Innospec Inc. to Collaborate With Huntsman
April 25, 2010
NEWARK, DE -- Innospec Inc., Newark, DE, has announced the launch of a major new collaborative venture with Huntsman Corp., The Woodlands, TX, in the personal-care market.
The collaboration brings together Huntsman's novel isethionate surfactant technology and Innospec's global sales and applications expertise in the personal-care market.
Under an exclusive agreement, Innospec and Huntsman will cooperate to continue developing and to commercialize Innospec's new mild surfactant, Iselux®. Huntsman will focus on manufacturing the surfactant's key raw material, and Innospec will manufacture and market the finished surfactant, initially from its plant in Spencer, NC.
Innospec Inc. is an international specialty chemicals company with approximately 800 employees in 23 countries. Innospec manufactures and supplies a wide range of specialty chemicals to markets in the Americas, Europe, the Middle East, Africa and the Asia-Pacific region.