Hitex is launching Lipowheat oil for the beauty from within market in the US, having gained New Dietary Drug Ingredient (NDI) status from the Food and Drug Administration.
A new initiative is underway to develop to supply chain for oil from the African Allanblackia tree oil in food and personal care products by devising a verification scheme for sustainable and ethical trade.
Investment company Heliad Equity Partners has acquired an indirect 40 per cent interest in Germany-based cosmetics producer Baden-Baden Cosmetics Group.
France’s Groupe Casino has pledged to move to sustainable palm oil in its own brand personal care ranges, while cutting the oil completely in its food products.
As negotiations over the international use of biodiversity-based products continue, concerns are voiced over what will be covered by future regulations and how they will be enforced.
Pharmaceutical giant Glaxo Smith Kline (GSK) has appointed an ex L’Oreal executive as president of consumer health care as part of its push to drive this side of the business.
Use of petrolatum is continuing to grow in cosmetics, but increasing interest in greener, more environmentally friendly products could prevent further development.
As the recession begins to recede and typical growth drivers are set to return, the global color cosmetics market is predicted to reach $41.4bn by 2014, according to a Global Industry Analysts (GIA) report.
Japan-based personal care giant Shiseido says it is targeting further growth in the fast-growing Chinese market by focusing on the luxury professional hair care market.
Kimberly-Clark has weathered the economic storm relatively well compared to the other big personal care players, prompting the company to paint a rosy long-term forecast.
Lack of regulations and labeling requirements for natural personal care products in Asia means the market is dominated by synthetic ingredients positioned as natural, according to market research company, Kline.
US pharmaceutical company Eli Lilly has signed a provisional deal with Australian biotech company Acrux to commercialise its roll-on testosterone technology.
One of the biggest challenges to natural and organic companies is ensuring a reliable supply of quality raw materials, but experts believe investing in the supply chain is a viable solution.
BASF was hard hit by the global downturn in 2009 and is turning to sustainability measures as a means of cutting costs and getting the business back on track.
French cosmetics and bath products provider L’Occitane is preparing for its initial public offering on the Hong Kong stock exchange, according to press reports.
Personal care sales help to propel Beiersdorf to the close of a tough year, underlined by the fact that the company outperformed average market growth.
Proposed updates to medicine regulations by the New Zealand Ministry of Health could cut the red tape surrounding some fluoride toothpastes and anti-dandruff shampoos.
The US headquartered company has reported a drop in sales and net income for the year and warns of the effect of the Venezuelan currency devaluation on the coming year.
The 2010 growth strategy of consumer giant Procter & Gamble includes several new launches across its beauty and grooming portfolio, it was revealed at the Consumer Analysts Group of New York (CAGNY) conference last week.
Having been hard hit by the economic downturn in 2009 L’Oreal says new markets will help to counteract limited growth opportunities in developed markets.
The Naturex Foundation, an initiative of French ingredients firm Naturex, has reported good progress on its three ongoing community projects in places from where it sources raw materials.
Ingredients supplier Presperse has signed a partnership with Kyowa Hakka USA to bring its amino acid-based ingredients and technologies to the personal care and cosmetics market.
Latin America and Asia led the way with strong sales for Givaudan’s flavour division in 2009, prodding it towards 1.9 per cent sales growth in local currencies in a tough year for industry.
France-based Cosmogen, a supplier of cosmetics packaging and applicators, is strengthening relations with its industrial partners by opening a new office in Shenzhen, China.
Swedish direct sales company Oriflame has announced a 14 per cent increase in its fourth quarter local currency sales, but negative currency translations take the shine off.
Gerresheimer expects pharmaceutical packaging sales to grow but says performance of “cyclical” cosmetics and life science businesses is more difficult to predict.
Indian wellness and beauty company VLCC is locked in a high court dispute with L’Oreal over the use of the Fuel brand to promote men’s skin ranges in India.
Cosmetic ingredients from Aboriginal crops will be evaluated for fair trade certification, the first time the standard will be applied to communities living in developed nations.
An increase in same store sales growth and the addition of new outlets through both organic growth and acquisitions has boosted Sally Beauty’s sales in its 2010 first quarter.
Australian biotechnology company Phosphagenics, is to launch its new Elixia skin care range in Australia through an exclusive distribution agreement with Pulse Pharmacies.
Swiss ingredients supplier Lonza reported a significant drop in its sales during 2009, as all of its business divisions were hard hit by lower demand worldwide.