Global Bioenergies (Euronext Growth Paris: ALGBE) today announced delivery of a first batch of sustainable cosmetic ingredients to L’Oréal. It was produced as part of the ISOPROD project, supported by the French State’s Investments for the Future Program.
Using proven technologies, Global Bioenergies condensed isobutene molecules to produce a cosmetic ingredient used in numerous formulations for its texturing properties. The ingredient is one of the six main components used in cosmetics.
Global Bioenergies’ innovation produces the ingredient based on plants as an alternative to the fossil resources used in the industry today. Our bio-isobutene was first converted by the Fraunhofer Institute in Germany and then purified before delivery to L’Oréal. This is a test batch. L’Oréal will use the new ingredient in its cosmetic formulations and check that the results meet their specifications.
Marc Delcourt, CEO of Global Bioenergies, said: “Delivery of this batch of renewable ingredient is a major step forward in the ISOPROD project. It will be followed by other batches, produced as part of both ISOPROD and another European programme in partnership with two leading specialty chemical companies, CLARIANT and INEOS. L’Oréal is the leading cosmetics firm to promote leaving fossil resources out of its formulas. The transition to sustainable chemicals and materials is accelerating as a growing number of major companies similarly drive the change towards a greener future.”