Is Hexadecanoic acid, ester with 1,2,3-propanetriol 2-hydroxypropanoate vegan?

Glyceryl Palmitate Lactate is also known as Hexadecanoic acid, ester with 1,2,3-propanetriol 2-hydroxypropanoate.

Glyceryl Palmitate Lactate is a mixed ester of glycerol, palmitic acid, and lactic acid. It is used in cosmetics as an emollient and emulsifier, providing skin-conditioning properties.

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