BASF to open new plants in China and Germany
BASF has announced its plans to open a new citral plant in China and menthol and linalool downstream plants in Germany. The new facilities are slated to come on stream from 2026 onwards.
Croda acquires Solus Biotech to expand actives business in Asia
Croda has announced that it has agreed to acquire Solus Biotech from Solus Advanced Materials for KRW350 billion on a debt-free, cash-free basis. The deal is subject to regulatory approval.
Kao unveils research on cause of frizz
Kao and Analytical Science Research Laboratories have discovered a key cause of frizz to the outer layer of hair. The pair found that UV rays can cleave disulfide bonds, causing distortion in a similar way to perms.
Indonesia and Malaysia to fight ‘discrimination against palm oil’
Indonesia and Malaysia have signed eight memorandums of understandings aimed at strengthening cooperation between the two palm-oil producing nations and help rebuild palm oil’s reputation, according to a report published by Reuters.
Croda and Evonik in running to acquire Solus Biotech?
Croda is said to have joined bidders vying to acquire Korea’s Solus Biotech, according to a report published by The Korea Economic Daily.
AmorePacific teams up with Johns Hopkins Department of Dermatology on research project
AmorePacific has announced that it has kicked off a strategic collaboration with Johns Hopkins University that will see the K-beauty behemoth support a new research program, New Beauty Research Initiative (NBRI).
Ingredients in 2022 – the price is right
The supply chain disruption caused by the pandemic showed no signs of abating in early 2022. If anything, it got worse as inflation rose, leading to price rises across the board.
Global labor shortage hits Malaysia’s palm oil producers hard
Malaysia’s palm oil producers are set to lose up to MYR RM20 billion this year as a shortage of workers hits harvest, according to a report published by the South China Morning Post.
Mane Group invests €23 million in Indian manufacturing
French flavors and fragrances manufacturer, Mane Group has invested €23 million in two new manufacturing facilities in India, according to a report published by Indian Retailer. The company’s Chairman, Jean Mane cut the ribbon on the new Gujarat and Hyderabad plants.
L’Oréal teams up with Hotel Shilla to launch new luxury brand
L’Oréal has teamed up with Hotel Shilla and Anchor Equity Partners to launch a newly created luxury beauty brand via a joint venture named Loshian.
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