Frost & Sullivan Commends Lonza for Introducing the Groundbreaking Proxel® LS Formulation for In-can Preservation Coatings
With the Proxel® LS Preservative, Lonza proved that it is possible to formulate high-performance MIT-free products
SANTA CLARA, California, March 8, 2017 /PRNewswire/ -- Based on its recent analysis of the in-can preservation market, Frost & Sullivan recognizes Lonza with the 2016 Global Frost & Sullivan Award for Product Leadership. In a market characterized by mostly incremental product development, Lonza's latest release, the Proxel® LS Preservative, is revolutionizing both chemical architecture and product performance. Lonza's innovative Proxel® product portfolio meets the functional needs of customers, and simultaneously keeps pace with the developments in various end-user industries such as paints and coatings, adhesives, and construction chemicals.
The Proxel® LS' market performance validates Lonza's deep understanding of customer needs. For instance, when the EU mandated a significant lowering of methylisothiazolinone (MIT) levels in formulations, Lonza launched a product that used two complementary active ingredients—benzisothiazolinone (BIT) and pyrithione. This move helped future-proof the product because these ingredients not only enhanced antimicrobial efficacy, but also eliminated issues of toxicity from the formulation. In short, this breakthrough product offers unmatched broad-spectrum performance at dosages that will not impact the EU H208 allergen phrase.
"Proxel® LS Preservative is easy to formulate and provides increased durability, higher water solubility, and most importantly, cost-efficiency," said Frost & Sullivan Industry Manager Deepak Karthikeyan. "Furthermore, it is free of formaldehyde, stable across a wide range of temperatures and pH conditions, and biodegradable in effluent systems."
While the Proxel® LS Preservative has proven ideal for the paints and coatings industry, it is also finding wide application in an array of allied areas such as inks, emulsions, and binders, as well as adhesives, non-food contact paper, cellulosic materials, and construction chemicals. It is available in different forms in a range of strengths. The company is moving a step ahead in the value chain by expanding its formulation capabilities, which will help it develop next-generation, customizable solutions.
Lonza has also fostered strong customer relations with its global customer base of major coatings and adhesives manufacturers. In addition to exceptional performance, Lonza delivers extensive service support during product development, troubleshooting, and after sales. In the case of Proxel® LS Preservative, it engaged with customers during various stages of product development and ran prototypes that ultimately helped shorten the time to market. In addition to developing biocidal products, the company addresses larger aspects of microbial control through its plant hygiene equipment solutions and analytical systems for test procedures.
With the Proxel® LS Preservative, Lonza continues to enhance performance levels and prepare itself and its customers for the future. It has already received an overwhelmingly positive response for its latest foray into the European market while gaining traction Asia, especially China, and more recently in the United States.
"Lonza's proactive approach to addressing customer's future needs through collaborative product development makes it one of the most preferred companies in the market," noted Karthikeyan. "From ensuring regulation compliance to delivering unmatched performance for its diverse customer base, the Proxel® LS Preservative solution has successfully elevated Lonza's brand globally."
Each year, Frost & Sullivan presents this award to the company that has developed a comprehensive product line that caters to the breadth of the market it serves. The award recognises the extent to which the product line meets customer base demands, the overall impact it has in terms of customer value as well as increased market share.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
About Lonza
Lonza is one of the world's leading and most-trusted suppliers to the pharmaceutical, biotech and specialty ingredients markets. It harnesses science and technology to create products that support safer and healthier living and that enhance the overall quality of life.
Not only is Lonza a custom manufacturer and developer, the company also offers services and products ranging from active pharmaceutical ingredients to drinking water sanitizers, from nutritional and personal care ingredients to agricultural products, and from industrial preservatives to microbial control solutions that combat dangerous viruses, bacteria and other pathogens.
Founded in 1897 in the Swiss Alps, Lonza today is a well-respected global company with approximately 40 major manufacturing and R&D facilities and more than 10,000 full-time employees worldwide. The company generated sales of CHF 4.13 billion in 2016 and is organized into two market-focused segments: Pharma&Biotech and Specialty Ingredients. Further information can be found at www.lonza.com.
Lonza Contact Information
| Lonza Group Ltd |
Lonza Group Ltd |
Lonza Group Ltd |
| Head Investor Relations |
Head Corporate Communications |
Head External Communications |
| Dirk Oehlers |
Dominik Werner |
Constance Ward |
| Tel +41 61 316 8540 |
Tel +41 61 316 8798 |
Tel +41 61 316 8840 |
| Fax +41 61 316 9540 |
Fax +41 61 316 9540 |
Fax +41 61 316 9840 |
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community. Contact us: Start the discussion.
Contact:
Chiara Carella
P: +44 (0) 207.343.8314
F: 210.348.1003
E: [email protected]
Logo - http://mma.prnewswire.com/media/474989/Lonza_Award.jpg
Share this article