Cognis sells stake in Cognis Oleochemicals to PTT Chemical International
Cognis has sold its stake in a producer of natural oil and fat derived chemicals to focus on the wellness and sustainability trends.
News & Analysis on Cosmetics Innovation
Cognis has sold its stake in a producer of natural oil and fat derived chemicals to focus on the wellness and sustainability trends.
It is not only the price of raw ingredients that are going up, packaging materials are becoming more costly, evinced by the latest hike from BASF.
Perfume sales drove double-digit sales growth for Hermes as the luxury goods company shrugged off concerns about an economic downturn.
Taking a minority stake in Forest Essentials will provide Estee Lauder with improved access to a small but fast-growing market brimming with opportunity, says a Kline analyst.
Rockwood Holding, the New Jersey based producer of specialty pigments, says it has bought up Holliday Pigments, a leading producer of ultramarine blue.
Leading natural cosmetics provider Aveda has updated and expanded its Uruku make-up collection, opting for natural annatto pigment instead of synthetics.