The joint venture is a strategic alliance of ESSA Technologies' natural-based technology platform and the global resources of Charles Tennant & Company, which is a distributor of ingredients for multiple industries.
Expand and support
It is designed to expand and support the market development opportunities within the global personal care and cosmetic markets.
"The strategic integration of Charles Tennant and Company's global resources and infrastructure will enhance the sales, marketing, and customer support for ESSA Technologies natural-based product portfolio," said Kathie Taylor, executive vice president, sales and marketing at Charles Tennant & Company.
"The partnership between the two companies is in support of Charles Tennant''s ongoing strategic initiative to venture or acquire technology driven companies in key strategic markets like personal care and cosmetics."
Offering alternatives and meeting demands
ESSA Technologies is a specialty ingredient supplier of natural based feel modifiers and gelling agents, claiming to offer the global personal care and cosmetic markets natural based ingredients as functional alternatives to traditional synthetic ingredients.
"Meeting the increased demand by global beauty care manufacturers to provide natural-based, cost-effective, functional alternatives to synthetic ingredients are a primary objective of ESSA Technologies current and future product portfolio," explained Chris Tarletsky, president and founder, ESSA Technologies.
"Our Essachem natural-based ingredients provide excellent sensory and texture properties while also allowing chemists to modify the rheological profiles of oils without compromising the desired feel and conditioning attributes of the formulation."
As part of the partnership, both companies have committed to aligning their resources and strategic initiatives to meet and exceed the customer service requirements and product development needs of the global personal care and cosmetic markets.