Unilever has joined forces with Alibaba to launch an AI-powered closed loop recycling system as part of the companies’ Waste Free World Initiative
Blackstone private equity group is set to acquire Piramal Glass packaging company, part of Piramal Group, in a deal worth $1 billion, according to a report by livemint.com.
Circulate Capital Ocean Fund has pledged to invest some US$19 million in four firms hoping to transform India’s waste management and recycling landscape.
L’Oréal has teamed up with Emoji The Iconic Brand and Medialink Group to market Lancôme Tonique Confort Skincare Collection in China.
Fung Group-owned Meiyume has unveiled a new sustainable packaging solution that it claims will ‘revolutionize the beauty packaging market’. The Molded Pulp Range is made from 100 percent recyclable materials and is plastic free.
Private equity group ShawKwei and Partners has invested an undisclosed sum in Hong Kong’s International Cosmetics Suppliers, according to a report published by Business Times.
ITC’s Savlon brand has launched a hand sanitizer in a sachet format, which it is claiming to be the cheapest on the global market.
Lotte Duty Free has launched biodegradable packaging such as bubble wrap and paper bags to replace plastic, in a bid to lead the industry in its eco-friendly offering.
Lush has opened its first Naked shop in Asia. The store, which is located in Hong Kong’s Causeway Bay follows previous openings in Milan, Berlin and Manchester. With Hong Kong now required to process its own waste, and the increase of Muncipal Solid Waste (MSW) far...
AmorePacific and TerraCycle have signed a Memorandum of Understanding (MOU) that sets out recycling arrangements for the K-beauty firm’s empties. AmorePacific has committed to recycling a minimum of 100 tons of empty plastic bottles every year for the next three years...