Natural Cosmetic Ingredients

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Natural Cosmetic IngredientsPartnering with BioAmber to promote natural siliconealternatives.

Inolex‘s History & Evolution More than 100 years in oleochemistry. More than 50 years manufacturing esters and polyesters. Current owners, the Plimpton Family, since early 80s. Since 2007, globalization & innovation program — goal is to be aglobal leader in personal care ingredient innovation First to market and IP drivenSeveralmarketfirstsnatural silicone replacementsnatural cationic hair conditionernatural broad spectrum preservation

Our Market: End-users you may of heard of

Our Market: End-users that are emerging

Ingredient Innovation PhilosophyConsumer Values, Demographics, Shifting WealthLifestyles (e.g. LOHAS)ConsumerChoice Lifestyle drivenCosmeticIngredientSelection Must enhance the lifestyle effectIngredient Inolex as a lifestyle chemical companyInnovation

Inolex’s LOHAS InnovationsSilicone Replacements (LexFeel D4/D5)Palm-free Brassica derivatives (ProCondition22)Paraben-free solutions (Spectrastat)Natural Silicone Replacements (LexFeel N-Series)Fully natural & ecological conditioners (Emulsense)Non-endocrine disrupting technologiesIncreasing level ofLOHAS commitmentIncreasingComplexity

LOHAS and All Natural 100% non-petrochemical inputs Green chemistrye.g. esterificationOHOOAOH Poly (or mono) acidEster or PolyesterHODOHPoly (or mono) alcohol HOH

Partnerships for LOHAS Cosmetic IngredientsBiorefineriesPartnerships are the ideal way to meetthe needs of this market. Variety: cosmetic industry needshuge number of n End-Use Expertise: formulation,claims, regulatory, certification Integrity in the supply-chainConsolidation of greentechnologies into cosmeticingredient uses

Partnership NeedsWhat Inolex requires for our green chemistry innovation: 100% non-petrochemical inputs (fully natural) Transparency around the supply chain (bumpyintroductions) Price/value proposition Medium-term thinkingIngredient Introduction

BioAmber – Inolex Partnership Since 2005, multiple Inolex projects for replacing silicones inpersonal care (polymer and poly-esters) 2008 Inolex discussions with BioAmber predecessor company 2008 Inolex developed bio-succinic ester options 2010 on-streaming of BioAmber Pomacle plant 2011 Inolex completes formulations, claims, certification, and safety 2012 Launch 2013 Joint marketingLexFeel N SeriesNatural fluids that match the sensory and performanceattributes of silicone fluids in personal care.

Why Silicone Replacement? LOHAS mega trend Silicones are perceived as too technical, too chemical, andnot holisticSilicone Free Sells

LexFeel N SeriesABOOdiheptyl succinateOOcapryloyl glycerin/sebacicacid copolymerOOOHOOOOOHCAheptyl alcohol, from pyrolysis of castor oilBsuccinic acid, from fermentationCsebacic acid, from oxidation of castor oilDglycerin, from coconut oilEcaprylic acid, from coconut oilnOODE

The LexFeel N Benefits1. The slip, the feel, the non-greasiness that consumers expect2. Every natural claim imaginable (COSMOS, NaTrue,sustainability, etc)3. Non irritating, non sensitizing, non toxic by all the recognizedtesting requirements4. “Readily Biodegradable” and “Non Toxic to the AquaticEnvironment”

Co-MarketingAll of the benefits and all of theclaims reflected in one global,targeted campaign.Inolex clearly selling and supportingthe product, with the benefits of“BioAmber inside”.

Take-AwaysGreen is good, but LOHAS is better.SMEs like Inolex may be best partnersfor first-to-market penetration in nichemarkets.BioAmber/Inolex partnership hit all thekey criteria, and LexFeel N a massivesuccess in cosmetics.

natural broad spectrum preservation Several market firsts . Our Market: End-users you may of heard of . Our Market: End-users that are emerging . Ingredient Innovation Philosophy Consumer Choice Lifestyle driven Cosmetic Ingredient Selection Must enhance the lifestyle effect

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