Product launches Archives | Market Krystal

BASF launches Lincare active ingredient for post-laser skincare at trade show

admin — Thu, 29 Oct 2026 00:00:00 +0000

BASF launched Lincare, a naturally derived active ingredient made from flaxseed hull oligosaccharides, for post-laser skincare at in-cosmetics Asia 2026 in Bangkok. In clinical testing, a formulation with 1% Lincare helped the skin barrier recover 21% faster, about 1.2 days earlier than placebo, and delivered up to twice the barrier improvement after 14 days. BASF is showcasing it at Booth AC10 alongside Tinosorb® A2B, Emulgade® Verde PE, Plantapon® Amino ASP and NeoHelix Regenerate.

Key facts

Companies	BASF
Chemicals	Lincare, flaxseed hull oligosaccharides, Tinosorb® A2B, Emulgade® Verde PE, Plantapon® Amino ASP, NeoHelix Regenerate
Location	Bangkok, Thailand
Timing	2026-10-29
End uses	post-laser skincare, sun care, skin regeneration, cleansing, personal care, beauty and personal care market in Asia Pacific

Market context

Cosmetic active ingredients are functional molecules that formulators add to creams, serums, and lotions to deliver a specific skin benefit, such as supporting the skin barrier, hydrating, or soothing. Demand for these actives is driven mainly by skincare and personal care brands, with growing interest in gentler, naturally derived options that fit clean-label positioning. Post-procedure and recovery care is a niche but fast-growing segment, as dermatology clinics and consumers look for products used after treatments that can stress the skin. Asia Pacific is a major growth region for beauty and personal care, so ingredient suppliers often launch new actives at regional trade shows to reach formulators. For buyers, a new active from a large supplier can widen the choice of specialty ingredients, though adoption typically depends on performance data, regulatory acceptance in each market, and cost relative to established alternatives.

Source: official release on basf.com. Summary and context written by Market Krystal.

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Sanyo Chemical Launches Polyurethane Foam Chemical Recycling Initiative With Partners

admin — Tue, 13 Oct 2026 00:00:00 +0000

Sanyo Chemical Industries, together with Toyotsu Chemiplas and Evonik Industries, has jointly launched an initiative to produce recycled polyols in Japan using chemical recycling of polyurethane foam. The partners position the model as going beyond conventional downcycling toward a circular economy.

Why it matters

Chemical recycling of polyurethane foam into recycled polyols could add a recycled feedstock source for foam producers, potentially reducing reliance on virgin polyol supply.

Key facts

Companies	Sanyo Chemical Industries, Ltd., Toyotsu Chemiplas Corporation, Evonik Industries AG
Chemicals	polyols, polyurethane foam
Location	Japan
Timing	2026/10/13
Partners	Toyotsu Chemiplas Corporation, Evonik Industries AG

Market context

Polyols are a core raw material for polyurethanes, which are made by reacting polyols with isocyanates. Flexible and rigid polyurethane foams are used widely in furniture and bedding, automotive seating and interiors, building insulation, and refrigeration equipment, so demand for polyols tracks construction, transport, and consumer durables activity. Most polyols today are made from virgin petrochemical feedstocks. Mechanical recycling of foam is difficult because the cross-linked structure does not remelt, so much waste foam has historically been downcycled into low-value products such as carpet underlay. Chemical recycling breaks foam back into polyol-type building blocks that can be reused in new foam formulations, which could give foam producers an additional feedstock source. Any such route would still need to compete on cost, quality consistency, and supply volume against established virgin polyol producers.

Source: official release on sanyo-chemical.co.jp. Summary and context written by Market Krystal.

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Zhejiang Huayou Cobalt launches 11 Indonesian nickel downstream projects at Weda Bay

admin — Sat, 10 Oct 2026 00:00:00 +0000

Zhejiang Huayou Cobalt joined Indonesian President Prabowo Subianto at the Weda Bay Industrial Park (IWIP) in North Maluku on October 8 for a ceremony launching 11 downstream nickel projects, with 4 entering commercial operation and 7 starting construction. The projects carry a total investment of about US$10.2 billion across nickel-based battery materials, electric vehicle batteries, aluminum and new-energy equipment. The event also marked the first export of electric vehicle batteries from Indonesia. Huayou has built an integrated green battery-materials base at the park covering HF wet smelting, nickel-cobalt refining and ternary precursor production.

Why it matters

Indonesia's first EV battery exports and integrated nickel-to-precursor capacity at Weda Bay could shift global battery materials supply chains and add competition for Chinese-linked nickel and cobalt intermediates.

