business
07 Jun 2023
--- Chemical supplier BASF will be bringing additional alkoxylation capacity on stream in Antwerp, Belgium, and Ludwigshafen, Germany starting from the second quarter of the year. Alkoxylation is used to produce surfactants for...
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05 Jun 2023
--- Synthetic biology company Debut has secured US$34 million Series B in a funding round led by L’Oréal’s venture capital fund, Business Opportunities for L’Oréal Development (BOLD). As the...
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01 Jun 2023
--- Nordic beauty company Lumene is replacing all 50 mL moisturizer jars in its core product ranges with a bio-based jar made from side streams of the Finnish forest industry. In cooperation with UPM Biofuels and SABIC, Lumene...
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Azelis expands eco-friendly home care and cleaning business through Sirius International acquisition
30 May 2023
--- Azelis, an innovation service provider in the specialty chemicals industry, has signed an agreement to acquire 100% of the shares of Sirius International, a distributor of specialty chemicals in the Benelux market. This...
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25 May 2023
--- Amorepacific is expanding into North America, the UK and the Middle East. The Korean beauty giant recently launched its flagship global skin care brand Laneige in the three markets.
23 May 2023
--- Symrise has unveiled Little Red House – a fine fragrance creation hub – in Shanghai, China. The hub offers a space dedicated to market research, creative arts and olfactory culture, featuring exclusive events and...
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16 May 2023
--- Supplements and sports nutrition launches with women’s health claims have been rising steeply since 2017, according to Innova Market Insights. Additionally, the company highlights that beauty from within supplements...
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12 May 2023
--- This week in personal care news, US-based private equity firm Yellow Wood Partners completed the acquisition of the brand Suave from Unilever. Japanese technology company Kaltech introduced the “world’s first...
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11 May 2023
--- Amid a continued challenging economic environment, International Flavors & Fragrances (IFF), Edgewell Personal Care, Brenntag and The Beauty Health Company have released their latest financial results. While the...
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10 May 2023
--- Industry’s beauty brands and suppliers released their quarterly results this week. Coty highlighted prestige fragrances as a key demand driver for better than anticipated performance later in its fiscal year....
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10 May 2023
--- Spanish nutraceutical and nutricosmetic division of Suanfarma – Monteloeder – is exhibiting its latest beauty-from-within product at Vitafoods 2023 in Geneva, Switzerland. Live at the show, NutritionInsight...
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08 May 2023
--- American actress Michelle Pfeiffer’s genderless and fine fragrance brand Henry Rose has announced a Series A investment led by Sandbridge Capital. The partnership marks the brand’s first external investment since...
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05 May 2023
--- The Estée Lauder Companies (ELC) completed its acquisition of the Tom Ford brand and is now its sole owner of all its intellectual property. With its emergence from bankruptcy, Revlon announced it has formed a new...
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05 May 2023
--- Johnson & Johnson’s (J&J) consumer health subsidiary Kenvue is transitioning from private to public ownership with a momentous US$47 billion initial public offering (IPO). Kenvue’s personal care business...
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05 May 2023
--- As consumer demand and awareness of digestive health and nutricosmetics continues to grow, IFF is launching new solutions based on its Howaru probiotic ingredient. The company has developed new concepts to address limited...
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04 May 2023
--- The Estée Lauder Companies has reported net sales of US$3.75 billion for its third quarter ended March 31, 2023, a decline of 12% from US$4.25 billion in the prior-year period. Company stocks fell 17.34% yesterday....
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03 May 2023
--- An independent consumer study has affirmed the efficacy of Arctiva’s eczema cream, finding symptom reduction in 91% of participants. The clean-label steroid-free skin care brand launched its eczema and psoriasis...
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02 May 2023
--- In its latest financial overview, Firmenich has reported continued momentum, with a revenue generation of CHF 1.23 billion (US$1.4 billion), an increase of 5.4% at constant currency, driven by a strong contribution of...
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01 May 2023
--- Atelier is equipping beauty manufacturers with a “world-first” platform expediting product development by four times. It is reportedly the first consumer packaged goods manufacturing platform to apply cloud...
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28 Apr 2023
--- Symrise has expanded its botanicals portfolio with hyper-frequency extraction technology, claiming it to be an environmentally sustainable solution maximizing molecular benefits. PersonalCareInsights sat down with Diana...
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