(AOF) – The Berkem Group, a company specializing in plant chemistry, announces a new exclusive partnership with the Barentz company. After the markets of the United States and Canada at the beginning of November, the world leader in the distribution of specialized products also becomes the exclusive distributor of sustainable ingredients of the Berkem Group in Germany, Austria and German Switzerland.
Through this partnership, the group’s objective is to offer active ingredients, among others rich in polyphenols, floral waters and plant extracts in a wide range of sectors of activity, in particular skin care, face care, body and hair.
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A second part of the year at risk
Chemical players should be faced with a scissors effect. First, they have to face an explosion of costs: experts estimate that in 2022 natural gas prices should increase by 470% and electricity prices by around 300% following the war in Ukraine. Added to this is an oil price that is also on the rise. On the other hand, their ability to increase prices should be penalized by a less dynamic economic context, linked in particular to the difficulties on the Chinese market, weighed down by a wave of confinements. The world leader, BASF, anticipates a decline of between 6% and 14% in its profits in 2022.