Peru Cosmetics and Essential Oils Exports Rise 6.8 Percent as Overseas Trade Grows
Peru’s exports of essential oils, cosmetics and surfactants increased 6.8 percent to US$89 million during the first seven months of 2026, against a backdrop of strong growth in the country’s wider export economy.
Debut and Natura partner on AI-discovered skin longevity ingredient for Latin America
Biotech beauty company Debut and Natura have entered a strategic partnership to commercialize an AI-discovered skin longevity ingredient complex for the Latin American beauty market.
Brazil declares açaí a national fruit
Brazil has officially declared the açaí berry a national fruit in a bid to protect its cultural and economic ownership of the globally popular Amazonian “superfood.”
O Boticário Enters U.S. with Mushroom-Based Fragrance Innovation
O Boticário has launched EGEO Cogu and EGEO Cogu Mellow in the United States, introducing the first fragrance worldwide to incorporate Boletus Edulis mushroom.
Givaudan to Acquire Majority Stake in Brazil’s Vollmens Fragrances
Givaudan has reached an agreement to acquire a majority stake in Vollmens Fragrances, a Brazilian fragrance company supplying the fine fragrance and personal care sectors.
BASF and INOCAS partner to develop sustainable Macauba oil
BASF and INOCAS have signed a long-term Supplier Finance Agreement. The partnership will see BASF finance INOCAS’ plans to significantly expand the production of Macauba oil in Brazil on an industrial scale.
COP16 Agreement Sets Groundbreaking Payment Model for Use of Genetic Data in Pharma and Beauty
In a major breakthrough at the COP16 summit in Colombia, nearly 200 countries agreed on a framework for industries—including pharmaceuticals, cosmetics, and biotechnology—to compensate for the use of genetic information sourced from nature.
Natura revolutionizes refills with world’s first body lotion concentrate
Natura has launched a new body care line, which it is billing as the world’s first body lotion concentrate, condensing its popular Ekos Castanha range into a 30ml bottle, which is then designed to be mixed with water at home to minimise plastic use.
Innospec acquires QGP Quimica
Innospec has announced that it has acquired QGP Quimica. Financial terms of the deal were not disclosed.
Humane Society International welcomes Brazil’s animal testing ban
The Humane Society International has praised regulators for South America’s largest beauty market for ushering in a partial ban on animal testing for cosmetics. Brazil’s National Council for the Control of Animal Experimentation has outlawed animal testing for beauty ingredients with ‘known effects’ and provided for alternative testing methods for ‘unknown ingredients’.
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