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Indena To Sell Extracts

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By: TOM BRANNA

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ITALY: The Italian Group Indena has disclosed a preliminary agreement to transfer its cosmetic fluid extract lines, including the Phytelene and Cosmelene brands, to the French phytocosmetic specialists Greentech SA. The deal follows Indena’s decision to focus its cosmetic sector resources on the development of highly purified active principles and on standardized dry extracts. A new production facility is under construction....

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