Top Companies are Racing to Stock Shelves with Han
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Posted On: 04/09/2020 7:01:54 AM
Top Companies are Racing to Stock Shelves with Hand Sanitizer
Wed April 8, 2020
Houston, Texas--(Newsfile Corp. - April 8, 2020) - Major companies across the U.S. are racing to keep up with hand sanitizer demand.
Unfortunately, it's been tough for retailers and producers to keep pace.
That's because since COVID-19 began making its rounds, the Center for Disease Control (CDC) has strongly recommended using hand sanitizer with at least 60% alcohol. Even the World Health Organization notes, "Use an alcohol-based hand sanitizer with at least 60% alcohol. Always wash hands with soap and water if hands are visibly dirty."
As a result, demand for sanitizer exploded more than 1,400% between December 2019 and January 2020, according to Adobe Analytics, as highlighted by Beauty Packaging. Nowadays, as demand continues to build, companies can't produce sanitizer products fast enough, causing empty grocery store shelves.
In fact, even the makers of Purell, GOJO Industries are seeing big demand. "We are seeing a substantial increase in demand. We have experienced several demand surges in the past during other outbreaks, and this is on the higher end of the spectrum."
With considerable demand, we're also seeing shortages.
However, companies are racing to keep up with such sizable demand.
One of those Companies is Yield Growth Corp. (BOSQF)
Yield Growth's subsidiary, Urban Juve just announced a second hand sanitizer product approval.
In fact, Urban Juve's Natural Health Product application for hand sanitizer gel was approved by Health Canada under its new fast track application process. The approval was granted on April 2, 2020 by Health Canada's Natural and Non-prescription Health Products Directorate, issuing Product License NPN: 80098154.
This product licence authorizes the sale of the hand sanitizer gel. The approval was granted within one week of the application being submitted, consistent with Urban Juve's hand sanitizer liquid spray, which was approved on March 27, 2020 under Product License NPN: 80097926.
"One of the biggest challenges in getting large volumes of hand sanitizer products to market is sourcing packaging," says Yield Growth CEO Penny White. "Urban Juve is scheduled to start production next week of our hand sanitizer spray. We are eager to roll out these new products which allow Yield Growth to be part of the solution."
In addition, Health Canada granted approval for Urban Juve's liquid hand sanitizer to be manufactured in Canada. This approval was earned on March 27, 2020 from Health Canada's Natural and Non-prescription Health Products Directorate (NNHPD), issuing Product License NPN 80097926. The approval was granted within one week of the application being submitted. This fast track approval will allow Urban Juve to complete an initial manufacturing run more quickly than the estimated 60-day schedule announced last week.
To protect against coronavirus disease 2019 (COVID-19), the Center for Disease Control advises to clean hands often with soap and water for at least 20 seconds, or if soap and water are not readily available, to use a hand sanitizer with at least 60% alcohol. Urban Juve's natural hand sanitizer liquid spray contains 65% alcohol, which is in line with Health Canada guidelines, and also has a refreshing and clean blend of peppermint, lavender and orange peel oils, all of which are known for their disinfecting properties and their ability to promote optimum skin health.
For more information, visit the company's website at https://yieldgrowth.com.
https://seekingalpha.com/pr/17831548-top-comp...-sanitizer
Wed April 8, 2020
Houston, Texas--(Newsfile Corp. - April 8, 2020) - Major companies across the U.S. are racing to keep up with hand sanitizer demand.
Unfortunately, it's been tough for retailers and producers to keep pace.
That's because since COVID-19 began making its rounds, the Center for Disease Control (CDC) has strongly recommended using hand sanitizer with at least 60% alcohol. Even the World Health Organization notes, "Use an alcohol-based hand sanitizer with at least 60% alcohol. Always wash hands with soap and water if hands are visibly dirty."
As a result, demand for sanitizer exploded more than 1,400% between December 2019 and January 2020, according to Adobe Analytics, as highlighted by Beauty Packaging. Nowadays, as demand continues to build, companies can't produce sanitizer products fast enough, causing empty grocery store shelves.
In fact, even the makers of Purell, GOJO Industries are seeing big demand. "We are seeing a substantial increase in demand. We have experienced several demand surges in the past during other outbreaks, and this is on the higher end of the spectrum."
With considerable demand, we're also seeing shortages.
However, companies are racing to keep up with such sizable demand.
One of those Companies is Yield Growth Corp. (BOSQF)
Yield Growth's subsidiary, Urban Juve just announced a second hand sanitizer product approval.
In fact, Urban Juve's Natural Health Product application for hand sanitizer gel was approved by Health Canada under its new fast track application process. The approval was granted on April 2, 2020 by Health Canada's Natural and Non-prescription Health Products Directorate, issuing Product License NPN: 80098154.
This product licence authorizes the sale of the hand sanitizer gel. The approval was granted within one week of the application being submitted, consistent with Urban Juve's hand sanitizer liquid spray, which was approved on March 27, 2020 under Product License NPN: 80097926.
"One of the biggest challenges in getting large volumes of hand sanitizer products to market is sourcing packaging," says Yield Growth CEO Penny White. "Urban Juve is scheduled to start production next week of our hand sanitizer spray. We are eager to roll out these new products which allow Yield Growth to be part of the solution."
In addition, Health Canada granted approval for Urban Juve's liquid hand sanitizer to be manufactured in Canada. This approval was earned on March 27, 2020 from Health Canada's Natural and Non-prescription Health Products Directorate (NNHPD), issuing Product License NPN 80097926. The approval was granted within one week of the application being submitted. This fast track approval will allow Urban Juve to complete an initial manufacturing run more quickly than the estimated 60-day schedule announced last week.
To protect against coronavirus disease 2019 (COVID-19), the Center for Disease Control advises to clean hands often with soap and water for at least 20 seconds, or if soap and water are not readily available, to use a hand sanitizer with at least 60% alcohol. Urban Juve's natural hand sanitizer liquid spray contains 65% alcohol, which is in line with Health Canada guidelines, and also has a refreshing and clean blend of peppermint, lavender and orange peel oils, all of which are known for their disinfecting properties and their ability to promote optimum skin health.
For more information, visit the company's website at https://yieldgrowth.com.
https://seekingalpha.com/pr/17831548-top-comp...-sanitizer
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