
Unilever Appoints Heiko Schipper as President of Nutrition Business
Unilever has appointed Heiko Schipper as President of the group’s Nutrition business, effective May 1, 2024.
Unilever has appointed Heiko Schipper as President of the group’s Nutrition business, effective May 1, 2024.
British-multinational consumer products giant Unilever has announced that its chief executive, Alan Jope, will retire at the end of 2023. The potentially earlier than planned departure announcement had been anticipated.
Consumer goods giant Unilever and biotech specialist Genomatica are to jointly invest $120 million in a new venture to commercialize plant-based alternatives to feedstocks such as palm oil and fossil fuels used in cleansers for home care, beauty and personal care products.
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Germany’s Evonik is investing a three-digit million-euro sum to build a new plant for producing bio-based and fully biodegradable rhamnolipids in Slovakia. The facility is due to go on stream in two years.
Unilever’s CEO Alan Jope has had to bury his hopes of buying GlaxoSmithKline’s consumer drugs portfolio. After shareholders questioned the move, and analysts said that due to the relatively low price its third offer, worth £50 billion, was “as good as dead, the London-based consumer giant pulled the plug. Now it looks as if the CEO may face more trouble, as an activist investor has stepped into the fray.
GlaxoSmithKline said it has received and rejected three bids from consumer products giant Unilever to acquire its consumer drugs arm. The latest offer, worth £50 billion (£41.7 billion in cash and £8.3 billion in Unilever shares), fundamentally undervalues" the business,” the UK pharma said.
Unilever, Croda, Scott Bader, Crown Paints and Afton Chemical are among the first companies to join a task force convened by the UK’s Royal Society of Chemistry (RSC) to introduce a circular economy for polymers in liquid formulations (PLFs) and improve their waste management.
Anglo-Dutch consumer goods giant Unilever has partnered with recycled carbon technology specialist LanzaTech and glycols producer India Glycols to produce a surfactant from industrial carbon emissions.
Unilever has announced that it will source 100% of the carbon used in its cleaning and laundry products from renewable or recycled sources rather than from traditional fossil fuels as it seeks to transform the sustainability of well-known brands such as Omo (Persil), Sunlight, Cif and Domestos.