M&H Plastics to close newly-acquired Depiction’s Market Drayton site; 40 jobs at risk
Following its acquisition of Shropshire-based plastic tubes and caps firm Depiction, M&H Plastics (RPC Group) has announced its intention to move production to Suffolk, putting 40 jobs at risk, according to a report in the Shropshire Star. Family-owned Depiction...
Philippines’ personal care manufacturer Splash Corp doubles income to PHP93 million
Philippines-based personal care manufacturer Splash Corp has announced a triple-digit increase in net income for the first half of 2015. Net income soared 133 percent when compared to the first semester of 2014 to reach PHP93 million. The company saw revenues from its...
Indian research council stops Colgate Palmolive mouthwash patent in its tracks
The Indian Council of Scientific & Industrial Research's (CSIR) Traditional Knowledge Digital Library has thwarted an attempt by Colgate Palmolive to patent a mouthwash formula containing extract of nutmeg. Colgate filed the patent at the European Patent Office,...
India and China to drive global color cosmetics growth until 2020
The Asian color cosmetics market is expected to witness high growth over the next five years, according to a report released by Persistence Market Research. North America is currently the largest market for color cosmetics globally, followed by Europe. However, the...
Leading nail care brand OPI joins CAVI Brands South African portfolio
South African beauty distributor CAVI Brands has welcomed the leading professional nail care brand OPI to its impressive portfolio of brands following a deal with Coty Inc. Effective Saturday 1st August, 2015, the deal will see CAVI Brands market and distribute the...
Efforts to tackle global deforestation risk being side lined, says Unilever Chief Executive
Unilever Chief Executive Paul Polman has warned that a more ambitious approach to funding forest protection is needed, or risk the project being sidelined at the upcoming Paris Climate Summit. The upcoming Summit will follow recent UN climate talks in Bonn which saw...
Speciality Chemicals Market set to grow by 2020
A new report has stated that demand from the Asia-Pacific region and end user industries such as the cosmetics market has enabled a projected growth of the specialty chemicals market by 2020. Likewise increased R&D activities to develop new products is also a key...
Kollagen expands distribution to Mexico
Californian-based cosmetics company Kollagen has announced it is expanding its distribution to Mexico, alongside distributor Making Beauty. With a focus on nano gold technology – also known as NGT® - Kollagen produces affordable, eco-friendly anti-ageing skin care...
Make in India directive falls short due to high import of finished goods
Multinational FMCG companies are said to be falling short of the ‘Make in India’ quest delivered by the newly-elected Prime Minister Narenda Modi due to the high import of finished goods when launching or testing new products in the Indian market. Data compiled by BS...
Will Lauder snap up P&G’s remaining prestige skin care brand SK-II? Coty leaves field wide open for M&A frenzy
While Coty beds in the 43 beauty brands it purchased from Proctor & Gamble, its competitors have been left an open playing field to shop for new additions to their portfolios. And speculation abounds as to the fate of P&G’s remaining prestige skin care brand...
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