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|Lubrizol Skin Care Actives Combine Under One Name in North America|
Lubrizol Skin Care Actives Combine Under One Name in North America
CLEVELAND, January 19, 2017- The Lubrizol Corporation announces today that Active Organics® a provider of natural extracts and performance ingredients and Lipotec LLC, a leader in active ingredients for skin care will now be combined and operate under the name Lipotec USA, Inc. This name change is effective immediately. Lubrizol previously acquired both companies in order to expand its skin care offerings portfolio. Under the new name, Lipotec USA, Inc. will be located at the current address of Active Organics, Inc.: 1097 Yates Street, Lewisville, Texas.
Lubrizol began promoting Active Organics® as a brand under the Lipotec umbrella in 2015 to address the changing consumer demands in the skin care market. The move was part of the company's mission to provide customers with innovative products, comprehensive assistance and the necessary resources and services to support its growth and skin care initiatives, all in the fastest and most effective way possible.
About Lubrizol Personal and Home Care
About The Lubrizol Corporation
With headquarters in Wickliffe, Ohio, Lubrizol owns and operates manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Founded in 1928, Lubrizol has approximately 9,000 employees worldwide. Revenues for 2015 were $7 billion. For more information, visit Lubrizol.com.