Procter & Gamble: sustainable guar initiative with Solvay

(CercleFinance.com) - Solvay announces that it is partnering with P&G Beauty in its Sustainable Guar Initiative (SGI), launched in 2015, to develop large-scale sustainable guar production in Bikaner, Rajasthan, one of the largest guar producers in India.


P&G Beauty's involvement will accelerate the sustainable growth of guar on a large scale, improve the living standards of farmers and encourage the empowerment of more women farmers in India, the Belgian chemist said.

With its Jaguar polymers derived from guar, Solvay provides formulators of hair care and dermatological products with a complete range of conditioning, softening, gelling, draining and texturising agents.

Solvay shares are pretty flat on this news, as are P&G before the opening bell on Wall Street.



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