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Renewable Ingredient Firm Signs Givaudan, Boasts $10 Mil. "Pipeline Of Interest"

This article was originally published in The Rose Sheet

Executive Summary

Renewable ingredients supplier Amyris is positioning itself as a go-to player in the sustainable cosmetics arena, projecting nearly $10 million in potential sales of cosmetic emollient squalane and announcing a new deal with Swiss fragrance house Givaudan.

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Givaudan Strikes Deal For Amyris Ingredients, Long-Term Partnership

The deal has Amyris selling three key cosmetic ingredients to Givaudan and producing more biotech ingredients for the Swiss firm over the long term. “In the future, we will continue to push the boundaries of biotech, creating new sustainable innovations for a better beauty future,” says Givaudan’s Maurizio Volpi, president, Fragrance and Beauty.

Biotech Amyris: ‘We Have Built The Fastest-Growing Consumer Business In Health, Beauty And Wellness’

Emeryville, CA-based Amyris launches the Stripes menopause care line with actress Naomi Watts, as well as Gen Z-targeted EcoFabulous skin care and cosmetics, acquired last year. The biotech projects its burgeoning Consumer business will grow more than 150% in 2022.

Amyris To Fuel Consumer Brands Momentum With Clean Hair-Care Launch

The California-based sustainable ingredients and clean beauty firm has teamed with hairdresser and television personality Jonathan Van Ness for a clean hair-care line, after net sales in its consumer brands business more than tripled in the fiscal 2020 third quarter, announced in November 2020.

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