Novozymes Jan-Sep 2012: household care enzymes sales

Novozymes Jan-Sep 2012: household care enzymes sales

FOCUS of $19.2 M in 3Q 2011). For the ninemonth period, net income rose 9% to $64 M (net income of $58.8 M in first nine months of 2011). Net sales fo...

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FOCUS of $19.2 M in 3Q 2011). For the ninemonth period, net income rose 9% to $64 M (net income of $58.8 M in first nine months of 2011). Net sales for 3Q 2012 declined 12% to $441 M. Research, development and technical service expenses were $10.8 M during 3Q 2012 ($10.1 M in 3Q 2011) and $33.1 M during the first nine months of 2012 ($31.0 M in the same period of 2011). For the surfactants segment, 3Q net sales were down 13% to $313 M but gross profit increased 9% to $46 M. A 2% decline in volume was largely confined to commodity surfactants, with higher value-added surfactants for house hold and I&I cleaning and agricultural products posting higher sales volumes. Original Source: Stepan Co, 2012. Found on PR Newswire, 24 Oct 2012, (Website: http://www.prnewswire.com)

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America now account for more than half of sales. Sales in Europe fell 0.9%. Indian subsidiary Hindustan Unilever (HUL) posted a 17% higher net profit at Rup 8.1 bn (c €115 M) on a turnover of Rup 61.5 bn for its 2Q ended Sep 2012 (net profit of Rup 6.9 bn on a turnover of Rup 55.1 bn in 2Q ended Sep 2011). Volume growth was lower at 7% in 2Q 2012-2013 as against 9-10% growth in the last few quarters. During 2Q 2012-2013, the soaps and detergents division recorded 22% growth and the personal products division 12% as against 14% in 2Q 2011-2012. Original Source: Nachrichten fuer Aussenhandel, 26 Oct 2012, (Website: http://www.maerkteweltweit.de) (in German) © MBM Martin Brueckner Medien GmbH 2012. Original Source: Business Standard, 27 Oct 2012, 15 (100), I.2 (Website: http://www.business-standard.com/) © Business Standard Ltd 2012

Novozymes Jan-Sep 2012: household care enzymes sales Compared with the first 9 months of 2011, Novozymes’ household care enzymes sales for Jan-Sep 2012 increased by 14% in DKR and by 12% in local currency (LCY) to DKR 2.85 bn (c €380 M). The strong sales growth was driven by a continued increase in penetration of enzymes across detergent tiers to enhance wash performance, enable lowtemperature washing and replace traditional chemicals in detergent formulations. Sales of household care enzymes to the emerging markets continued to be a strong contributor to global sales growth. For 3Q 2012, household care enzymes sales were up 13.5% to DKR 989 M (3Q 2011: DKR 871 M). Original Source: Novozymes A/S, Krogshojvej 36, 2880 Bagsvaerd, Denmark, tel: +45 4446 0000, fax: +45 4446 9999, e-mail: [email protected], website: http://www.novozymes.com (25 Oct 2012) © Novozymes 2012

Unilever profits from higher prices Unilever profited in particular from good business in emerging countries in 3Q 2012. It posted growth in Asia and Latin America especially. Thanks to higher selling prices, sales were up around 10% at €13.4 bn. Business was less good in W Europe. After adjusting for takeovers and currency effects, sales were up 5.9%. Emerging markets in Asia and S JANUARY 2013

COMPANY NEWS Ashland opens technical centres in Mumbai and Shanghai Ashland Specialty Ingredients, a commercial unit of Ashland Inc, has opened a new Care Specialties Technical Centre in central Mumbai, India, to better support producers of personal and home care products in India and Southeast Asia, including Singapore, Malaysia and the Philippines. The centre will serve as a focal point for the R&D work Ashland conducts on behalf of customers with operations in the region. Activities will centre on bringing new personal and home care innovations to market and providing technical support that may be required to meet consumers’ rising expectations for higher-performing products. The facility includes dedicated formulation laboratories for hair, skin, oral and home care applications; a microbiology lab for preservative efficacy studies; and a laboratory designed for customer collaborations. A company official said that with approximately 15% year-over-year growth in personal care expenditures, India is a market that increasingly requires the company’s technical team. The Mumbai facility will benefit Ashland’s

clients such as Hindustan Unilever, P&G, Colgate Palmolive, L’Oreal, Godrej Consumer Products, Emami, Dabur India, Cavin Kare, Himalaya and Marico Industries, among others. Ashland Specialty Ingredients has also opened a new technical centre in Shanghai, China, reinforcing its commitment to developing solutions for consumer-goods customers in industries such as personal care, pharmaceutical, food and beverage. The new technical centre for R&D, application technology and services employs around 25 chemists and technical service professionals. With the opening of the two new centres, Specialty Ingredients now operates 22 R&D and technical centres around the world. These facilities will play a key role in helping the unit achieve its long-term goal of deriving 25% of annual sales from products introduced in the past five years. Original Source: Ashland Inc, 50 East RiverCenter Boulevard, PO Box 391, Covington, Kentucky 410120391, USA, tel: +1 859 815 3333, website: http://www.ashland.com/ (11 & 18 Oct 2012) © Ashland 2012. Original Source: Chemical Weekly, 23 Oct 2012, 138 (Website: http://www.chemicalweekly.com/) © Sevak Publications & Chemical Weekly Database P Ltd 2012

Rivertop Renewables opens new labs and semi-works facility Rivertop Renewables, in partnership with the University of Montana and the Montana Technology Enterprise Center (MonTEC), celebrated the completed renovation of Rivertop’s chemistry labs and office space, and construction of its semi-works facility. Located at the MonTEC building in Missoula, the expanded and updated headquarters will enable Rivertop to continue research, development and production scale-up. The company has developed proprietary technology that can produce sustainable, highperforming, cost-competitive renewable chemicals from natural sugars [see also Focus on Surfactants, May 2012 & Jan 2010]. At the new facility, the company is currently developing sustainable replacements for phosphates in detergents, bio-based corrosion inhibitors for use in road deicers, and products for the petroleum industry. Original Source: Rivertop Renewables, 2012. Found on Marketwire, 26 Oct 2012, (Website: http://www.marketwire.com)

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