Key facts

Companies	Zhejiang Huayou Cobalt, Huayou Holding Group, Qingshan Industrial, Indonesian government
Chemicals	nickel, cobalt, lithium battery materials, ternary precursor, nickel-cobalt refined products
Investment	Total investment of about US$10.2 billion for 11 downstream projects; park has attracted about US$20 billion cumulatively
Location	Weda Bay Industrial Park (IWIP), North Maluku Province, Indonesia
Timing	2026-10-08 (local time October 8), Weda Bay Industrial Park construction started August 2018
Partners	Indonesian President Prabowo Subianto, Indonesian Ministry of Investment and Downstreaming, Qingshan Industrial
End uses	electric vehicle batteries, new energy equipment manufacturing, aluminum industry

Market context

Nickel and cobalt are core inputs for lithium-ion battery cathodes, and nickel-rich chemistries have become a major focus for electric vehicle makers seeking higher energy density. Intermediates such as nickel-cobalt sulfates and ternary precursors (NCM/NCA types) sit between raw ore and finished cathode material, so producers that can convert ore into these intermediates near the mine capture value that was once exported in lower-value forms. Demand is driven mainly by EV batteries, energy storage and, to a lesser extent, stainless steel and specialty alloys. Indonesia holds large nickel reserves and has used export restrictions on unprocessed ore to push processing onshore. Projects that add refining and precursor capacity in the country can reshape regional supply, adjust the balance of intermediates reaching China, Korea and Japan, and affect pricing for nickel and cobalt intermediates over time. Buyers should watch how quickly these facilities reach stable output and how their products are qualified by cathode makers.

Source: official release on huayou.com. Summary and context written by Market Krystal.

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Ashok Leyland launches 40-city battery electric truck awareness drive with IIT Madras

admin — Tue, 29 Sep 2026 00:00:00 +0000

Ashok Leyland, in collaboration with IIT Madras' Centre of Excellence for Zero Emission Trucking (CoEZET), has started its 'GET ZET – Electric Truck Awareness to Acceptance' initiative from Chennai. The program will run across 40 cities between September 2026 and February 2027, covering logistics hubs and industrial corridors in 15 Indian states and union territories. Events will showcase the BOSS electric truck with a charger setup to fleet owners, logistics operators, financiers and policymakers.

Why it matters

Coordinated demonstrations aimed at fleet owners and financiers could accelerate battery electric truck adoption in India's freight segment, shaping demand for zero-emission commercial vehicles and charging infrastructure.

Key facts

Companies	Ashok Leyland, IIT Madras, Centre of Excellence for Zero Emission Trucking (CoEZET), Hinduja Group
Location	Chennai
Timing	2026-09-29, September 2026 to February 2027
Partners	IIT Madras, CoEZET
End uses	zero-emission freight transportation, commercial vehicle fleets, logistics operators
Chemicals	Lithium-ion battery cathode materials, Lithium carbonate (CAS 554-13-2), Graphite anode material

Market context

Battery electric trucks run on lithium-ion battery packs, which are built from cathode materials such as lithium, nickel, manganese and cobalt compounds, along with graphite anodes and electrolyte salts. Demand for these materials depends on how quickly commercial fleets switch from diesel engines, so adoption signals from freight operators matter to battery and materials suppliers. Heavy commercial vehicles are a major source of road freight emissions, and governments in many regions are encouraging zero-emission trucking through incentives and charging-network build-outs. Logistics hubs and industrial corridors are typically where fleet utilization is high and where depot charging makes the most sense, so demonstrations in those locations can influence procurement decisions. For chemical buyers, the practical read-through is gradual: outreach that builds fleet and financier confidence tends to support steady long-term growth in battery chemicals rather than an immediate shift in prices or supply.

Source: official release on ashokleyland.com. Summary and context written by Market Krystal.

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Umicore Introduces CTO Geert Olbrechts, Outlining Recycling and Advanced Materials Focus

admin — Tue, 15 Sep 2026 00:00:00 +0000

Umicore has introduced Geert Olbrechts, its Chief Technology Officer and Executive Vice President Recycling, who outlines the company's focus on recycling, advanced materials and low-carbon technologies. He highlights the Precious Metals Refining site in Hoboken, Belgium, which can treat more than 200 complex material streams and recover 17 valuable metals within a single integrated system. The company is steering its resources through its CORE 2028 strategy.

Why it matters

Umicore's closed-loop recycling capacity for critical metals used in batteries, fuel cells and wind and solar equipment supports secondary supply as demand for non-ferrous metals grows with the energy transition.

