Specialty chemicals firm Clariant has achieved global ISO 22716 Cosmetics Good Manufacturing Practice (GMP) certification for its global management system benefitting its products and customers in the personal care industry.
Sydney-based cosmetics company Jurlique International has signed a share purchase agreement with fellow cosmetics firm POLA Orbis Holdings and will target global expansion, building on the existing strength of the two organisations.
French cosmetics firm L’Occitane saw its fiscal H1 profit take a dip despite posting net sales growth driven by the market in Asia and a turnaround in the US.
P&G is to begin manufacturing personal care products locally for the Indian market as part of its sustainability efforts and an increased focus on growing its presence in the emerging market.
As Avon shares hit a year low this week, speculation is mounting that the company may become a buyout target over weak financial results and an executive bribery scandal in China.
Fragrance maker Inter Parfums has announced its initial guidance for 2012 stating that focus on key brands is expected to bring the most success for the company.
Specialty chemicals company IMCD has continued its strategy of strengthening in the Asia-Pacific region by opening its regional headquarters in Singapore and strengthening the team there.
Minnesota-based chemicals manufacturer BioAmber has partnered with Japanese firm Mitsui to build bio-succinic acid and 1, 4 butanediol (BDO) facilities targeting consumer demand for sustainable cosmetics and personal care products.
Henkel, the German maker of Schwarzkopf hair products and Right Guard antiperspirant reported third quarter profit that fell short of expectations as raw-material costs rose; however the Cosmetics/ Toiletries business continued its upward curve.
The Nivea skin cream maker is cutting back on unprofitable lines and investing more in its skin care brands in an attempt to gain market share after seeing its third quarter profits take a tumble.
The French cosmetics giant has released its third quarter figures with revenue rising thanks to strong luxury sales, masking over a drop in demand from the mass market.
US color cosmetics and fragrance player Elizabeth Arden has posted a strong first quarter, boosted by international sales and positive currency translations.
Revlon has reported a healthy growth in sales for its third quarter on the back of a particularly strong performance in the US market, but net profits are hit by a substantial tax bill.
Avon third quarter US dollar sales were virtually flat, while a renewed SEC probe into bribes in China meant the company’s stock value has plummeted to a year low.
Thanks to strong growth in personal care, driven by acquisitions and the emerging markets, Unilever has continued its strong growth in the third quarter of the year.
P&G first quarter profits were slightly down on higher commodity costs despite sales taking a big leap, but the outlook is more challenging as currency gains are expected to be wiped out.
Shiseido has forged a joint venture allowing it to start commercial operations in Turkey, a move that is line with the Japanese cosmetic giant’s expansion in smaller but important emerging markets.
Japanese beauty firm Kao Brands has announced it will change its name to Kao USA in North America as it attempts to operate subsidiaries in this region and Europe as unified organizations in the major countries in which they operate.
Nu Skin today announced record third-quarter results attributing strong growth in the emerging markets, currency fluctuations, and the development of its anti-aging ageLOC range for the positive figures.
A joint investment between Germany-headquartered Wacker and US-based Dow Corning for a manufacturing site in the Jiangsu province, China has been expanded further with another plant to meet growing demand for silicones.
Inter Parfums extension of the Burberry fragrance line has paid off after the company registers a huge increase in third quarter sales, mainly driven by the launch of Burberry Body.
Reed Exhibitions, organizers of in-cosmetics Asia, have taken the decision to postpone the event, as the continued threat of floods looms over Bangkok, Thailand.
US-based colors and fragrances supplier Sensient reported slightly above average third quarter figures for 2011 boosted by favorable currency translations and a strong colors group.
France-based organic cosmetics company Florame sources many of its ingredients from developing countries and argues that the practice can help support local development, although it is subject to many challenges.
Switzerland-based Clariant will open a new laboratory near Mumbai focused on developing formulations specifically for the personal care industry in India, a market that is showing continued growth.
Specialty chemicals firm Evonik has strengthened its research and development efforts in Greater China as it looks to boost local innovation, by investing €18m in expanding its centre in Shanghai Xinzhuang.
Reckitt Benckiser’s sustainability report for 2010 has shown the company has reduced its carbon footprint with decreased energy consumption in manufacturing playing a part.
Specialty chemicals firm Ashland has responded to strong demand for its Natrosol hydroxyethylcellulose (HEC) in Asia-Pacific by expanding production facilities in Nanjing, China.
Flavours and fragrance firm Firmenich saw sales increases right across the board of its perfumery business division with emerging markets posting the strongest growth, however they were hit hard by the Swiss Franc as figures dipped.
Two of the larger players in the cosmetics industry have both announced that sales are still displaying solid growth despite the significant business and economic challenges at present.
The beauty packaging industry has witnessed a series mergers and acquisitions, consolidations as well as expansions in recent months, as continued economic uncertainty unleashes business opportunities.
Anglo-Dutch consumer giant Unilever has made a multi-million euro investment to expand its production facility in Indonesia as it believes it will help to drive sustainable growth for the company in the fast-growing developing and emerging markets.
With the threat of a second global recession hovering in the wings, a Citi Investment analyst says there are concerns over the Q4 performance of US personal care players.
A round up of the latest packaging industry appointments shows new key executive positions being taken up at packaging player Topline and ingredients technology provider International Stem Cell.
The price of palm oil, which is used as a binding ingredient in cosmetic formulation, is predicted to fall in the months ahead as increased crop yields and falling demand take effect.
Beauty firm Coty has picked up an award for being the ‘Most Innovative Company in 2011, with products under its Rimmel and Sally Hansen brands recognised as stand out products.
Cosmetics giant Avon has acted to reduce its environmental footprint and meet its own green guidelines by ensuring its New York headquarters meets the LEED rating system.
L’Oreal CEO Jean-Paul Agon says the company will maintain the strong position of its cash balance in readiness for interesting acquisition possibilities.
Cosmetics giant Avon has constructed its first green Research and Development facility as it looks to build on a long term growth opportunity in Shanghai, China.
China state-run company Shanghai Jahwa is selling assets to the tune of nearly €550m with a view to investing in the international luxury cosmetics market.
In an effort to develop personal care products that benefit from different regional resources and ideas, Kimberly-Clark has opened up two new innovations centers in Colombia and Korea.
Having already tailored its business increasingly around personal care, Unilever CEO Paul Polman says the company is hoping to eventually derive most of its sales from emerging markets.
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