Portola Packaging closes cosmetics division to focus on beverage
Portola Packaging is to focus on its beverage closures business after announcing its cosmetics segment will shut by the end of the year.
News & Analysis on Cosmetics Innovation
Portola Packaging is to focus on its beverage closures business after announcing its cosmetics segment will shut by the end of the year.
The French ingredients player has developed a new vitamin D-like active derived from the chicory root for ageing skin.
The global consumer packaging company has announced the proposed sale of its Cosmetics, Toiletries and Household care products (CTH) business for $709m (€562m at current exchange rates).
The specialty chemicals distributor and provider of market expansion services has teamed up with Induchem, a Swiss cosmetic manufacturer to further develop its presence on the Chinese market.