Procter & Gamble closes Puerto Rico plant, laying off 230 employees
Procter & Gamble has announced that is closing a manufacturing plant based in Puerto Rico and will be laying off 230 employees. The plant, located in Cavey, a southern town on the Carribean island, has been manufacturing Olay skin care products since Procter &...
US consumer fails to sue Neutrogena over false sunscreen claims
A US consumer who tried to take legal action against Neutrogena for misleading customers by labeling products with false sunscreen claims has had his case dismissed. Plaintiff Nathan Dapeer sought an injunction against Neutrogena over claims that the brand’s high-SPF...
Colgate-Palmolive India fourth quarter profits up by 23 percent
Net profits for Colgate-Palmolive India rose 23 percent rise in its fourth quarter ending March 31, it has been announced. On Tuesday the company said its profits during the fourth quarter of 2015 rose by 23.6 percent at Rs 163.63 crore against Rs 132.3 crore in the...
MeadWestvaco Corportation and Rock-Tenn will operate as WestRock following merger
American packaging companies MeadWestvaco Corporation and Rock-Tenn Corporation have said they will operate as WestRock Corporation after their merger. The companies announced in January that they would combine to create a US$16bn a year global packaging giant....
Skin care industry demand for titanium dioxide predicted to grow
Growth in the global titanium dioxide market will be spurred by the skin care industry for the next four years, according to a report. Research firm Technavio has predicted that unprecedented and increased demand will create continuous growth for titanium dioxide...
Colgate-Palmolive reduces energy use by 19.1 percent
Colgate-Palmolive has reduced its energy use by 19.1 percent since 2005, the company has announced. In the latest edition of its annual report entitled ‘Giving the World Reasons to Smile’ Colgate details the progress that it has been making towards its long-term...
Unilever CFO Jean-Marc Huet stands down after five years
Unilever Chief Financial Officer Jean-Marc Huet is due to leave the company after five years in his role. The former Goldman Sachs banker will officially step down on October 1 and will be succeeded by Graeme Pitkethly, who is currently Executive Vice President of...
Mary Kay mobilizes global campaign to support women and childen in need
Mary Kay has announced that it will donate US$1 of every purchase of its Nourishine Plus Lip Gloss sold in the US over the summer towards supporting women suffering from domestic violence. Over the past 15 years, The Mary Kay Foundation has raised US$50 million for...
Yves Saint Laurent and Jimmy Choo scoop awards at ‘Fragrance Oscars’
Dubbed by industry insiders as the ‘fragrance Oscars’, the winners of the 23rd annual Fragrance Foundation UK Awards have been announced. Yves Saint Laurent picked up the Best New Female Fragrance award for Black Opium and Jimmy Choo picked up the Best New Male...
UAE consumer demand for color cosmetics expected to grow
The color cosmetics market in the United Arab Emirates is expected to witness a compound annual growth rate of 11 percent until 2020, according to a Euromonitor report. In recent years, the market has registered a CAGR of 8 percent, yet Euromonitor predicts that the...
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