INOLEX Continues with Long-Term Growth Strategy

Strong Flagship Manufacturing Operations and a Unified Global Team Reinforce the Company’s Next Phase of Growth

PHILADELPHIA, PA, November 19, 2020 — INOLEX announced today that it is listing the company’s 6.2-acre property located at 2101 South Swanson Street in Philadelphia, PA for sale on the commercial real estate market.

The site sale marks a continuation of the company’s long-term growth strategy as a provider of natural, sustainable, and innovative ingredients for health, beauty, and wellness.

In 2019, INOLEX set in motion the successful transition of its US production platform to a new flagship manufacturing facility in Charlotte, North Carolina, USA. With steady operations in Charlotte and a unified global team, the company is well positioned to continue its long-term growth momentum.

“Establishing robust manufacturing capabilities in Charlotte was a generational move to anticipate and serve global demand,” said David Plimpton, CEO & President of INOLEX. “Likewise, the divestiture of the Philadelphia site is the next important step in our long-term growth plans that reflects our entrepreneurial, innovative spirit as a company.”

INOLEX intends to maintain a strong presence in the greater Philadelphia region to continue to serve its customers and partners. Concurrent to the site sale, the company is evaluating options for new offices and laboratory space in the greater Philadelphia region.

“Since inception, INOLEX has been a company that has adapted and evolved to remain relevant in the market. We now have an opportunity to deploy our deep technical expertise as both a designer and a manufacturer of ingredients with space, equipment, and means for innovation that will serve us and our customers for years to come,” said Plimpton.

About INOLEX
INOLEX is an independent, global specialty ingredients company that delivers natural, sustainable, and innovative technologies for health, beauty, and wellness. Guided by the Principles of Green Chemistry and lifecycle thinking, INOLEX balances technology and nature to create sustainable, life ingredients. The company delivers emerging ingredients across all major beauty care categories, focusing on new bio-based technologies that are authentically traceable and independently certified. Core technologies include Alternative Preservation; Highperformance Polymers for Sun Care; Alternatives for Silicones; Natural and Quat-free Cationic Conditioning Agents; and Palm Alternatives, with a focus on plant-based, certified natural options in all categories.

INOLEX Ingredients
The INOLEX innovation platform is guided by the Principles of Green Chemistry and lifecycle thinking. The company is recognized for its leading proprietary technologies—with an emphasis on natural, plant-based solutions—in Alternative Preservation, Silicone Alternatives, Palm Alternatives, Film Formers, and Conditioning Agents. INOLEX is a member of the Roundtable on Sustainable Palm Oil (RSPO), is RSPO Supply Chain Certified, and offers 100% of its palmderived products exclusively as RSPO Mass Balance.
Notable product innovation awards include the 2020 Sustainability Award from Henkel Beauty, presented during the 2020 ACI Annual Meeting in Orlando, for LexFeel™ D5, a sustainable, highperformance silicone alternative ingredient; the 2018 ITEHPEC Innovation Award in LATAM for LexFeel™ Vibrant, a patented color-enhancing sensory agent; Finalist in the Sustainability Beauty Awards for SustOleo™ MCT, a natural palm-free sensory ingredient alternative that contains 100% USDA certified biobased content; and the 2014 Frost & Sullivan Global Personal Care Product Innovation Leadership Award for Emulsense™, a cationic agent for hair conditioning and skin care that contains 100% USDA certified biobased content. For more information contact:

INOLEX
Lisa Gandolfi, PhD Director of Marketing
215-320-1488
lgandolfi@inolex.com