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Air Products Unveils InuMax Advanced Retinol Solution

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Air Products & Chemicals Inc.APD declared that its Materials Technologies unit has launched InuMax Advanced Retinol Cosmetic Active, an innovative solution for high-load retinol delivery, at the Society of Cosmetic Chemists (SCC) California Chapter Suppliers Day tradeshow in Long Beach, CA. The solution is based on Air Products' newly developed InuMax technology and is geared specifically to exhibit excellent ingredient delivery and stability performance where higher-actives loads are preferred.

InuMax technology is part of a growing portfolio of delivery system technologies for cosmetic applications by the Materials Technologies Additives business. These proprietary technology platforms are able to target skin sites that range from the skin surface to within skin cells.

Retinol, a trusted product among customers, is believed to improve the appearance of skin. The brands are now differentiating their products through retinol use-level claims, such as "Contains 0.3% Retinol" in Europe or "Contains 1% Retinol" in the U.S. These claims are especially important for products targeting the professional, spa, and dermatological markets to strengthen their clinical, high-performing nature.

Air Products' new InuMax Advanced Retinol technology lowers the risk of skin irritation with high retinol levels and removes the yellowing of a formulation. The technology addresses these gaps and offers high degree of retinol stability and lower skin irritation. Apart from this, it also leverages an innovative, new technology that offers brilliant performance in delivering retinol to deeper skin layers that provide a number of benefits and make it an excellent and valuable product for customers.

Revenues from the Materials Technologies segment went up 3% year over year to $540 million in third-quarter fiscal 2015 (ended Jun 30, 2015). Underlying sales rose 7% on the back of 4% higher volumes and a 3% increase in pricing. However, these improvements were partly offset by unfavorable currency impact of 4%. Sales of Electronics Materials increased 18% on volume growth in all business units and stronger pricing. Performance Materials' sales dropped 2% year over year due to lower volumes.

Air Products currently carries a Zacks Rank #3 (Hold).

Some better-ranked companies in the diversified chemical space include Albemarle Corporation ALB , Celanese Corp. CE and Koppers Holdings Inc. KOP . All of these hold a Zacks Rank #2 (Buy).

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AIR PRODS & CHE (APD): Free Stock Analysis Report

ALBEMARLE CORP (ALB): Free Stock Analysis Report

CELANESE CP-A (CE): Free Stock Analysis Report

KOPPERS HOLDNGS (KOP): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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