ECKART Sells Cosmetics Natural Mica Pearlescent Business to Sudarshan
The ECKART Effect Pigments division of ALTANA has signed an agreement to sell the natural mica pearlescent business for Cosmetics to Sudarshan Chemical Industries Limited, India. This business comprises all products under the well known brand names PRESTIGE and FLONAC - C that have been produced at ECKART’s Finnish plant in Pori. Sudarshan will add the new pearlescent product lines PRESTIGE and FLONAC - C to its existing pearlescent pigment portfolio sold under the SUMICOS brand name. The complete portfolio will be manufactured at Sudarshan’s facilities.
The agreement to sell the cosmetics portfolio based on natural mica was signed between ECKART and Sudarshan on Dec. 15, 2011. Sudarshan will conduct the business after closing which is expected for 23 January 2012.
In the future, the Business Line Cosmetics of ECKART will continue to focus on its core businesses with metallic effect pigments and pearlescent pigments based on borosilicates and synthetic mica.
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