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Expands UV protection technology.
October 13, 2020
By: Happi Staff
Croda acquired a minority stake in Entekno Materials, a developer of next-generation particle technology, for £1.5 million. Phase one of the partnership will deliver the Solaveil MicNo range of mineral sunscreens that Croda will introduce to the market during the next few months. This unique range offers exceptionally high protection performance and non-whitening benefits, attributed to the products’ unique micro platelet zinc oxide structure. The range consists of coated and uncoated powders plus dispersion options, with Cosmos accreditation on several. Entekno will become an R&D partner, focused on driving innovation and delivering unique, natural and safe inorganic sunscreens to the market. “We combine scientific excellence with creativity, honesty and integrity and foster a strong sense of responsibility and faith in a better future” said Professor Ender Suvaci, founder & CTO of Entekno Materials. “We are delighted to be working in partnership with Croda, together we will create step changes within the solar protection arena, now and in the future.” Driven by its purpose, to use “Smart Science to Improve Lives,” Croda is tackling some of the biggest challenges the world is facing today and have made a commitment to be “Climate, Land and People Positive” by 2030. The Croda Purpose is perfectly aligned with Entekno’s ethics and both companies recognize the synergies that their partnership offers to such an important sector of the personal care industry. One of Croda’s Hero Targets within its “People Positive” commitment is to protect at least 60 million people annually from potentially developing skin cancer from harmful UV rays, through the use of sun care ingredients. “Smart Science and an ongoing commitment to innovation and collaborative partnerships, such as this one, are key to achieving this target” states Jennifer Hart, global managing director of Croda’s Beauty Effects Business. “We are excited about the future of solar protection and the innovative solutions that Croda and Entekno Materials will work together to deliver.”
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