News & Analysis on Cosmetics Innovation
As it looks to increase its focus on other product lines, it looks like Ileos is selling its folding carton operations to Austrian-based Mayr-Melnhof Packaging (MM Packaging) for €80 million.
As South East Asia continues to evolve as a lucrative market for the cosmetics industry, AkzoNobel is investing more than €30 million in a Thailand based facility.
A bipartisan bill has been introduced to the United States Congress that aims to finally ban the testing of cosmetics and personal care products on animals.
L’Oréal, Unilever, Procter & Gamble, and Beiersdorf are among 18 companies who were collectively fined €174 million by the Belgian Competition Authority after being found guilty of fixing the prices of personal care products between 2002 and 2007.
Evonik and Brenntag are teaming up to introduce new tailored hydrogen peroxide and peracetic acid grades for cosmetics manufacturers, as well as for the drug and medical industries.
Speculation has been rampant since yesterday’s announcement that newly appointed Coty CEO Elio Leoni Sceti will now no longer take up the position next month.