Elementis plc has completed acquired UK- based Alchemy Ingredients Limited, a developer of sustainable rheology modifier ingredients.

Alchemy’s roster of products are natural functional ingredients that fully or partially replace synthetic raw materials. Key technologies revolve predominantly around oil gelling and water gelling.

“We are delighted to announce the successful completion of this high quality bolt-on acquisition, which is right in our personal care sweet spot and strengthens our position in the growing natural skincare market,” said Luc van Ravenstein, CEO of Elementis. “The business opens exciting opportunities to expand our skincare portfolio, where the trend toward natural ingredients and enhanced sensory benefits continues to accelerate. Leveraging our global sales and marketing footprint, we see significant potential to scale the business and deliver value.”