FRANKFURT ? ?German chemicals company BASF SE (BAS.XE) Monday said its subsidiary BASF Venture Capital GmbH has invested $13.5 million in Allylix Inc., a U.S.-based renewable specialty chemicals company.
MAIN FACTS:
-Allylix produces renewable specialty chemicals for industries including flavor and fragrance, food ingredients and cosmetics.
-BASF said the investment in Allylix could allow it to broaden use of renewable raw materials for sustainable chemical solutions in the future and leverage competency in aroma chemicals, nutrition and cosmetic chemicals.
- Allylix says it produces natural terpenes in greater quantities, of higher quality, and at significantly lower costs than traditional sources.
Copyright ? 2012 Dow Jones Newswires
Source: http://www.avidtrader.com/2012/03/basf-venture-capital-invests-13-5-million-in-us-company-allylix/
boo at the zoo when is daylight savings time 2011 when is daylight savings time 2011 renaissance festival melanie iglesias catherine tate theo epstein
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.