EMERYVILLE, Calif., Sept. 09, 2016 (GLOBE NEWSWIRE) -- Amyris, Inc. (Nasdaq:AMRS), the industrial bioscience company, is pleased to announce it has been named a Gold Winner for its Neossance® Hemisqualane high-performance ingredient by Cosmetics Design USA for ‘Best Ingredient Made From Recycled Materials’. Cosmetics Design is partnering with the inaugural In-Cosmetics North America event to showcase this prestigious award for best ingredient developed using recycled, repurposed, by-products, or waste materials. In-Cosmetics shows are the biggest cosmetic ingredient trade shows in the B2B cosmetics industry that, this year, are convened in Paris, Seoul, New York, Sao Paulo, and Bangkok. Amyris submitted Neossance Hemisqualane for consideration of this award in partnership with its customer, Boticário Group, one of the largest cosmetics companies in Brazil with more than 4,000 stores. Boticário Group, which has demonstrated several benefits of using Amyris’s innovative Neossance Hemisqualane ingredient in makeup remover applications it plans to launch, initiated the proposed entry for this award. The awards ceremony took place during the In-Cosmetics trade show on September 7th, 2016, in New York.
We're very pleased with the continued industry recognition of the high-performance characteristics of our sustainable Neossance ingredients,” said Caroline Hadfield, Amyris’s Senior Vice President, Personal Care. “This, coupled with growing consumers’ desire to use products that are non-toxic and based on renewable resources, is supporting expansive growth for our Neossance® Squalane and Neossance Hemisqualane ingredients with what now numbers over 500 of the world’s leading cosmetic brands utilizing these ingredients.”
Boticário Group confirmed the benefits of Neossance Hemisqualane for skincare applications after thorough testing. In addition, their analysis also showed that the raw material has low environmental impact due to its biodegradability and aquatic non-toxicity.
The introduction of more sustainable raw materials is one of the initiatives adopted by Boticário Group within our sustainability strategy,” said Gustavo Dieamant, Technological Research Manager of Boticário Group. “Amyris’ recognition by the Cosmetics Design USA award is a great example of this strategy that engages our partners in supporting positive business goals that bring good results for customers and support sustainable initiatives.”
Rapid adoption of Amyris’s Neossance Hemisqualane since its launch has been supported by the ingredient’s broad applicability for a variety of cosmetic products. For cosmetics and personal care applications, Neossance Hemisqualane offers:
Amyris is the integrated renewable products company that is enabling the world’s leading brands to achieve sustainable growth. Amyris applies its innovative bioscience solutions to convert plant sugars into hydrocarbon molecules, specialty ingredients and consumer products. The company is delivering its No Compromise® products in focused markets, including specialty and performance chemicals, fragrance ingredients, and cosmetic emollients. More information about the company is available at www.amyris.com.
About Boticário Group
Established in 2010, the Boticário Group is an international reference in retail beauty. Boticário Group controls four business units (O Boticário; Eudora; quem disse, berenice?; as well as The Beauty Box), and is the maintainer of the Boticário Group Foundation for Nature Protection. It is present in nine countries and has a workforce consisting of 7,000 direct employees who believe that beauty is not what we dream, imagine or want. Beauty is what we do. For more information on Boticário Group please visit: http://www.grupoboticario.com.br/en-us
This release contains forward-looking statements, and any statements other than statements of historical fact could be deemed to be forward-looking statements. These forward-looking statements include, among other things, statements regarding future events (such as future consumer use of non-toxic products and future customer adoption and sales growth of Neossance ingredients) that involve risks and uncertainties. These statements are based on management's current expectations and actual results and future events may differ materially due to risks and uncertainties, including the company's liquidity and ability to fund operating and capital expenses, Amyris's reliance on third parties to comply with contractual terms and dependence on third-party success in commercializing products made from Biofene, timing and execution risks associated with development and manufacturing, potential delays or failures in development, production and commercialization of products, and other risks detailed in the "Risk Factors" section of Amyris's quarterly report on Form 10-Q filed on August 9, 2016 . Amyris disclaims any obligation to update information contained in these forward-looking statements whether as a result of new information, future events, or otherwise.
Amyris, the Amyris logo, Neossance, and Neossance Hemisqualane are trademarks or registered trademarks of Amyris, Inc. All other trademarks are the property of their respective owners.
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