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Rising raw material costs, regulatory issues, and the drive toward "green" products are key issues in the soaps and detergents sector, said speakers at the Soap and Detergent Association (SDA; Washington) convention, held last month at Boca Raton, FL. Several major firms tell CW they are cutting costs and introducing renewable products in response.
"We've seen [commodity] spikes before, and we've always had the expectation that things would go back to normal," Norm Ellard, director/global sales at P&G Chemicals, tells CW. "I think the worry in the industry is that we've reached new plateaus. I don't see any signs of anything that's going to change dramatically in the commodity area," Ellard says. Essentially, the industry is "working very hard on cost-savings," in response to the pricing pressures, he says.
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Highly leveraged retailers …