News & Analysis on Cosmetics Innovation
Two leading European manufacturers of oils and fats for the cosmetics and food industries last week joined forces in a move the companies hope will allow them to significantly expand their businesses in the US and Northern Europe.
Procter & Gamble has signaled that it plans to make more use of palm oil in its shampoos and detergents instead of relying mainly on crude oil, which likely to be subject to volatile price changes in the future.
The UK's Lornamead Group has acquired the assets, rights and inventory of quintessential English toiletries brand Yardley from P&G.