Beiersdorf is set to expand its production network, with the personal care giant having laid the cornerstone for a new plant in Leipzig, Germany.
3M has announced the closure of its manufacturing facility in Swansea, Wales, according to a report published by The Herald.
Nestle is expecting the cost of raw materials and labor to soar over the next 12 months, and expects to pass on any input cost inflation to consumers via price hikes, according to a report published by Fox Business.
Cruelty Free International has raised the alert after being informed by the Home Office that the UK government could be reconsidering its policy on animal testing for cosmetics, according to a report published by The Guardian.
Platinum Equity has announced that it has signed a definitive agreement to acquire Solenis from Clayton, Dubilier & Rice and BASF in a transaction that values the specialty chemicals supplier at US$5.25 billion.
Unilever and Google are among the first corporations to back a new supplier diversity initiative from MSDUK that will see 300 ethnic minority businesses become supply chain ready.
Beiersdorf is set to invest €170 million in a new state-of-the-art European hub, based in Leipzig in the vicinity of its new production plant.
Procter & Gamble has opened a new Product Supply Innovation Center (PSIC), which will serve as the hub for collaboration with a network of local suppliers, tech companies, R&D institutions and top universities, developing global, scalable and modular solutions to decarbonize its supply chain.
BASF and Evonik are taking part in a blockchain project in partnership with Commerzbank, testing blockchain programmable money for supply chain payments.
Croda has announced a strategic review of its Performance Technologies and Industrial Chemicals (PTIC) businesses.