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Saturday, November 26, 2022
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BASF announces innovation partnership with RiKarbon on emollients derived from bio-waste

■ The partnership builds on RiKarbon Inc.'s successful R&D activities for new green emollients from biowaste for personal care formulations.

■ BASF will leverage its customer access and manufacturing capabilities to advance RiKarbon's technology and drive innovation in the personal care market.

■ Another example of Care 360° – Solutions for Sustainable Life from BASF's Care Chemicals division.

BASF and RiKarbon Inc,an American technology start-up, announce the signing of a partnership agreement for the exclusive license and commercialization of RiKarbon's proprietary technology.

RiKarbon's patented technology recycles biowaste into bio-based and biodegradable emollients for the global personal care market, supporting the industry's drive to find innovative sustainable solutions.

RiKarbon's successful R&D work demonstrated the conversion of biowaste into new, unique emollient chemical structures, while rapidly moving the technology from the laboratory scale to the pilot stage. This innovative technology makes it possible to manufacture a clear and odourless emollient that imparts excellent soft and silky sensory properties to personal care formulas. BASF intends to bring RiKarbon technology in-house and plans to launch the first solutions on the market in 2024.

Founded in 2018, RiKarbon's innovative technologies facilitate the commercial production of renewable chemicals and high-performance ingredients, such as base oils and emollients for renewable plastics, healthcare and specialty applications. These base oils and emollients contain up to 100% sustainable carbon of biological origin. They can be used to manufacture cosmetics that meet the growing market demand and help manufacturers meet regulatory requirements.

"It has been an exciting journey to bring our technology to this point where we can partner with BASF," said Professor Basudeb Saha, President, and CEO of RiKarbon Inc. "We look forward to this intense collaboration in the months and years to come."

"With this partnership, BASF continues to demonstrate its investment in open innovation and expand its innovative offerings to its customers," said Dr. Robert Parker, Director of New Business Development and Digital Head, Care Chemicals at BASF. The results of RiKarbon's laboratory tests are very encouraging and show the potential of innovation for the personal care market."

The partnership between BASF and RiKarbon is another example of how BASF's Care Chemicals division is meeting future challenges. Sustainability, digitalisation, innovation and new approaches to working together are the key cornerstones for Care 360° – Solutions for Sustainable Living.

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