Business & financial

P&G Beauty chief to become company’s new CEO

P&G Beauty chief to become company’s new CEO

By Andrew MCDOUGALL

Procter & Gamble announces that David S. Taylor, Group President of Global Beauty, Grooming and Health Care, will succeed A.G. Lafley as the company’s President and Chief Executive Officer.

Evonik opens new US facility

Evonik opens new US facility

By Deanna Utroske

The specialty chemicals company cut the ribbon on its Richmond Business and Innovation Center last week, setting the stage for further growth in North America and a new innovations strategy across the Evonik business.

Unilever and WWF team up to fight deforestation

Unilever and WWF team up to fight deforestation

By Andrew MCDOUGALL

Dove skin care maker Unilever is looking to take on the issue of deforestation and engage with consumers on the topic by teaming up with WWF International in a one-year, international partnership.

Coty to merge P&G brands in $12.5bn deal

Coty to merge P&G brands in $12.5bn deal

By Andrew MCDOUGALL

Confirmation has come through that Coty will acquire 43 fragrance, colour cosmetics, and hair care brands from Procter & Gamble in a deal valued at $12.5 billion (€11.2bn).

Henkel to invest in Egypt as it eyes expansion

Henkel to invest in Egypt as it eyes expansion

By Andrew MCDOUGALL

Personal care product producer Henkel will invest LE 300 million (€34.7 million) into its Port Said facility and its new factory in Egypt, according to the Industry and Trade Minister, in a move that will hopefully boost the economy.

Ashland to acquire AkzoNobel biofunctional technology

Ashland to acquire AkzoNobel biofunctional technology

By Simon Pitman

Fine chemicals player Ashland has announced the acquisition of AkzoNobel’s Zeta Fraction biofunctional technology as part of its ambitions to grow its sustainable, natural-based specialty ingredients business.

Game, Set, and Shiseido sun protection ambassador… Miss Ivanovic

Game, Set, and Shiseido sun protection ambassador… Miss Ivanovic

By Andrew MCDOUGALL

Right on time for Britain’s summer tennis tournament and as a heatwave takes over Wimbledon, Shiseido announces that former women’s world number one, Ana Ivanovic, will be the ambassador for its revolutionary WetForce sun care system.

Changes afoot for Coty and P&G but will it work, asks Euromonitor

Changes afoot for Coty and P&G but will it work, asks Euromonitor

By Andrew MCDOUGALL

It is no secret by now that cosmetics firm Coty is set to boost its presence in its core beauty categories via the $12 billion bid it has reportedly won for Procter & Gamble's spin-off beauty brands, but it is not a straight-forward success for...

Fujifilm signs new deal with Algatech to expand astaxanthin supply

Fujifilm signs new deal with Algatech to expand astaxanthin supply

By Michelle Yeomans

After almost a decade of sourcing Algatech’s astaxanthin as the main active for its Astalift skin care products, Fujifilm has now signed a supply and long-term agreement to distribute the company's astaxanthin raw materials in Japan.

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