Aligns with cutting-edge biotechnology companies to aim for sustainable and innovative product development
NIKKOL GROUP, a leading Japanese cosmetic specialty chemical provider, today announced it has signed a definitive agreement to establish a cosmetic ingredients joint venture with Amyris, Inc., the industrial bioscience company. The joint venture will be located in the United States in 2017. The investment ratio will be 50% each from the NIKKOL GROUP and Amyris.
NIKKOL GROUP has been involved in the sugarcane-based Squalane business since the product’s inception by Amyris. By establishing a joint venture company, we have implemented a system to correspond to future expansion demands for products such as “NIKKOL SUGARSQUALANE” and “NEOSSANCE HEMISQUALANE (HYDRATION FARNESENE)”.
Also, we aim to expand our business in the global market by taking advantage of the experience of supplying Squalane for about 60 years. In addition, we have our sights on setting up a joint venture for an overseas manufacturing base to complement our operations in Singapore. We are planning to develop sustainable and innovative products through the synergy of the colloid chemistry and dermatological technology of NIKKOL GROUP and the biotechnology of Amyris.
・About NIKKOL GROUP
NIKKOL GROUP is a specialty chemical company known as one of the world’s leaders in the cosmetic ingredient industry. NIKKOL GROUP includes seven core companies for sales, R&D, manufacturing, safety and efficacy evaluation based on colloid chemical and skin science in Japan and overseas. NIKKOL GROUP has focused its business on the core strategy “Green, Clean, Sustainable” to achieve its business success. With 70 years’ experience and the concept of “One-Stop Services,” we have been supporting our customers through a variety of NIKKOL GROUP branded products, innovative formulation, tailor-made consultation, and rigorous safety and efficacy evaluation. More information about the company is available at www.nikkol.co.jp/en/.
Amyris is the integrated renewable products company that is enabling the world’s leading brands to achieve sustainable growth. Amyris applies its innovative bioscience solutions to convert plant sugars into hydrocarbon molecules and produce specialty ingredients and consumer products. The company is delivering products across a number of markets, including specialty and performance chemicals, flavors and fragrances, cosmetics ingredients, pharmaceuticals and nutraceuticals. More information about the company is available at www.amyris.com.