Altana sells cosmetics natural mica pearlescent business Indian firm

Altana sells cosmetics natural mica pearlescent business to Indian firm

2:42 AM, 19th December 2011
Altana sells cosmetics natural mica pearlescent business to Indian firm


WESEL/HARTENSTEIN, GERMANY: The Eckart effect pigments division of Altana has signed an agreement on 15 December 2011, to sell the natural mica pearlescent business for cosmetics to Sudarshan Chemical Industries Limited, India.

This business comprises all products under the well known brand names Prestige and Flonac-C that have been produced at Eckart’s Finnish plant in Pori. Sudarshan will add the new pearlescent product lines Prestige and Flonac-C to their existing pearlescent pigment portfolio sold under the Sumicos brand name. The complete portfolio will be manufactured at Sudarshan’s facilities.

Sudarshan will conduct the business after closing which is expected for 23 January 2012. In future, the business line cosmetics of Eckart will continue to focus on its core businesses with metallic effect pigments and pearlescent pigments based on borosilicates and synthetic mica.

(C) WOC News




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