inc.: 1097 Yates
Street, Lewisville, Texas.
Lubrizol began promoting Active Organics(®) as a brand under the Lipotec
umbrella in 2015 to address the changing consumer demands in the skin care
market. The move was part of the company's mission to provide customers with
innovative products, comprehensive assistance and the necessary resources and
services to support its growth and skin care initiatives, all in the fastest and
most effective way possible.
About Lubrizol Personal and Home Care
We develop, manufacture and market a broad range of specialty chemicals for skin
care, hair care, bath and shower, surface care and fabric care. Our innovative
ingredients and additives modify physical properties, enhance functional
performance and deliver aesthetic benefits to drive key consumer product claims.
The addition of Active Organics' botanical extracts and Lipotec's peptide-based
active cosmetic ingredients strategically expands our product portfolio and
builds upon our current capabilities, formulations expertise and global
manufacturing footprint to take innovation to the next level. We are
persistently committed to providing you with powerful, proven solutions so you
can formulate with confidence(TM).
About The Lubrizol Corporation
The Lubrizol Corporation, a Berkshire Hathaway company, is a technology-driven
global company that combines complex, specialty chemicals to optimize the
quality, performance and value of customers' products while reducing their
environmental impact. It produces and supplies technologies to customers in the
global transportation, industrial and consumer markets. These technologies
include lubricant additives for engine oils, driveline and other transportation-
related fluids, industrial lubricants, as well as additives for gasoline and
diesel fuel. In addition, Lubrizol makes ingredients and additives for home care
and personal care products and specialty materials encompassing polymer and
coatings technologies, along with polymer-based pharmaceutical and medical
device solutions. Our products for the oilfield market include technologies for
exploration, production and transportation.
With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing
facilities in 17 countries, as well as sales and technical offices around the
world. Founded in 1928, Lubrizol has approximately 9,000 employees
worldwide. Revenues for 2015 were $7 billion. For more information, visit
Lubrizol.com.
Media Contact
Lee Roberts
216.447.6117
Website: www.lubrizol.com
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Lubrizol via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 19.01.2017 - 20:33 Uhr
Sprache: Deutsch
News-ID 518849
Anzahl Zeichen: 4022
contact information:
Town:
Wickliffe, Ohio
Kategorie:
Business News
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