STOCK TITAN

Sasol Chemicals and Solugen will evaluate effectiveness of sustainable ingredients in care chemicals applications

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Sasol Chemicals and Solugen partner to explore commercialization of sustainable ingredients for home and personal care products
Positive
  • Sasol Chemicals and Solugen will evaluate the effectiveness of Solugen's proprietary products in surfactant formulations, focusing on chelating agents
  • Solugen's bio-based ingredients are high-performing and cost-competitive materials used in detergents, cleaning products, and personal care products
  • Solugen's process offers a significant reduction in carbon footprint compared to conventional ingredients, resulting in overall carbon negative or neutral GHG emissions
Negative
  • None.

HOUSTON--(BUSINESS WIRE)-- Sasol Chemicals, a business unit of Sasol Ltd. (JSE: SOL; NYSE: SSL), and Solugen today announced an agreement to explore commercialization of new solutions to meet rapidly growing consumer demand for sustainable ingredients in home and personal care products.

Sasol Chemicals will evaluate the effectiveness of Solugen’s proprietary products, blends and derivatives in its household, personal care, and industrial and institutional cleaning surfactant formulations, initially focusing on chelating agents.

“This agreement is an example of our approach of partnering to find innovative solutions for our customers,” said Jonathan Ward, Senior Manager of Strategy and Sustainable Growth for Sasol’s Essential Care Chemicals business division. “Our focus is delivering high-performing products with lower carbon footprints at competitive prices, and we are eager to see how Solugen’s products might help us do that.”

Solugen’s bio-based ingredients are high-performing and cost-competitive materials used in detergents, cleaning products, and personal care products. Solugen manufactures these ingredients at its Bioforge facility in Houston, which uses a first-of-its-kind chemienzymatic process to convert plant-derived substances into essential materials that traditionally relied on fossil fuels – all with no or low emissions and waste.

"We are thrilled to partner with Sasol Chemicals, one of the world’s largest producers of surfactants, to drive positive impact in the home and personal care market,” said Gaurab Chakrabarti, Chief Executive Officer of Solugen. “Sasol’s commitment to sustainability makes it an ideal partner for Solugen. We look forward to leveraging our combined strengths in technology, production, and market development to meet increasing consumer demand for our high-performance, bio-based solutions.”

The high efficiency and scalability of Solugen’s process offers an extensive reduction in carbon footprint compared with conventional ingredients, resulting in overall carbon negative or neutral GHG emissions (cradle-to-gate).

About Sasol Chemicals

Sasol Chemicals partners with our customers, suppliers, employees, and communities to create innovative solutions for a better world. Our unique chemistry provides the building blocks for a sustainable future and is used by more than 6 500 customers in 120 countries in countless products that improve the quality of life for people around the world.

Sasol Chemicals is a business of Sasol Limited. For more information, visit the Sasol Chemicals website.

About Solugen

Solugen is a groundbreaking technology company on a bold mission to decarbonize the physical world.

At the heart of our innovation is the world’s first carbon-negative molecule factory—the Bioforge™. This unique manufacturing platform uses a chemienzymatic process to convert plant-derived substances into essential materials that have historically been made from fossil fuels—all without emissions or waste.

A highly scalable and localized alternative to conventional approaches, the Bioforge™ enables us to produce a range of high-performance, cost-competitive, and sustainable solutions to meet the diverse needs of our customers.

For more information, visit Solugen.com.

Karen Clapp

Communications Manager, Essential Care Chemicals

Sasol Chemicals

Karen.Clapp@us.sasol.com

Tom Richardson

Vice President of Marketing

Solugen

Tom.Richardson@solugen.com

Source: Sasol Chemicals

FAQ

What is the partnership between Sasol Chemicals and Solugen?

Sasol Chemicals and Solugen have partnered to explore the commercialization of sustainable ingredients for home and personal care products.

What will Sasol Chemicals evaluate?

Sasol Chemicals will evaluate the effectiveness of Solugen's proprietary products, blends, and derivatives in surfactant formulations, with a focus on chelating agents.

What are Solugen's bio-based ingredients used for?

Solugen's bio-based ingredients are used in detergents, cleaning products, and personal care products.

What is unique about Solugen's manufacturing process?

Solugen uses a chemienzymatic process to convert plant-derived substances into essential materials, reducing carbon footprint and emissions.

What are the environmental benefits of Solugen's process?

Solugen's process offers a significant reduction in carbon footprint compared to conventional ingredients, resulting in overall carbon negative or neutral GHG emissions.

Sasol Limited

NYSE:SSL

SSL Rankings

SSL Latest News

SSL Stock Data

4.85B
457.33M
1.33%
0.64%
Petroleum Lubricating Oil and Grease Manufacturing
Manufacturing
Link
United States of America
Johannesburg

About SSL

sasol is an international integrated energy and chemicals company that leverages the talent and expertise of our more than 31 000 people working in 37 countries. we develop and commercialise technologies, and build and operate world-scale facilities to produce a range of high-value product streams, including liquid fuels, chemicals and low-carbon electricity. while remaining committed to our home-base of south africa, sasol is expanding internationally based on a unique value proposition. by combining the talent of our people and our technological advantage, sasol has been a pioneer in innovation for over six decades. as market needs and stakeholder expectations have changed, so too have our methods, facilities and products, driving progress to deliver long-term shareholder value sustainably. the growth and enhancement of our foundation businesses in southern africa is complemented by the significant chapter of growth, sasol has entered in its history. the company is listed on t