Industry bodies have hit back at claims by a US study team that a
chemical commonly used as a preservative in a variety of cosmetic
products may damage unborn foetuses, saying that doses are far too
small to have such an effect.
Despite Wella reporting a 7.2 per cent increase in sales for its
core cosmetics and fragrance business in the first six months of
the year, the company has reported a drop in group profits bought
on by restructuring costs - a factor...
US-based Health Sciences has re-formulated Sense, its skin and
personal care product line. The product has been re-launched
containing the company's new preserving technology, which is said
to contain a number of active ingredients...
The Malaysian palm oil industry looks set to play a more active
role in cosmetics formulation after the country's Palm Oil
Promotion Council declared that it was looking to expand exports of
oleochemical products.
Outsourcing may have helped Fytokem Products, a Canadian producer
of plant-based ingredients, increase its sales from last quarter,
but they were still well down on the same period last year.
German maker of Schwarzkopf hair care products Henkel recently cut
its sales growth target by nearly half to 2 per cent, blaming a
sluggish market, both at home and in other European countries.
Japan's second largest manufacturer of household goods Lion is to
terminate a hair care product joint-venture agreement with a
Japanese unit of German company Henkel.
International household and personal care products company PZ
Cussons has is to acquire top UK haircare brand Charles Worthington
in a deal worth up to £37m (€55 m) to the celebrity hairdresser and
his business partner.
BASF has introduced Luviset Clear, a new resin to its range of
cosmetics and personal care ingredients that is a copolymer of the
classic vinylpyrrolidone with methacrylamide and N-vinylimidazole,
suitable for hair mousses, styling...
Alberto-Culver has announced that it has completed the sale of its
Indola professional hair care business to Henkel. The transaction,
effective 1 June 2004, is the latest in a series of mergers and
acquisitions in the salon hair care...
The days when it was enough for a shampoo to cleanse and a
conditioner to soften are gone, said Croda's Nick Challoner,
announcing the company's new active ingredients for hair care
products.
Henkel is to acquire hair care company Indola from Alberto-Culver.
They are expected to complete the deal by 1 June 2004, subject to
final agreement and competition law clearances. The transaction is
the latest in a series of mergers...
Having announced strong half-yearly results, Malaysian Palm Oil
producer Golden Hope says that it will be looking to markets such
as China to exploit its growing oleochemicals division in an effort
to increase its presence in the...
The Lubrizol Corporation has announced the acquisition of Noveon
International, a speciality chemical producer, to create a combined
company. The move complements Lubrizol's existing businesses in
fluid technologies and will...
Wella, the German maker of hair-care and beauty products, has
forecast a 'year of challenges' for 2004 after the group reported a
significant drop in net profit. Recently acquired by Procter &
Gamble, the company was...
France's perfume and cosmetics industry has reported a domestic and
global sales increase of 1.6 per cent for 2003. Findings show that
the French remain the world's top users of cosmetics and fragrances
with half a milion...
California-based Renaissance Herbs has entered into an exclusive
joint venture with the Chinese firm Xi'an Haotian Bioegineering to
produce and sell high quality, synthetic-grade CoQ10.
Atrium this week announced its full acquisition of active
ingredient supplier Siricie. The €1.6 million cash deal
demonstrates the trend of biotechnology companies moving further
towards novel products.
Croda International, one of the world's largest manufacturer of raw
materials for the cosmetic industry, has signed a a global
distribution and collaboration agreement with Keratec, a New
Zealand wool biotechnology company.
Cashing in on the trend towards natural ingredients, and benefiting
from the synergy with its sister company SilPRO that markets silk
essence powder, New Silk Road is keen to push silk as the natural
moisturiser.
Scientists in Thailand have developed a new herbal extract that
they claim could rival the ubiquitous tea tree oil in products as
wide-ranging as shampoos, toothpaste and massage oil.
Cosmeceuticals can no longer be considered a niche market,
representing up to 50 per cent of supplement sales in some
countries, maintains a new report.
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