Cosmetics Industry News

Brenntag, a leading global distributor of chemicals and raw materials, has entered into a new distribution agreement with Givaudan, a leading global distributor of fragrances, beauty, flavors, and health products.

• Brenntag
• Givaudan

Procter & Gamble (P&G) reported on Friday, October 24, that its quarterly profit rose, driven by strong personal care sales and an improved performance in China.

• P&G

BASF's Personal Care division has launched Ameriflor Calm, a botanical active ingredient designed to enhance the natural elasticity of sensitive skin.

• BASF

BASF and IFF have partnered to accelerate the development of IFF's designer enzyme biomaterials technology platform, creating next-generation technologies for fabric, dish and personal care, and industrial cleaning applications.

• BASF
• IFF

LBB Specialties (LBBS) announced a new partnership with Imerys. The agreement designates LBBS as the preferred distributor of Imerys' ImerCare® personal care product line and mineral products for the food and nutrition markets.

• LBB Specialties
• Imerys

In a landmark move reshaping the luxury-beauty landscape, Kering Group and L’Oréal Group have agreed to a strategic alliance valued at approximately €4 billion (about USD 4.6–4.7 billion).

• Kering
• L’Oréal

IMCD, a global partner specializing in the distribution and formulation of specialty chemicals and ingredients, has signed an agreement to acquire 100% of Dong Yang FT.

• IMCD
• Dongyang FT

Unilever announced the sale of its Kate Somerville skincare brand to Rare Beauty Brands, the latest step in the company's ongoing portfolio reshaping within its Prestige beauty division.

• Unilever
• Kate Somerville
• Rare Beauty Brands

IFF, a global leader in flavors, fragrances, food ingredients, health, and biosciences, has announced plans to establish a new Scent Creative Center in Mumbai, India.

• IFF

Eurofragance will soon launch its fourth proprietary fragrance ingredient at the Beautyworld Middle East trade show. The Spanish fragrance house's latest exclusive raw material brings a luxurious touch to fragrance compositions.

• Eurofragance
• Olivante

Unilever is investing 30 billion forints (US$76 million) in a new 10,000 square meter production facility in Nyírba tór, Hungary, expanding from home care to hygiene and deodorant manufacturing.

• Unilever
• deodorant

Procter & Gamble (P&G) has announced its decision to cease business operations in Pakistan, including its Gillette subsidiary, as part of a broader global restructuring and cost-cutting initiative.

• P&G

The global specialty chemical distributor has acquired a majority stake in Anders, a leading regional specialty chemical distributor in South America.

• Safic-Alcan
• Anders

Givaudan celebrates the groundbreaking of its new factory in Guangzhou, marking another important milestone in supporting the growth of its fragrance business in high-growth markets, in partnership with local and regional customers.

• Givaudan

DKSH High Performance Materials, a specialty chemicals and ingredients distributor, has opened a newly upgraded Innovation Center in South Korea to support the food and beverage, personal care, and specialty chemicals industries.

• DKSH

Intercos SpA, a supplier to Estée Lauder and Dolce & Gabbana, is pursuing acquisitions in the US skin and hair care sectors, targeting acquisitions worth $100 million to $200 million.

• Intercos

UK-based startup Clean Food Group (CFG) announced on September 12 that its fermentation-derived oil has received approval for use in cosmetics across the UK, Europe, and the United States.

• Clean Food Group
• fermentation-derived oli

Marinela Makeup has joined forces with FasterCapital to accelerate the growth of its vegan and cruelty-free cosmetics range.

• Marinela Makeup
• FasterCapital

Givaudan’s Fragrance Ingredients division has launched a new natural extract designed to impart a distinctive olfactory signature to personal care and fine fragrance products.

• Givaudan

Lubrizol, a global leader in advanced specialty ingredients, has reached a major milestone in its sustainability journey: the removal of per- and polyfluoroalkyl substances (PFAS), including trifluoroacetic acid (TFA), from its peptide synthesis process.

• Lubrizol
• PFAS
• peptide synthesis