Amyris Launches Plant-derived Sustainable Silica for Clean Beauty Applications

Rhea-AI Summary

On July 15, 2020, Amyris announced the launch of Biosilica™, a sustainable plant-derived silica sourced from sugarcane ashes. This innovation, commercialized by Aprinnova, offers an eco-friendly alternative to traditional silica, often derived from non-renewable resources. Biosilica™ is intended for use in various cosmetic products and aims to meet the growing consumer demand for clean beauty ingredients. Consumer studies indicate improved performance in cosmetics made with Biosilica™ compared to conventional silica. The ingredient will be available for sampling in August, with commercial volumes expected to roll out in 2021.

Positive

• Launch of Biosilica™ provides a sustainable alternative to traditional silica, aligning with clean beauty trends.
• Biosilica™ shows superior performance in consumer perception studies compared to industry benchmark silica.
• Projected growth in the color cosmetics market, valued at $87 billion by 2025, enhances market potential.

Negative

• Potential risks associated with product development and commercialization delays.
• Reliance on third-party partnerships may impact overall product success.

EMERYVILLE, Calif., July 15, 2020 /PRNewswire/ -- Aprinnova, Inc., an Amyris, Inc. (Nasdaq: AMRS) joint venture, the leading supplier of high performance, clean beauty ingredients is commercializing a plant-derived silica made from sugarcane ashes. Silica is used widely in personal care and cosmetics. It is traditionally sourced from non-renewable sand dredging, which requires significant energy consumption and emits large amounts of C02. The new ingredient branded Biosilica™ can be used in foundations, creams, lotions and other applications as a sustainable and better performing alternative to traditional silica. In addition, it offers an alternative to microplastics which are being phased out of many cosmetic products.

This ingredient innovation has been led by Amyris, a leading synthetic biotechnology company in the Clean Health and Beauty markets and a top supplier of sustainable and natural ingredients, in partnership with the Universidade Católica Portuguesa – Escola Superior de Biotecnologia ("UCP") in Porto/AICEP Consortium Project. As of last year, Grand View Research, Inc. projected that the color cosmetics market is expected to be valued at about $87 billion in retail value by 2025, with a CAGR of approximately 6% and according to an analysis of Mintel GNPD, over 10% of new color cosmetic product launches over the last five years contained silica.

Biosilica™ is available for sampling in August with commercial scale volumes expected to begin in 2021 and allows brands to participate in the circular economy based on the concept that materials and products are never wasted, but always reused or recycled. Cosmetic brands can get on the list to request samples online through Aprinnova.

In consumer perception studies, both pressed powders and liquid foundations made with Biosilica™ demonstrated great skin performance when compared with formulations using industry benchmark silica. Our plant-derived silica has unique sphericity, high oil absorption, particle size and oil/water absorption ratio. These characteristics offer premium benefits such as elegant texture, sebum control, mattification, and anti-aging effects without drying the skin.

The beauty industry is ready to lead sustainable innovations as it touches more lives each day than almost any other industry and produces millions of tons of waste from ingredient supply to product packaging. Consumer demand for safe, high performing, and sustainable ingredients has led the megatrend toward Clean Beauty. Biosilica™ sets a new standard for how science and technology can help brands meet this consumer demand for better and safer ingredients.

About Amyris
Amyris (Nasdaq: AMRS) is a science and technology leader in the research, development and production of sustainable ingredients for the Clean Health & Beauty and Flavors & Fragrances markets. Amyris uses an impressive array of exclusive technologies, including state-of-the-art machine learning, robotics and artificial intelligence. Our ingredients are included in over 3,000 products from the world's top brands, reaching more than 200 million consumers. Amyris is proud to own three consumer brands - all built around its No Compromise® promise of clean ingredients: Biossance™ clean beauty skincare, Pipette™ clean baby skincare and Purecane™, a zero-calorie sweetener naturally derived from sugarcane. For more information, please visit -1%26h%3D398483612%26u%3Dhttp%253A%252F%252Fwww.amyris.com%252F%26a%3Dwww.amyris.com&a=www.amyris.com" rel="nofollow">www.amyris.com.

Forward-Looking Statements
This release contains forward-looking statements, and any statements other than statements of historical fact could be deemed to be forward-looking statements. These forward-looking statements include, among other things, statements regarding consumer response to clean beauty, consumer trends, waste stream reduction efforts, sustainable and safe products, consumer adoption of new product, and the potential of the product launch to lead the way toward clean beauty and clean manufacturing. These statements are based on management's current expectations and actual results and future events may differ materially due to risks and uncertainties, including risks related to Amyris's liquidity and ability to fund operating and capital expenses, risks related to potential delays or failures in development, production and commercialization of products, risks related to Amyris's reliance on third parties, and other risks detailed from time to time in filings Amyris makes with the Securities and Exchange Commission, including Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Amyris disclaims any obligation to update information contained in these forward-looking statements, whether as a result of new information, future events, or otherwise.

Amyris, the Amyris logo, No Compromise, Biossance, Pipette, Biosilica, and Purecane are trademarks or registered trademarks of Amyris, Inc. in the U.S. and/or other countries.

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SOURCE Amyris, Inc.

FAQ

What is Biosilica™ launched by AMRS?

Biosilica™ is a plant-derived silica made from sugarcane ashes, introduced as a sustainable alternative to traditional silica in cosmetics.

When will Biosilica™ be available for commercial use?

Biosilica™ will be available for sampling in August 2020, with commercial scale volumes expected to begin in 2021.

What market trend does AMRS aim to address with Biosilica™?

AMRS aims to meet the consumer demand for safe, high-performing, and sustainable ingredients in the growing clean beauty market.

What are the projected market values for color cosmetics?

The color cosmetics market is projected to be valued at approximately $87 billion by 2025.

How does Biosilica™ compare to traditional silica in performance?

Consumer studies indicate that Biosilica™ demonstrates superior skin performance compared to formulations using conventional silica.