Key facts

Companies	Umicore
Chemicals	non-ferrous metals, critical metals, precious metals
Capacity	Integrated process can treat more than 200 complex material streams and recover 17 valuable metals within a single system
Location	Hoboken, Belgium
End uses	batteries, fuel cells, wind turbines, solar panels

Market context

Umicore is a materials technology and recycling group whose operations span precious metals, battery materials and catalysts. Recycling of end-of-life material is an increasingly important source of metals such as cobalt, nickel, lithium, platinum-group metals and silver, which are used in rechargeable batteries, fuel cells, catalysts and electronics. Demand for these materials is closely tied to electric vehicles, energy storage, hydrogen equipment and renewable power generation, including wind turbines and solar panels. Recovering metals from complex scrap through integrated refining can supply part of that demand without new mining, which tends to ease pressure on primary supply and can influence the relative economics of recycled versus mined feedstock. For buyers and investors, the key variables are the range of feedstock a recycler can process, the number of metals it can recover from each stream, and how refining capacity keeps pace with the energy transition.

Source: official release on umicore.com. Summary and context written by Market Krystal.

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India Glycols launches US subsidiary to serve American customers directly

admin — Mon, 13 Jul 2026 11:11:32 +0000

India Glycols operates a wholly-owned subsidiary in the USA, IGL Chem International USA LLC, which offers 24/7 services, cost-effective logistics and its full range of company products. The subsidiary aims to win new customers and build strategic partnerships to boost growth in the US market.

Why it matters

A local US distribution and logistics arm gives India Glycols a direct route to American customers, which could increase competition for US suppliers of its glycol and chemical product range.

Key facts

Companies	India Glycols, IGL Chem International USA LLC
Location	USA
Chemicals	Monoethylene glycol (CAS 107-21-1), Monopropylene glycol (CAS 57-55-6)

Market context

Glycols such as monoethylene glycol and monopropylene glycol are widely used as building blocks in polyester fibers and PET resins for packaging, as well as in antifreeze and heat-transfer fluids, coolants, and solvents for paints and inks. Demand therefore tracks textile, packaging, automotive and construction activity, and it is closely linked to the cost of feedstocks such as ethylene and propylene. Chemical producers and traders generally compete on price, product consistency and reliable delivery, so a local distribution and logistics presence in a market can meaningfully change how suppliers reach buyers. Shorter lead times and local inventory can make it easier for an exporter to win accounts that previously relied on import shipments, which tends to put pressure on established domestic and regional suppliers. Buyers in the United States typically weigh freight costs, contract terms and supply security alongside the base product price when evaluating new sources.

Source: official release on indiaglycols.com. Summary and context written by Market Krystal.

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Nippon Paint Automotive Coatings unveils 2026 Concept Color palette for automakers

admin — Wed, 01 Jul 2026 00:00:00 +0000

Nippon Paint Automotive Coatings presented its "2026 Concept Color" for automotive finishes, aimed at trends about three years ahead. Built around the concept "Might," meaning "may be," the palette proposes 24 colors across three categories to automakers. Trade press coverage in Nikkan Kogyo Shimbun, Nikkan Jidosha Shimbun, Toryo Hochi and Paint & Coatings Journal has reported on the proposal, with the first articles dated June 3, 2026.

Why it matters

Automakers evaluating the 24-shade palette for models about three years out may shape future automotive coating color demand and specification choices for paint suppliers.

Key facts

Companies	Nippon Paint Automotive Coatings Co., Ltd., Nippon Paint Holdings
Timing	2026-06-03, 2026-06-27, 2026-07-01
Partners	Automobile manufacturers
End uses	Automotive coatings

Market context

Automotive topcoats are multilayer systems in which pigments, resins and effect flakes create the color, gloss and durability that buyers see on a vehicle. Most of the demand for these finishes comes from new vehicle production, with aftermarket repair coatings adding a smaller, steadier stream. Color is decided well ahead of launch, because automakers must lock paint specifications, pigment sourcing and application lines long before a model reaches showrooms. A concept palette therefore works as an early signal rather than an immediate order: suppliers that understand which shades and effects designers are considering can plan pigment inventories and development work accordingly. Shifts in popular colors can also change the mix of pigments and effect materials a coatings maker buys, which affects raw-material purchasing and competitive positioning among paint suppliers. Concept colors are typically proposals rather than commitments, so their practical influence depends on how many automakers adopt them for production models.

Source: official release on nipponpaint-holdings.com. Summary and context written by Market Krystal.

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