Triclosan in cosmetics, a highly efficacious, long-lasting, antimicrobial chemical compound
Ciba Specialty Chemicals has signed a joint venture (JV) agreement
with the Virchow Group, Hyderabad, for the production of high quality
triclosan, a highly efficacious, long-lasting, antimicrobial chemical
Under the JV agreement, Ciba Specialty Chemicals will hold 51% stake
in the new company, which will produce triclosan for the domestic as
well as other Asian markets, Jimmy Bilimoria, vice chairman and
managing director of Ciba Specialty Chemicals (India), said.
Triclosan helps to prevent oral infections, germ transfer, body
odour, and material decay and is a key ingredient in a variety of
products including toothpastes, soaps, deodorants and non-cosmetic
articles such as shower curtains and technical textiles.
With this joint venture, Ciba Specialty Chemicals aims to further
expand its share of the growing cosmetics market in Asia and improve
its position in the region.