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Evonik Buys Wilshire Technologies

Expands Evonik’s sustainable cosmetic active ingredients portfolio.

Evonik will acquire Wilshire Technologies Inc., with the transaction to be completed by the end of the month. A purchase price was not disclosed. Wilshire Technologies, Princeton, NJ, supplies phytochemicals and derivatives to the global cosmetic and pharmaceutical industries. The new home for the cosmetics part of Wilshire’s product portfolio will be in Evonik’s Care Solutions business line.  Wilshire Technologies has developed a strong technology which obtains products based on renewable an...

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