Preservative Innovation Competition Will Launch Imminently, GC3 Says
This article was originally published in The Rose Sheet
Leading personal-care firms are hopeful that early-stage innovators won’t be the only winners in a competition launching within weeks to identify promising new preservative technologies. Entrants can walk away with a prize of $25,000 or more, but the real draw is the opportunity to partner with a corporate sponsor.
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Avisco, a biotech startup focused on the antimicrobial properties of the Inula viscosa plant, and IMD Natural Solutions, whose INS Glycolipid mushroom extract purportedly is “up to 80 times more effective than traditional preservatives,” are among winners named Aug. 6 by GC3.
Aug. 24 is the deadline to submit early-stage preservative technologies for personal-care and household products to the Green Chemistry & Commerce Council’s Preservative Challenge, backed by a fleet of industry sponsors, including major chemical suppliers. GC3 says over 160 innovators have registered in the competition portal, with 15 submissions thus far and "a flurry of activity" expected in the final week.
The European Commission intends to move formaldehyde, paraformaldehyde, quaternium-15 and chloroacetamide from the EU Cosmetics Regulation's permitted preservatives annex to its prohibited substances annex, according to a recent notification. With formulators' preservative options dwindling, an EC official advised industry in June to take measures to safeguard those that remain available.