German chemicals companies Degussa of Dusseldorf and Celanese of
Kronberg today welcomed the European Commission approval for the
proposed joint venture between the two companies' European
propylene-based oxo businesses.
Avon Products, a world leader in direct selling of beauty and
related products, today said it expects sales and earnings per
share in the second quarter and full-year 2003 to increase in line
with preliminary estimates.
Coty, one of the world's largest manufacturers and distributors of
fragrances, announced Friday that it has signed a contract to
acquire the fragrances licenses of American fashion designers
Kenneth Cole and Marc Jacobs.
Worldwide cosmetics, skin care, fragrance and personal care
products company Revlon has appointed Stephanie Klein Peponis to
the newly created position of executive vice president, chief
planning and business development officer.
In a bid to meet escalating demand - in particular from Central and
Eastern European markets - direct seller Oriflame Cosmetics has
acquired a toiletries and fragrances production facility near
Stockholm from Swedish company Nordium.
First quarter sales at the German speciality chemicals company
remained steady and earnings before interest and taxes rose 10 per
cent on the prior year, giving chairman Professor Felcht cause for
an optimistic outlook for 2003.
In the first quarter of fiscal 2003, German pharmaceutical group
Henkel increased sales, adjusted for foreign exchange effects by
2.8 per cent, over the prior-year period to €2.3 billion. Before
adjustment, sales were 3.1 per cent...
German pharmaceutical group Henkel has acquired a stake of 6.86 per cent in the
share capital of Wella. Through a subsidiary, the group obtained
4.99 per cent of the common shares and 10.38 per cent of the
preferred non voting shares.
Symrise - the new fragrance and flavour synergy. Just four months
after the European Commission gave equity group EQT the all clear
to buy two leading German-based fragrance and flavour producers -
Haarmann & Reimer and Dragoco...