German State Raises Jobs and Independence Concerns Over Potential BASF-Evonik Deal
The German state of North Rhine-Westphalia has said that jobs and Evonik’s independent development must be protected following BASF’s approach over a potential takeover of the speciality chemicals group.
Novo Nordisk Eyes Hair Loss as Potential New Growth Category
Novo Nordisk is exploring hair loss as a potential new therapeutic category as the Ozempic and Wegovy manufacturer looks to expand its direct-to-consumer prescription drug business beyond diabetes and obesity.
TRAFFIC Launches Framework to Protect Wild-Harvested Ingredient Supply Chains
TRAFFIC and conservation consultancy Biodiversify have launched the Wild Harvest Improvement Project (WHIP) Framework to help businesses and local communities improve the sustainability of wild-harvested plant ingredient supply chains.
UK Food Standards Agency Moves First CBD Novel Foods Towards Authorisation
The UK Food Standards Agency has set out its proposed policy recommendations for the country’s first CBD novel food authorisations, retaining a maximum acceptable daily intake of 10mg for adults and introducing clearer labelling requirements.
Symrise Divests Terpene Ingredients Business to Mutares
Symrise has sold its AmeriTerpenes terpene ingredients business to private equity investor Mutares as it streamlines its portfolio and focuses investment and management resources on core growth platforms.
BSF Enterprise Signs 10-Year Global Cosmetics Deal for Bioactive Peptide
BSF Enterprise has signed a 10-year exclusive global commercialisation and supply partnership with German consultancy SCHAKAU Managementberatung for its ETSYL bioactive peptide, targeting applications across the cosmetics and skincare industry.
Unilever appoints Hanny van Amerongen-van Enschot as Chief R&D Officer for Personal Care
Unilever has appointed Hanny van Amerongen-van Enschot as Chief Research & Development Officer for its Personal Care business, based at the company’s London headquarters.
Evonik to cut 3,200 jobs as part of efficiency programme
Evonik has announced plans to eliminate 3,200 jobs globally between 2027 and 2029 as part of an expanded efficiency and restructuring programme.
EU reaches agreement on simplified cosmetics and chemicals regulations
The European Parliament and Council have reached a political agreement on the European Commission’s “Omnibus VI” package, introducing changes to cosmetics, chemicals labelling and fertiliser regulations aimed at reducing administrative burdens while maintaining health and environmental protections.
Finland moves to fine wild berry companies over decade-long cartel
Finnish authorities have proposed fines against four wild berry companies after uncovering a long-running cartel involving coordinated berry purchasing prices and market information sharing.
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