Innospec Showcases Innovative Surfactant at in-cosmetics
04 Mai 2010 - 9:30PM
Innospec Inc. (Nasdaq:IOSP) today announced the formal launch of
its extended new personal care surfactant product line, under the
brand name of Iselux®.
Iselux® breaks new ground in that it not only sets new standards
in product performance, but is also environmentally friendly.
Responding to consumer demands, personal care products
formulated with Iselux® are clear but produce a creamy, dense foam,
are mild to the skin, have great rinseability and an excellent
after-feel.
Iselux® is a high purity surfactant which is not only free of
sulphate, but also derives 80% of its carbon from renewable
resources and is readily biodegradable.
Innospec showcased the product line at the 'in-cosmetics'
exhibition in Paris, France last month, and generated a wave of
enthusiastic interest from customers around the globe. Innospec's
introduction of Iselux® to the North American market has already
resulted in customer demand far exceeding initial expectations.
President and CEO Patrick S. Williams said, "We have worked hard
for some time on the development of Iselux®, and we are very
excited to see the product being adopted by our customers in a wide
range of personal care applications. We are now focusing our
efforts on expanding production capacity to meet the significantly
increasing demand."
About Innospec Inc.
Innospec Inc. is an international specialty chemicals company
with approximately 800 employees in 23 countries. Innospec
manufactures and supplies a wide range of specialty chemicals to
markets in the Americas, Europe, the Middle East, Africa and the
Asia-Pacific region. Innospec's Fuel Specialties business
specializes in manufacturing and supplying the fuel additives that
help improve fuel efficiency, boost engine performance and reduce
harmful emissions. Innospec's Active Chemicals business provides
effective technology-based solutions for our customers' processes
or products focused in the Personal Care; Household, Industrial
& Institutional; and Fragrance Ingredients markets. Innospec's
Octane Additives business is the world's only producer of tetra
ethyl lead.
Forward-Looking Statements
This press release contains certain "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995. All statements other than statements of historical facts
included or incorporated herein may constitute forward-looking
statements. Such forward-looking statements include
statements (covered by words like "expects," "anticipates," "may,"
"believes" or similar words or expressions), for example, which
relate to operating performance, events or developments that we
expect or anticipate will or may occur in the future (including,
without limitation, any of the Company's guidance in respect of
sales, gross margins, net income, growth potential and other
measures of financial performance). Although forward-looking
statements are believed by management to be reasonable when made,
caution should be exercised not to place undue reliance on such
statements because they are subject to certain risks, uncertainties
and assumptions, including in respect of the general business
environment, regulatory actions or changes. If the risks or
uncertainties materialize or assumptions prove incorrect or change,
our actual performance or results may differ materially from those
expressed or implied by such forward-looking statements and
assumptions. Additional information regarding risks,
uncertainties and assumptions relating to the Company and affecting
our business operations and prospects are described in the
Company's Annual Report on Form 10-K for the year ended December
31, 2009, and other reports filed with the U.S. Securities and
Exchange Commission. You are urged to carefully review and
consider the cautionary statements and other disclosures made in
those filings, specifically those under the heading "Risk
Factors." The Company undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.
CONTACT: Innospec Inc.
Kate Davison
+44-151-348-5825
Kate.Davison@innospecinc.com
RF Binder Partners
Tom Pratt
+1-212-994-7563
Tom.Pratt@RFBinder.com
Innospec (NASDAQ:IOSP)
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